Three Most Common Mistakes Before Investing (Episode 188)

Updated: March 6, 2024

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What you’ll hear in this episode:

Investing is a rewarding endeavor and necessary to achieve financial freedom, but it’s not without its pitfalls.

In this episode, we uncover the three most common mistakes that you might commit even before you start investing:

  1. Investing without a SWAN fund.
  2. Investing without an objective.
  3. Investing only for capital gains.

Highlights and Excerpts

Secure financial protection first.

Having a SMART goal will help you determine the most optimal type of investment that you should get into.

Consider assets that provide regular cash flow, such as businesses, rental properties, and even dividend-paying stocks.

Invest in knowledge and skills that will help you earn more.

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