Ask Daphne! For investment advice?

A long but great question this morning from Hortense the Prepared (Yet Confused). Hortense writes, “I’m a writer who likes to be prepared for the worst-case scenario, the best-case scenario, and as many scenarios in between as is possible. So, I find it a bit frustrating at times that I cannot see, analyze, and plan for every detail of what happens after a writer sells his or her first book. This all leads up to my new favorite question for authors: What would you consider good investments for part or all of your first advance?”

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