How to Lose Money

26: How to Lose Money by Investing in Oil and Gas with Jake Fouts


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Jake is first and foremost a husband and father of three and he lives about an hour south of the beautiful city of Seattle, in Washington State. He's gone through the traditional "go to school and get a good job" path and that worked out pretty well; allowing him to travel around the world managing high-end construction projects, primarily working and traveling to New York, Australia, Toronto, and Portland.

Jake was working in New York during 9-11. That caused a massive impact in his thinking...how can I make the biggest difference in peoples' lives? Always the action taker, he decided to become a fire fighter. A "job" that he still has today and will continue to do even though it's not financially necessary. Jake, along with his brother Brian, are the owners of The Elevation Group. The Elevation Group is a financial education company they acquired using the strategies they learned as members.

Their goal is to grow that business and get this wealth-building information into the hands of as many people as possible. They have significant experience in many real estate strategies and also manage a private investment fund they started 2 years ago.

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How to Lose MoneyBy Paul Moore and Josh Thomas

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