Why DroneShield crashed and how to protect yourself from the same mistakes!

Send us Fan MailWhy betting big on a single stock can backfireWhen a single stock skyrockets, it’s easy to get caught up in the hype. But what happens when it all comes crashing down? In this episode of The Winner’s Playbook, Josh and Steve break down the recent drama surrounding DroneShield, a company that surged from cents to dollars before plummeting to just a share. They unpack what really happened, including the timing of the CEO’s multimillion-dollar sell-off and a retracted company announcement that shook investor confidence.But this isn't just about one stock. Josh and Steve use this real-life case to dig into the risks of investing in individual shares, the red flags to watch for, and why diversification matters more than ever. They also share some of their own investing mistakes, from speculative gold stocks to a ski accident payout that disappeared faster than it came. You’ll walk away with honest insights and a few laughs that make these hard money lessons easier to digest.If you're holding a single stock and wondering whether to sell or hold, this episode will give you clarity, perspective, and a smarter way to think about your portfolioWant help building a diversified investment plan that actually suits your goals? Book a free 15-minute chat with a Link Wealth adviser through the show notes. No pressure, just a real conversation about what’s right for you.Nominate someone here: [https://ap1.hubs.ly/y0nNgF0]Get in touch with Steve:https://www.linkwealth.com.au/steve-sloane-linkhttps://www.tiktok.com/@stevesloanefinadviser----Want to find an Adviser that suits your financial needs:https://www.linkwealth.com.au/Get in touch with Josh: https://www.linkwealth.com.au/josh-lee-link Get in touch with Billy:https://www.linkwealth.com.au/billy-norman-linkJosh's TikTok:  https://www.tiktok.com/@joshleefinadv Billy's TikTok:  https://www.tiktok.com/@billynormanfp    Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/wealth-simplified   Our Financial Services + Credit Guide: https://www.linkwealth.com.au/financial-services-and-credit-guide ----    General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.