Trying To Find The Exception To The Rule When Investing

In anything, there’s always an exception to the rule. With your financial plan, when do you chase that exception and when do you stick with what’s average? Which will be more profitable in the long run?

 

Show Notes: https://thefinancialanswer.com/podcasts/trying-to-find-the-exception-to-the-rule-when-investing/

 

Today's Rundown: 

1:01 - Jim Simons, a mathematician and hedge fund manager figured out a way to have average returns of 66% a year.

4:44 - It’s hard to know how he did so well or to have predicted this success ahead of time.

6:42 - If this was something that could be repeated, everyone would be doing it.

8:04 - Find the advisor that gets you and helps you with your plan.

9:40 - Use your drive and determination to accomplish your goals.

10:58 - Know what to expect in the market.

12:04 - Aim for what you need, before you chase what you think you could get.