The Comprehensive Guide to

Passive Income Investing

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Learn the secrets of how Paul Tracy generates over $XXX,XXX per month in passive income!

How to Become Financially Independent Through Passive Income Investing

What is Take a Flier?

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

How Does Take a Flier Work?

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 Does Take a Flier Matter?

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.

Ask an Expert about Take a Flier

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Paul Tracy
Paul Tracy

Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 3 million monthly readers.