Four, financial risks, they're totally worth taking. I am excited about this because all the time we talk to people about risk assessment

and how do I de-risk my life, de-risk my portfolio, de-risk my financial situation, but today

we're going to kind of flip the script. We're going to talk about some risks that may indeed actually be worth you taking.

And look, we're not talking about NFTs. We're not talking about cryptos. We didn't get caught up and all that. These are actually true things that you can take a risk on and get explosive rates of return over the long term if done the right way and guess what we're going to share that

with you today so let's jump in to talk about the first one this first one may

seem counterintuitive but in fact it is risky and it is investing in your education adding to your knowledge base in order to improve a skill set or learn a new skill set.

And people like, I don't, guys I don't understand I went to school

how is this risky why on earth could this be considered a risky thing I mean I'm

I'm a huge advocate for education I still think that this is the latter that gave me the leg up.

So but it is risky these days because guess what? Number one, Bo, it's gotten expensive.

That's right. It can be incredibly, incredibly costly when you think about what an average four year cost.

If you look at the average cost of an in-state degree right now, it's $26,000 per year.

So just doing like real simple math,

that's like over a hundred grand over the course of four years.

Well, it goes even further than that.

If we're going to spend $100,000 on something,

104,000 specifically, that actually is an opportunity cost.

That's an incremental decision that you have chosen to put that money towards your education,

whereas it could have been invested. And so we were like, like hey let's flip the script on this and say

what would that money caught be actually potentially turn into and we guess what

what guys a hundred thousand dollar education is potentially foregoing $10 million at retirement.

Yeah, so whether you paid for that or whether your parents paid for that, that was money that could have been working that could have been

...