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By Vitaliy Katsenelson CFA
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| I was having lunch with a close friend of mine. He mentioned that he had accumulated a significant sum of money and did not know what to do with it. It was sitting in bonds, and inflation was eating its purchasing power at a very rapid rate. He is a dentist and had originally thought about expanding his business, but a shortage of labor and surging wages turned expanding into a risky and low-return investment. He complained that the stock market was extremely expensive. I agreed.* |
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CITE: https://www.r2library.com/Resource/Title/082610254
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Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Career Development, Experts Invited, Health Economics, Investing, Videos | Tagged: dentists, Investing, IRRs, real estate, Vitaliy Katsenelson |
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