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Episode 3320:
ESI pulls back the curtain on his biggest financial missteps, from reckless early spending to investing in high-fee mutual funds and getting burned by an uninsured bank. With hard-earned humility and clear-eyed reflection, he shows that even serious money mistakes can still lead to long-term success, offering listeners a reassuring reminder that it’s never too late to turn things around.
Read along with the original article(s) here: https://esimoney.com/my-worst-money-mistakes/
Quotes to ponder:
"I had no budget and absolutely no savings. I was making a fortune after all, why did I need to save?"
"If I had loosened up a bit and been willing to accept properties with a 9% return, I’d probably have twice as many properties as I do now."
Episode references:
Beating the Street: https://www.amazon.com/Beating-Street-Peter-Lynch/dp/0671891634
Vanguard Index Funds: https://investor.vanguard.com/investment-products/mutual-funds
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