The BIGGEST Mistake Investors Make When Buying Cash Flows

In 1996 I was in the room with some of the brightest investors of our time. They batted around terms and strategies that left my head spinning and my hand sore from writing down as many notes as possible. I distinctly remember, just before ending the day, someone (not me) made a comment that brought everything to an abrupt halt. “If I buy a note that pays for 10 years at 12%, I don’t have to worry about investing again for another 10 years.” What got me was the number of people that … [Read more...]