The Only Things You Can Lose When Investing

When I was five, I wandered into the ocean surf with my wallet in my bathing suit pocket. That Velcro wallet contained my life savings, two twenty-dollar bills. After tossing around in the waves with my father for some time, I slowly realized I had lost my wallet. I say “slowly realized” because as a five-year old I did not readily accept that my wallet was lost. I insisted on searching the ocean. I was going to find wallet. My father kindly played along. We searched for an eternity comprised of what was surely no more than ten minutes.

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