Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Take a Flier

What it is:

To take a flier means to invest in a highly risky asset or to try for the first time.

How it works (Example):

John Doe starts his own business. He looks for angel investors to give him seed capital. One day, he meets Jane Smith, who decides to take a flier on John's business by investing $50,000.

Why it Matters:

When an investor takes a flier, he or she takes a big risk. Sometimes that risk pays off; sometimes it doesn't. However, the willingness to take a flier is what turns ideas into reality -- and profit.