Updated: July 24, 2022
Listen to this episode:
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What you’ll hear in this episode:
I’ve often been asked what’s the best investment, but have you ever asked yourself, what’s the worst investment?
In this episode, you’ll hear me answer this question in two ways.
The first is a more specific answer, which is investing in high-returns and low-risk investments.
The second is a more general reply, which is the most common reason I see why people lose money in an investment.
Interested to learn more details about these? Then listen to this episode.
Excerpts and Highlights:
“The one thing I will tell you is… the worst investment you can have is cash. Everybody is talking about cash being king and all that sort of thing. Cash is going to become worthless over time… Cash is a bad investment over time.” –Warren Buffett
More often than not, it’s our emotions, our greed and our fear, that causes us to make mistakes in our investing.
A real estate investment is also a real estate business that needs proper planning.
“An investment in knowledge pays the best interest.” –Benjamin Franklin
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