Welcome to the Investing for Beginners podcast. In today's show, we discuss:
· How to spot Value Traps and some of the characteristics of companies that might become a value trap.
· Companies who become value traps because they are cheap, and why those types are dangerous.
· Several examples of value traps are Circuit City and Goodyear Tire
· What are some metrics and different items on the financials to look for to avoid value traps
Today's show is sponsored by:
My First Million Podcast
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The Investing for Beginners Podcast - Your Path to Financial Freedom