I remember Kevin O’Leary talking about this in an Inc. conference. Also, remember - only invest what you’re willing to lose. Some people take wild risks ‘cause they’ve put aside a specified portion of money to burn.
@Background Pony #8C31
“Today I learned even princesses must learn to be fiscally responsible. There are many who will leech off of your wealth if given the chance, and you shouldn’t mistake generosity for popularity. Always keep track of who owes you what, and do not be afraid to put your hoof down when you feel you’ve been taken advantage of. If you make sensible investments and don’t commit your entire portfolio to a single project that is riding high at the moment, you will have something to fall back on in lean times.”
“Your duaghter, Pipp Petals.”
“PS: Can you lend me 200 bits so I can pay off my debt?”
“Today I learned even princesses must learn to be fiscally responsible. There are many who will leech off of your wealth if given the chance, and you shouldn’t mistake generosity for popularity. Always keep track of who owes you what, and do not be afraid to put your hoof down when you feel you’ve been taken advantage of. If you make sensible investments and don’t commit your entire portfolio to a single project that is riding high at the moment, you will have something to fall back on in lean times.”
Princess CelestiaQueen Haven (or mom, if Pipp is writing it?)…