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Optimal Finance Daily - Financial Independence and Money Advice

1515: Risk Gets the Reward by Chris Reining on Investing Money For Your Risk Profile

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 3 May 2021

⏱️ 8 minutes

🧾️ Download transcript

Summary

Chris Reining talks about the value of risky investments. Episode 1515: Risk Gets the Reward by Chris Reining on Investing Money For Your Risk Profile Chris Reining is an investor, writer, and avid student of life. He shares how to build wealth and reach financial freedom on his website ChrisReining.com. The original post is located here: https://chrisreining.com/risk-reward/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily Episode 1515.

0:04.2

Risk gets the reward by Chris Rining of ChrisRining.com

0:09.2

and I'm your host and personal finance enthusiast, Diana Mariam.

0:13.6

This is the show where I serenade you with the sweet sounds of personal finance knowledge

0:18.0

from some of the best blogs on the planet, with the author's permission, of course.

0:22.6

Are you loving Optimal Finance Daily?

0:25.1

Why not share with a friend today?

0:26.9

Invite them to join the party by sending them a link to OLDpodcast.com

0:32.1

and while they're there, they can check out our five other shows on topics like personal development, health, and relationships.

0:39.0

But for now, let's get right to today's post as we optimize your life.

0:47.4

Risk gets the reward by ChrisRining of ChrisRining.com.

0:53.2

As a kid in the 80s and 90s, I remember begging my parents to buy VHS copies of Terminator and Predator

1:00.7

who didn't love Arnold Schwarzenegger.

1:03.6

It's easy to forget, he got to start bodybuilding.

1:06.6

That it was only after winning seven Mr. Olympia titles he wanted to be an actor

1:12.2

and it was only after becoming a bonafide action film superstar he wanted to be governor.

1:18.2

I'm thinking nobody has three huge careers because it's the safe path through life.

1:23.8

And so he must have a very high risk tolerance.

1:27.4

This can only be learned through trial and error.

1:30.8

It was a little surprising to discover he's a long time investor.

1:35.1

From Tools of Titans, quote,

1:37.8

I felt if I was smart with real estate and took my little money that I made in bodybuilding and

...

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