532: Investing Your Tax Refund for a 1000% Return by Sam Dogen of Financial Samurai
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.5 • 1.3K Ratings
🗓️ 13 March 2018
⏱️ 7 minutes
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| 0:00.0 | Everything is fuel for your creativity with the L'Anovo Yoga Laptop series. |
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| 0:28.0 | This is Opt I read to you |
| 0:33.0 | 532 investing your tax refund for a 1,000% return |
| 0:38.0 | by Sam of Financial samurai.com. |
| 0:41.0 | And I'm Dan your host and this is where I read to you from some of the best blogs on personal finance. |
| 0:45.0 | I narrate articles from blogs like Mr. Money Mustache. I will teach you to be rich, get rich slowly, |
| 0:51.0 | budgets are sexy, and more, sort of like a gigantic ongoing audio book, but free of charge. |
| 0:57.0 | For now, let's get to today's post and start optimizing your life. your tax refund for a 1,000 percent return by Sam of Financial Samurai. In the article How to get over your fear of investing, |
| 1:15.0 | I mention how your risk tolerance decreases the more capital you accumulate. |
| 1:19.0 | When you were rocking a $100,000 net worth as a 30-year-old, |
| 1:23.0 | you had no problems investing 30% of your net worth |
| 1:25.6 | in your employer's promising stock. |
| 1:27.4 | But now that you're 50 and less enthusiastic |
| 1:29.5 | about working for decades more, investing 30% |
| 1:32.4 | of your $1 million nest egg doesn't seem like a good idea. |
| 1:36.0 | The tax refund actually provides for a great opportunity to swing for the ROI fences every |
| 1:40.8 | year no matter your age or net worth. |
| 1:43.0 | Given that the average tax refund is only around $3,000, |
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