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Podcast: Wealth Formula Podcast
Episode: 153: Should You Buy an Online Business?
Description: Sometimes in this "alternative investment" podcast world in which we live, I hear about great "investments" that are yielding 20 percent or more. On the surface, they sound great. In fact, the yield part might actually be real. However, because we are so ingrained in the "investment" world, we often fail to see an obvious distinction that may not be so obviously disclosed. You see, there is a difference between investing and buying (or starting) a business. A business is inherently riskier than investing in something like real estate. Why? Well, businesses tend to have a finite life to them and...