Buying stupid stuff is a sure way to kill money.
Dying without a life insurance policy isn’t very smart either.
…Neither is doing anything that, if it goes wrong, could ruin you emotionally or financially.
You should always try to avoid a “mortality event” of your confidence, your resources, and yes, your life.
That is why I am a huge fan of the S&P 500 Index (SPY), a fat term-life insurance policy, and only investing (Money, Time, People) what I can afford to lose.
It takes a long time to amass wealth, knowledge, and valuable experiences.
Take massive action daily.
And always avoid a “mortality event”.