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Re:Ask HN: What was your worst personal financial mistake? by muzani on Wednesday January 02, 2019 @05:21PM (#18810882)
Investing about $5k into starting a cafe. Low risk businesses are actually surprisingly high risk in that the margins are really poor, sometimes even negative once you count inflation.

Also heavily underestimated inflation of developing countries - if it has high growth, it probably has high inflation. In SE Asia, prices will double every 15 years, if not faster.

If you know tech, invest in tech, because your odds are likely above average.

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