The key to getting really rich, really quickly

[Bill Bonner’s Diary]( Emma’s Note: Emma Walsh here, managing editor with Rogue Economics. How would you feel about betting $100 to make $1,000, $10,000, $100,000, or even more? Our colleague Teeka Tiwari calls it asymmetric risk investing. And he says it is the key to getting really rich, really quick – without the risk. Twenty years ago, Teeka learned the hard way that it’s not wise to focus your investments on high-risk, high-reward plays. He lost everything in less than a month. He used asymmetric risk investing – and the sage advice that he relays below – to rebuild his wealth. Using this strategy, he came up with a way to both play it safe and build life-changing wealth at the same time. Read on below for all the details… --------------------------------------------------------------- The Key to Getting Really Rich, Really Quickly By Teeka Tiwari, Editor, Palm Beach Daily [Teeka Tiwari] It can’t end like this… I made my first big haul in the early 1990s, buying beaten-down junk bonds. I was 19, and before the year was out, my junk bond play would make me over $250,000. That’s about half a million dollars in today’s money. The year before, I had made just $8,000. That began a wild ride that had me making $54,000 in one day by the time I was 22. When the mid-1990s rolled around, I was making money hand-over-fist in technology stocks. I was young and making a fortune. I would love to tell you I embraced my success with calm and sober-minded maturity. I didn’t. I let the money make me an arrogant jackass. And by late 1998, I’d lost it all. You see, I made a terrible mistake… Instead of taking small bets on high-risk, high-reward ideas, I was taking massive stakes. By the time the 1997 Asian financial crisis rolled around, I’d built up a substantial portfolio. But I stuck around too long and got too greedy. And when the market went against me, I made bigger and riskier bets. I lost all perspective and was investing for my ego, not my bank account. [Featured: New Investment “Craze” Hits All 50 States]( Within three weeks, I lost everything I’d made and more. I went from wealthy to poor in less than a month. And ultimately, I was compelled to file for personal bankruptcy. I was mentally destroyed… My wife and I separated. I ended up renting a room from a friend in Queens… living on a wafer-thin mattress for nearly a year-and-a-half. It was rough… I remember one day sitting in this tiny room on that tiny mattress and saying, “You know what, my story can’t end like this. It can’t end like this.” And at that moment, I started thinking about where I had gone wrong… what I should have done differently… and how I could make my life better. Recommended Link [What is Trump Doing in the Middle of the Atlantic?]( [image]( Reports state he’s bought an entrenched complex in foreign territory… But he’s not alone. Something “strange” is happening behind the scenes in America. And it threatens us all. [Click here to learn more.]( -- How I Got Rich Again I lost my career, my family, my self-respect, and for a brief moment, I even lost my will to live. It was a dark time in my life. There were many lessons, but my biggest investment lesson was I could not build all my investments solely on high-risk, high-reward plays. I had to create multiple streams of safe income, so I’d always have a pool of self-sustaining assets from which to build wealth. Here’s how that helped me get rich again… After my bankruptcy, I started rebuilding my net worth. I worked like the devil was on my back. I took every available penny and invested it into safe, income-generating assets. I then took the income generated from my safe investments and put it into well-researched high-risk, high-reward plays. This approach magnified my wealth very quickly. The best part was I was getting wealthier without putting my current lifestyle at risk. [Featured: Biden, Elites Set to Roll Out Elites’ “Great Reset” of America]( It’s a strategy called asymmetric risk investing. Think of it this way: Symmetrical risk is where you bet $100 to make as much as $200 – at most, a 100% return… Asymmetric risk is where you bet $100 to make $1,000, $10,000, $100,000, or even more. This type of investing allows you to take small amounts of money and greatly amplify them. And when you position-size correctly, the potential gain far outweighs the risk. A recent example of this is when I made $75,000 from a $700 investment back in 2017. Another investment of just $1,000 helped me make as much as $1.2 million. Even though you’re only risking a small sum, the key lesson to remember is that you can’t build your whole portfolio on ideas like this… those types of investments can still go to zero from time to time. That’s why I only make asymmetric bets with the income from my safe investments… So, if those risky asymmetric bets fail, 100% of that money gets replenished next year with the dividends and interest from my safe money. This is the key to getting really rich, really quick, without ever blowing yourself up… Recommended Link [Silicon Valley Insider Issues Urgent New Tech Investment Briefing]( [image]( This Is Your Opportunity To Share In $1 Billion Of Tech Stock Profits… [Click here to see the full details.]( -- How to Start Building Your Wealth Now To truly build long-lasting wealth, you need to generate multiple, reliable streams of income. Then you can fund your higher-paying, riskier strategies – without risking your financial health. Here are the steps I recommend you take: - Focus on increasing your ability to earn more money by improving your work ethic and work skills. - Choose to live well below your means so you can save over 60% of your monthly income… This may sound difficult, but it is possible. - Put no more than 5% of your liquid net worth into asymmetric investments. (If you’re 30 or younger, you can bump this up to as much as 20%.) - Put the rest of your money into conservative, income-producing investments and strategies. - Reinvest a portion of your safe income back into well-researched asymmetric investments. - Repeat until you’re rich. Recommended Link [WARNING: New Rule to Impact 1,200 Banks in America]( [image]( Please take one minute to [review this URGENT letter from the Office of the Comptroller of the Currency (OCC)](. The OCC is the agency that regulates about 1,200 banks in the U.S. And it just issued a letter announcing a major change to our banking system that could impact 234 million Americans. If you have any money in the bank… [Please click here right now and see how this could impact you]( -- The Biggest Asymmetric Opportunity of a Lifetime The reason I’m telling you my story now is because I’m about to unveil the most exclusive asymmetric opportunity I’ve ever found. It’s the type of investment idea that you wait your entire life for. Many readers will know that I’ve used my life lessons to find asymmetric ideas in the crypto market… And many of my subscribers have become millionaires following my recommendations. Now, I’ve found what could be the biggest of them all… I call it the “[Super Halving]( I don’t have space here to dive into the Super Halving. But let me share this… Readers who followed my advice and positioned themselves before the 2016 bitcoin halving had the chance to make gains as high as 14,619% and 26,977%. Those who positioned themselves before the 2020 bitcoin halving saw my recommendations soar as high as 2,950% and 5,121%. And a basket of altcoins I recommended last November before their own internal halvings have delivered average gains of over 1,000%. Friends, these are the types of asymmetric ideas that can turn $500 into $135,385… or $1,000 into $270,770 – without putting your current lifestyle at risk. (It’s also the same type of strategy I used to rebuild my own wealth.) That’s why on Wednesday, I revealed exactly what this catalyst is during my [Super Halving Summit](. During this event, I told the almost 21,000 people that tuned in how to access six crypto-themed investments I’ve never discussed before… If I’m right, we’re about to see the amount of new bitcoin in circulation disappear. And the kinds of gains we’ve made before will happen on a much bigger scale. If you watch the news, you haven’t heard a word about this. The mainstream financial media is clueless… They have no idea what’s really going on in this space. But I’ll fill you in on all the details. [We are making the replay of this event available for a limited time](. It is free to attend. So, if you want to learn more about the best asymmetric idea I’ve ever come across in the crypto market… [click here now](. Let the Game Come to You! [signature] Teeka Tiwari Editor, Palm Beach Daily --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=A chance to double your money… every two weeks?). --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. 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