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Welcome back to The Money Shot podcast! In this episode, Damien takes a sum of money, in this case 100K for the sake of percentages and easy math.
In This Episode
Things to consider before investing your cash
The assumptions Damien will make during this scenario
Breaking down his reasonable approach to risk
How Damien would spend his money
“The smoother the increase you can get, the better for the long run”
“When we refer to large caps, we’re really talking about the top 100, 200 companies in an entire economy”
“Re-balancing on an annual basis is a good way to make sure you’re taking profit off the table and reinvesting in things that are probably, more likely, to be profitable again in the future”