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Should You “Take Some Money Off The Table?”
By reinvestor on May 15, 2017
One of my investing pet peeves is the phrase “take some money off the table.” Perhaps the reason why is the blatant reference to gambling. At a casino in Las Vegas, it wouldn’t be unusual for a gambler who has had a recent streak of luck to “take some money off the table” and just play with “house money.” If he takes off what he brought to the table, his worst case scenario is going home without any losses. Not a bad outcome in a place where the odds are always against you.
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