Comments by "SmallSpoonBrigade" (@SmallSpoonBrigade) on "Personal Finance YouTubers Have Bigger Problems Than Just FTX" video.

A good rule to live by is that the more the returns of a business opportunity improve on the normal return for a similar business, the more speculative it is. That's not to say that it's something that you shouldn't ever put your money into, but realize that the bigger the gap the more risk you're taking on, either that it fails or that it's an outright scam. It's also worth realizing that if you put away a few bucks every paycheck into a conservative set of index funds, bonds and REITs, you can do very well for yourself over the course of many years with relatively little risk. The risk comes from putting it all into a smaller number of businesses and from not being in the market long enough.
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