175: Sam’s Top 10 Biggest Investment Mistakes

 

Sam and Derek review some of Sam’s biggest investment mistakes and help you learn from his mistakes.


Where we are:

Sponsor:

  • Indeed
    Get indeed’s best offer anywhere for a $75 credit to boost your job post when you visit indeed.com/ILAB

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 06:06 – #10 Mt. Gox 
  • 10:37 – #9 Fazzle mega search engine
  • 15:52 – #8 101 and Mint Lounge
  • 21:36 – #7 Buying “the stock tip” from unqualified people
  • 26:32 – #6 Skywolf 
  • 32:06 – #5 Storing Gold in a Lock Box
  • 37:17 – #4 Buying RMB currency
  • 39:50 – #3 Don’t have too much trust in your financial advisor
  • 47:29 – #2 Stock options
  • 54:18 – #1 Selling at the bottom of the ‘08 crisis

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2021. All rights reserved. Read our disclaimer here.

 

Liked it? Take a second to support ILAB on Patreon!
Become a patron at Patreon!