Main Street Business #599 Top 10 Due Diligence List: How Smart Investors Protect Their Money
Nov 6, 2025
Recorded live, the hosts dive into essential due diligence tips for investors. They emphasize the importance of understanding investments and demanding documentation to avoid scams. Legal pitfalls with commissions and the value of securing notes are discussed. Real horror stories highlight the dangers of pressure tactics. Strategies like using CRUTs for crypto gains and maximizing Solo 401(k) options provide critical insights. The key takeaway? Learning to say "no" can be your best investment strategy.
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Episode notes
Only Invest In What You Understand
- If you don't understand an investment, don't put money into it.
- Ask how your funds will be used and insist the answers appear in the documents.
Rancher’s Anti-Hype Rule
- Mark shares rancher wisdom: 'I don't buy hype, I sell it.'
- That mindset protects investors from emotional herd behavior.
Always Get It In Writing
- Demand written documentation and formal contracts before you invest or sell.
- Pay for proper legal work rather than relying on informal notes or emails.
