Round Table | Why I Don't Invest in These Anymore
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Investing can seem scary and intimidating, especially to first-time investors. After all, how can you even be sure if that's the way to build wealth? What if you lose your hard-earned money? Not all deals are a sure win. You might lose money on some, but the important thing is you have a reliable financial coach who can help you identify the best and worst places to put your money into.
If you want to discover the three key things you need to know before investing, tune in and learn from Russ, Joey, and the financial freedom coaches as they talk about the following:
- Investing in things we have knowledge of
- Investing in something where we have options
- Invest in things with controlled downside risk protection
And more!
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https://go.wealthwithoutwallstreet.com/pios
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https://go.wealthwithoutwallstreet.com/quiz
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https://www.wealthwithoutwallstreet.com/club200
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https://www.ponzitracker.com/
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Join here: http://wealthwithoutwallstreet.com/inner-circle
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00:00 - Intro
01:02 - What is the topic today? What are we breaking out, and why is it important?
05:10 - Why is it so important to talk about the things we don't invest in anymore?
07:38 - What happens when you blow a fire?
07:46 - They've been blowing on the fire to slow the economy down by doing what?
08:03 - Do you know what has not gone up at the same rate?
11:04 - When you think knowledge of, what is one of those big points that you need to make sure you do so you don't make that mistake again?
20:50 - What's one option that must be in a deal for you to get involved so that you don't make that mistake you made in the past?
22:41 - If your passive income comes into chunks every nine months, can you really leave your 9 to 5 for that kind of cash flow? When it's so chunky like that, can you actually leave and feel good about the future?
28:23 - What are some of those things we need to make sure we add on so that we don't make some of the mistakes we've had in the past?
30:15 - How can you control your downside? What scenario do you know that can add value to someone listening based on your experience?
36:55 - Do you know the deal?
37:04 - Do you know the operators within that mutual fund?
37:09 - Is it producing cash flow today?
37:12 - Is it providing a tax benefit?
37:39 - Can we think of anything worse to put your money in?
🎧 Listen Now to the full episode here 👉
https://www.wealthwithoutwallstreet.com/podcast/round-table-why-i-dont-invest-in-these-anymore
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