4 Rules of Investing EVERYONE Must Know! (2020)

2.6K viewsPublished: November 29, 20196m 45sScore: 75
Pricing & Profitability
intermediate
Profitability
Expenses
Tax Strategy
Bookkeeping

Summary

Richard Fertig outlines four key investing principles for short-term rental hosts: minimizing losses by not getting married to your position and cutting losses early, asymmetric risk/reward by taking low risks for high potential returns, diversification to spread risk across asset classes and regions, and compounding by reinvesting earnings for long-term growth.

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