ROE is your key to unlocking a better life!
Seriously, don’t get trapped with me in the kitchen at a party.
It happened again, I was chatting with some friends & they proudly shared about their trading returns by picking stocks & ‘investments’ in the latest cryptocurrency. Then a banker chimed in with their latest structured product (he struggled to explain how it works 😜).
I felt like everyone was selling their get-rich-quick-scheme (while still not being rich according to their own goalposts).
🐌 No one will ever sell me a get-rich-slow plan (because it wouldn’t sell very well), but it’s the only one that consistently works.
🎆 If someone uses a bunch of fancy words & jargon to try to sell you an investment or financial opportunity, don’t buy it.
🏃➡️ Run in the other direction, fast. 💨
⛔ If an investment or financial opportunity seems too good to be true, assume that it probably is....