The process of building wealth isn’t always easy, but sometimes investors make it harder than it needs to be. Some of the most expensive, progress-destroying mistakes investors make are entirely avoidable.
By adopting the right mindset about your portfolio, you avoid losing money, protect yourself and set yourself up for bigger opportunities.
Why do we get in trouble when we start investing on emotion? What can we learn from seasoned and experienced investors and traders to fortify our wealth?
In this episode, I’m going to talk about the biggest mistakes I see investors make over and over again, why they are dangerous, and how to do things differently.
Watch the Full Episode:
Make sure you have an adequate diversification strategy in your investment portfolio.
– Chris Naugle
Three Things You’ll Learn In This Episode
How to protect your wealth by spreading the risk
Investing too heavily in one stock is the fastest path to a huge loss. How do you avoid that risk?
The importance of tweaking and course-correcting our plan
How often do we need to rebalance our portfolio if we want to set ourselves up for success?
Why we have to keep our emotions in check if we want to succeed
What mindsets and emotions will DEFINITELY lead to investing catastrophes even if we have the best intentions?
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FREE LIVE Event – Learn everything about how money works in real estate in this content-packed 2 hour session! Click here to reserve your tickets: https://moneyschoolrei.com/freeevent
Get Your FREE Copy Of The Private Money Guide: https://moneyschoolrei.com/book
Learn more about The Wealth-Generating Secrets Of The Rich, visit http://moneyschoolrei.com/masterclass.
To access the video explaining The Money Multiplier Method, visit https://themoneymultiplier.com/, scroll to the bottom of the home page, click Member Area and enter the password bankwithbrett.
