19min chapter

Rich Habits Podcast cover image

Q&A: Tax-Free Income for Kids, Our Frugal Life Hacks, & Franchise Dos and Don'ts

Rich Habits Podcast

CHAPTER

Navigating Investment Risks

This chapter examines the risks of private money lending for early investors and advises on the importance of financial security before taking high-stakes risks. It emphasizes safer alternatives like covered call ETFs and REITs, while sharing personal stories of misguided investments. Listeners are encouraged to adopt a disciplined and strategic approach to wealth-building, focusing on long-term growth over impulsive, high-risk decisions.

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