Avoiding Investing Mistakes

from The Cash Flow Academy Show · host The Rich Dad Media Network

Andy & Cory highlight the importance of thoughtful exits, emphasizing that mistakes often occur during exits rather than entries. They discuss the significance of holding investments long-term and the risk associated with emotional decisions. They also touch on position sizing, the dangers of confusing awareness with proficiency, and the impact of temperament on investing. Both agree that mistakes are inevitable, but learning from them is crucial, and they stress the value of taking action and avoiding the fear of making mistakes.

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This episode is 36 minutes long.

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This episode was published on February 7, 2024.

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