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Access to that tier is why a lot of (ex: sports, inherited wealth, lottery, etc) people who earn a millions, but are not savvy investors end up broke. The financial industry is very good at separating people from their money and unless that's your background it's best to stay the @$%^ away.



    > people who earn a millions, but are not savvy
    > investors end up broke
One suspects that's more to do with outgoings than with returns


You can't live on negative returns.

Restaurants are a classic example of money pit 'investments', but so are a lot of real estate deals etc.




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