We see it
all the time, investors shooting for gold by betting the long shot. Seemingly, we all decide if the risk makes
sense relative to the reward at some point for our portfolios. We suggest that taking a shot is not the worst
thing in the world. It would be far too
boring to just sit back and ‘do the right thing’ and invest for the long term. In fact, the recent markets results would strongly
suggest otherwise. Sometime it makes
compelling sense to invest a little something and go for broke. Just be careful you don’t bet the ranch. Isn’t that what the venture capital guys do
all of the time? They always try to
swing for the fences and hope that the winners are huge and the losers get lost
in the averages.
Please don’t
misunderstand, we are not suggesting all risk all of the time, but every now
and then to stand at the betters window and go for it can add a lot of excitement
– and potentially some huge gains. Cashing in those tickets is a lot of fun!
