Sometimes, the old saying goes, you gotta pull the bat back and swing for the fences.
After all, “ya gotta take chances.” Babe Ruth not only hit the most home runs but also struck out more than most people who played the game.
The inference is that you can risk it all on mammoth swings and settle for an all-or-nothing outcome.
It is a great saying, but it is a complete load of garbage.
In baseball, and in investing. Let me explain with an example of a stock offering huge upside and little downside…
This post appeared at Dynamic Wealth Report.