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Investing Mistakes That Will Cost You Thousands - Don't Do These 7 Things
“What you don’t know will cost you—sometimes thousands.”
In this episode, Jaspreet shares the 7 most expensive investing mistakes he’s made, so you don’t have to repeat them. He walks through crucial lessons learned from his journey, emphasizing how even small errors can have massive financial consequences.
Key Takeaways:
1. Never blindly trust someone else’s advice without doing your own research.
2. Timing the market is nearly impossible, and missing key moments can cost you big.
3. Being cheap often leads to bigger, more expensive problems.
4. Diversification, when done wrong, can hurt more than help.
5. Emotional trading based on news will sabotage your long-term strategy.
6. Ignoring fees and taxes will quietly drain your returns.
7. Living off equity instead of income is a quick road to financial ruin.
Avoid these common pitfalls, protect your wealth, and keep more of your hard-earned money working for you.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
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➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
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➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
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View all episodes
By minoritymindset
5
169169 ratings
“What you don’t know will cost you—sometimes thousands.”
In this episode, Jaspreet shares the 7 most expensive investing mistakes he’s made, so you don’t have to repeat them. He walks through crucial lessons learned from his journey, emphasizing how even small errors can have massive financial consequences.
Key Takeaways:
1. Never blindly trust someone else’s advice without doing your own research.
2. Timing the market is nearly impossible, and missing key moments can cost you big.
3. Being cheap often leads to bigger, more expensive problems.
4. Diversification, when done wrong, can hurt more than help.
5. Emotional trading based on news will sabotage your long-term strategy.
6. Ignoring fees and taxes will quietly drain your returns.
7. Living off equity instead of income is a quick road to financial ruin.
Avoid these common pitfalls, protect your wealth, and keep more of your hard-earned money working for you.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
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