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Episode 3004:

Chris Reining's exploration of risk and reward illustrates how calculated risk-taking, as seen in Arnold Schwarzenegger's multifaceted career and real estate investments, paves the way for growth and success. He delves into tailoring investment strategies to personal risk tolerance, emphasizing the balance between safety and potential returns, and highlights the importance of long-term perspective in weathering market volatility.

Read along with the original article(s) here: https://chrisreining.com/risk-reward/

Quotes to ponder:

"Safety is fine, just be aware risk gets the rewards."

"My intention was to minimize my future regret. So I split my contributions 50/50 between bonds and equities."

"If there was a way to make money hand over fist with no risk wouldn’t everyone on the planet be rich?"

Episode references:

The Investor’s Manifesto: https://www.amazon.com/Investors-Manifesto-Preparing-Prospering-Rational/dp/0470505141

Tools of Titans: https://www.amazon.com/Tools-Titans-Billionaires-World-Class-Performers/dp/1328683788

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