My Worst Investment Ever Podcast

Jimmy Milliron - Lessons From Love, Money, and Missed Opportunities


Listen Later

BIO: James “Jimmy” Milliron is Co-Founder & President of National Brokerage Atlantic, specializing in Wealth Enhancement, Estate Planning, and Asset Protection.

STORY: Jimmy wanted to invest $100,000 in Bitcoin, but when he couldn’t find an easy way to do it, he bought a car instead.

LEARNING: Research and learn all you can about investment opportunities before investing.

 

“Don’t be afraid to pick up the phone and make a few calls. There’s nothing like picking up the phone and talking to a real person on the other end instead of just texting them.”Jimmy Milliron

 

Guest profile

James “Jimmy” Milliron is Co-Founder & President of National Brokerage Atlantic, specializing in Wealth Enhancement, Estate Planning, and Asset Protection. An insurance veteran, he previously served as Executive Vice President at NexTier Bank, building a $400 million premium finance portfolio. He holds a BA from VMI and various securities and insurance licenses.

Worst investment ever

Jimmy’s worst investment is a mix between marrying a second wife and buying a car in 2016. He invested many resources in his second marriage, but it did not last that long.

When Jimmy married his second ex-wife, he wanted to invest about $100,000 in Bitcoin. But he was busy and did not have time to research and learn more about Bitcoin. When Jimmy could not find an easy way to do it, he purchased a car instead with that cash.

Lessons learned
  • Go the extra mile in research and learning about investment opportunities before investing.
  • Consider all the investment options available.

Actionable advice

If you’re young, seek advice from a mentor or your parents about what they would do instead of arbitrarily investing in a make-me-feel-good investment. Their guidance can be invaluable in navigating the complex world of investments.

Jimmy’s recommendations

Jimmy recommends reading Donald Trump’s Art of the Deal as a valuable resource for negotiation and decision-making.

No.1 goal for the next 12 months

Jimmy’s number one goal for the next 12 months is losing weight.

Parting words

 

“Thank you very much. Andrew and I wish everyone well.”Jimmy Milliron

 

[spp-transcript]

 

Connect with Jimmy Milliron
  • LinkedIn
  • Website

Andrew’s books
  • How to Start Building Your Wealth Investing in the Stock Market
  • My Worst Investment Ever
  • 9 Valuation Mistakes and How to Avoid Them
  • Transform Your Business with Dr.Deming’s 14 Points

Andrew’s online programs
  • Valuation Master Class
  • The Become a Better Investor Community
  • How to Start Building Your Wealth Investing in the Stock Market
  • Finance Made Ridiculously Simple
  • FVMR Investing: Quantamental Investing Across the World
  • Become a Great Presenter and Increase Your Influence
  • Transform Your Business with Dr. Deming’s 14 Points
  • Achieve Your Goals

Connect with Andrew Stotz:
  • astotz.com
  • LinkedIn
  • Facebook
  • Instagram
  • Threads
  • X
  • YouTube
  • My Worst Investment Ever Podcast

...more
View all episodesView all episodes
Download on the App Store

My Worst Investment Ever PodcastBy Andrew Stotz

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

62 ratings


More shows like My Worst Investment Ever Podcast

View all
Money Tree Investing by Money Tree Investing Podcast

Money Tree Investing

658 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

924 Listeners

Grant’s Current Yield Podcast by Grant's Interest Rate Observer

Grant’s Current Yield Podcast

664 Listeners

The Investing for Beginners Podcast - Your Path to Financial Freedom by By Andrew Sather and Dave Ahern | Stock Market Guide to Buying Stocks like

The Investing for Beginners Podcast - Your Path to Financial Freedom

1,409 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

The Rational Reminder Podcast

442 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

585 Listeners

Investing With IBD by Investor's Business Daily

Investing With IBD

380 Listeners

The Long View by Morningstar

The Long View

882 Listeners

Excess Returns by Excess Returns

Excess Returns

66 Listeners

Risk Parity Radio by Frank Vasquez

Risk Parity Radio

249 Listeners

Ask The Compound by The Compound

Ask The Compound

313 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

371 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

130 Listeners

The Morgan Housel Podcast by Morgan Housel

The Morgan Housel Podcast

975 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

34 Listeners