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I have seen repeatedly in here (and also in MFL) that investing in the stock market is risky if it's the sole area for one to park funds.
And I believe either somewhere here or in MFL, that MJ mentioned that the best place he likes to put his money is back into his own business system.
So my question (hypothetical) is, let's say you exited from you biz to "cash out," then ideally how much % would be put into the stock market, and how much % would be put back into a new business venture?
And how would it be possible to secure the investment ROI from that business venture (especially if it's a brand new business venture, since you just exited from the old one)?
And what is the minimum amount that's needed to start that process? For example, if you can exit for 100k, then put 50k into stock market and 50k into a new biz, is that enough to start the process? Can that amount be smaller? Or is it necessary to wait for a "bigger" exit?
Is this a stupid line of questioning, and the answer is more like, "shut up and just do something/anything" first and then let's talk? I guess mentally I am still trying to understand how this all works.
And I believe either somewhere here or in MFL, that MJ mentioned that the best place he likes to put his money is back into his own business system.
So my question (hypothetical) is, let's say you exited from you biz to "cash out," then ideally how much % would be put into the stock market, and how much % would be put back into a new business venture?
And how would it be possible to secure the investment ROI from that business venture (especially if it's a brand new business venture, since you just exited from the old one)?
And what is the minimum amount that's needed to start that process? For example, if you can exit for 100k, then put 50k into stock market and 50k into a new biz, is that enough to start the process? Can that amount be smaller? Or is it necessary to wait for a "bigger" exit?
Is this a stupid line of questioning, and the answer is more like, "shut up and just do something/anything" first and then let's talk? I guess mentally I am still trying to understand how this all works.
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