00:00What's the best thing to invest in? Because there's stocks and real estate and crypto and
00:05bonds and NFTs and cars and watches and purses. What's the best thing to buy? The answer to that
00:11question is the hardest and the easiest thing to understand. It depends on your goal. That's the
00:18answer, which never made any sense to me growing up when I would always ask people, what's the one
00:22thing I should invest in? And no one would give me a straight answer. And I would always be so
00:26upset. I'd be like, how could this be subjective? There can only ever be one best thing to buy.
00:31So just tell me what it is and I'll do it. But the real answer is it depends. The real answer is that
00:36if you want more and you want it quicker, the more risk you'll have to take. For example,
00:41if you want a Lambo by the age of 21, you're going to have to take a lot more risk in the markets than
00:47someone who wants a house by the time they're 30. Everyone will want different things at different
00:52times in life. And that's why it really depends. And not everyone will have your same risk
00:56tolerance.
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