Outright vs Pooled Ownership
Outright Ownership: You will buy shares of individual companies directly. To do this right requires a certain level of knowledge.
Pooled Ownership: You mix your money with other people and buy ownership in a number of companies through a shared structure or entity. The downside is a near-total loss of control.
"You have to go broke three times to learn how to make a living." ~ Casey Stengel
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