My THIRD prediction is that Your know-it-all brother-in-law or friend WILL have a great investment opportunity that they can get you access to: The question I receive most is whether someone should participate in an opportunity suggested to them by someone close to them. The answer is almost always NO. Envy and speculation are two things that keep the world turning. This won’t change. In social settings, whether it’s on the golf course or a dinner with friends, it is common for people to want to share their investment winners, while conveniently leaving out the losers. These stories make others jealous. It’s important to remember that you don’t need “access” to anything special to achieve your goals. Your process should be boring, plain vanilla, and consistent over time. If your strategy represents that level of dullness, then you are likely to minimize your mistakes and build wealth overtime. Don’t let anyone with a hot deal try to convince you otherwise.
Practical Planning Tip: 2025 Predictions - Your Friend Will have Access to a Hot Deal
