The Really Rich Podcast with Nicholas Crown
Business:Entrepreneurship
Let’s explore the WORST errors that even the most seasoned investors can fall victim to. We delve into a range of damaging financial blunders such as misunderstanding the basics of investing, sinking money into a friend's business, or getting swept up in the trend of the moment. We discuss the importance of understanding your own financial capacity and the detrimental effect of investing without a well-researched, long-term strategy. Furthermore, we shed light on beneficial investment avenues, such as auto investing in index funds and the potential of equity-indexed annuities. This comprehensive guide is aimed at making sure your investments work for you and safeguarding a comfortable future, even when you retire or decide to stop working.
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(If you missed the last episode, check it out HERE)
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