How do you decide where to invest your money? Do you perform due diligence? When making investment decisions, it is important to take responsibility and not just surrender the decision-making process to someone else. As much as possible, you should put your money in a vehicle you have personally vetted or risk losing millions in a bad deal.
In today’s conversation, Russ, Joey, and the Wealth Without Wall Street financial freedom coaches discuss their experiences on the following lessons from investing failures.
- Trust but verify.
- Liars figure, and figures lie.
- It's very important to know the operator when entering into investment syndications.
And more!
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
Trust by Dr. Henry Cloud:
https://www.amazon.com/Trust-Knowing-When-Withhold-Broken/dp/1546003371
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Turn Active Income Into Passive Income:
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https://go.wealthwithoutwallstreet.com/quiz
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https://www.wealthwithoutwallstreet.com/club200
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