Andrew Stotz – 15 Risk Reduction Lessons from My Guests

15 Risk Reduction Lessons from My GuestsIn this episode, Andrew Stotz explains the 15 risk reduction lessons he has learned from his guests.Download the The Investor's Risk Reduction Checklist.1 Get the power of compounding working for you now, and don’t interrupt it.Dan Solomon from Ep434:&nbsp; The Time to Start Investing Is Now2 Do your own research before making any investment. Do not rely on others.Travis Watts from Ep381: Do Your Due Diligence and Keep Your Investment SimpleCurt Mercadante from Ep438: Not Every Home Is an InvestmentFurqan Aziz from Ep441: Validate Every Idea You Invest Time In3&nbsp;Have a rigorous thought process when evaluating investments, and stick to that process.Shashank Randev from Ep352: There Is No Surefire Formula to Venture Capital Investing4 Expect long-term returns of about 8% and consider that investments above that could be “too good to be true.”Pete Alexander from Ep284: Pete Alexander – If the Real Estate Deal Sounds Too Good to Be True, It Is5&nbsp;Build a network of experienced professionals who can give you input.Sarah Larbi from Ep177: Build a Network of Successful Role Models to Avoid this Real Estate Investing Mistake6 Always spend time considering the risk before investing.Furqan Aziz from Ep441: Validate Every Idea You Invest Time In7 Size your position according to your ability to handle a loss. If the risk is high, start small.Furqan Aziz from Ep441: Validate Every Idea You Invest Time InEric Rosenberg from Ep403: Start Investing by Making Regular Monthly ContributionsKittisak Kovintavewat from Ep432: Kittisak Kovintavewat – Be an Investor, Not a Speculator8 Consider the “unknowns” with any investment idea.Daniel Ramsey from Ep159: When Investing in Real Estate Take Your Time to Remove the Unknowns9 Invest in things that you can quickly exit. If you can’t, demand a very high return and deploy a small amount of your money.Pete Alexander from Ep284: Pete Alexander – If the Real Estate Deal Sounds Too Good to Be True, It Is10 Walk away from an investment as soon as you realize it’s not going to work.Furqan Aziz from Ep441: Validate Every Idea You Invest Time InShashank Randev from Ep352: There Is No Surefire Formula to Venture Capital Investing11 Remember that past success does not guarantee future success.Randy Mortensen from Ep444: Randy Mortensen – Past Success Doesn’t Guarantee Future Success12 When investing in a foreign country, consider the risks of both the asset and the currency.Santiago Iñiguez from Ep324: Sometimes Your Worst Investment Can Bring You the Most Joy13 Focus on company performance, not only stock price.Kittisak Kovintavewat from Ep432: Kittisak Kovintavewat – Be an Investor, Not a Speculator14 Invest in good quality companies rather than betting on poor companies turning around.Kittisak Kovintavewat from Ep432: Kittisak Kovintavewat – Be an Investor, Not a Speculator15 Expect that some of your investment ideas will fail; not every stock you pick will be a winner.Eric Rosenberg from Ep403: Start Investing by Making Regular Monthly Contributions&nbsp;Andrew’s books<a href="https://amzn.to/3qrfHjX" rel="noopener...