Question:

Why do rich people not need your investment dollars to keep their profits rolling in?

by  |  earlier

0 LIKES UnLike

Why do rich people not need your investment dollars to keep their profits rolling in?

 Tags:

   Report

2 ANSWERS


  1. The do need your investment dollars.  That is how they got rich.  One dollar at a time. /


  2. Diversification.  Their wealth is spread over enough areas that a lack of investment in say the stock market is supplemented by a spike in gold prices, or a real estate market drop is balanced by appreciation in overseas investment.  That and they have a long time horizon.  With enough funds you can wait out the dips and reap the benefit from the inevitable appreciation.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.