Worth It

71: Pitfalls Series: When You Invest in the Wrong Arena

Informações:

Sinopsis

In this new 3-part series, we’re talking all about pitfalls in investing. Whether you’re investing in actual investments, in a team for your business, or not investing in yourself, there are a number of “uh-oh’s” we all encounter at some point. But Dustin and Danielle are hoping to raise some awareness of these pitfalls so that Worth It listeners don’t have to encounter them. In this first part of the series, Dustin and Danielle are talking about the pitfalls of investing in the wrong arena. WHAT YOU’LL LEARN 02:16 Why you’re losing money if you’re just saving 02:47 The reason real estate is a big pitfall 03:54 Danielle’s horror story about a “property management” company 10:20 Why making money leads to fear 10:33 All about the “sharks” that come out when you start making money 11:25 The pitfalls of private equity 11:58 The hubris that sometimes comes with being successful in business 12:53 The similarities between Monopoly and real life 14:23 The real definition of speculation 16:29 Other ways you can contri