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Username: LuckyMan

Rating:
Guru Stars

Asked to: Chaoxiang Lee

Date Created: 30 Nov 2017
Category 17
Tag Financial
Question What is 'Take A Flier'?
Advice from Guru
Hi LuckyMan,

Take a flier is the slang term for a decision to invest in highly speculative investments.

When an investor is taking a flier, he or she is knowingly acquiring a high-risk, speculative instrument that may end up with them taking a bath.

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