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The Money School Podcast shares the secrets of the wealthy, so you learn how money really works and take back control of your life!

You'll hear the inside story of wealthy entrepreneurs and investors... breaking down how they got started, how they think about money, how they put money to work for them, and how you can change your life simply by doing ONE thing differently with the money you already have.

Through the podcast, you'll become your own bank - mastering how money really works - so you can use it to gain the upper hand and take command of your finances. After all, building wealth isn't about resources, it's about being resourceful. 

Hosted by Chris Naugle, former pro snowboarder turned real estate investor, serial entrepreneur, and money mentor, this podcast has one mission - to show you how money really works so you can reclaim control of your life!

Jul 16, 2020

On the surface, it appears that the market has bounced back, and that it’s safe to start investing again. But underneath this current of speculation, fake optimism and manipulation, there is a looming market low. 


People are pouring money back into the market, thinking it’s going to continue its upward trend, but that’s definitely not where things are heading. 


A market high that’s based on speculation, greed, fake news and hope will not hold, and investing in it is walking straight into a trap. 


The economy is still in a shaky place, job losses and bankruptcies are still prevalent, and we’re not out of the woods yet. Anyone speculating otherwise is in for a rude awakening. 


How do we read into today’s market so that we protect our wealth? What investments are actually traps that we need to avoid? What should we do with our money instead? In this episode, I talk about the perilous financial traps that have come out of this current covid market. 


Three Things You’ll Learn In This Episode 

- The economy is not as strong as it appears, what we’re seeing now are market highs fuelled by the fumes of speculation and greed, and not facts. Inevitably, this positivity bubble will burst. 


- If you lose your investment right now, you’re losing a lot more than you think. If you lose 40% you have to make up +67%, and if you lose 30% you need to make +43% back in order to reclaim your initial loss. This is the draw down effect. 


- Don’t trade if you don’t know what you’re doing and if you don’t have a plan, you will get hurt and taken advantage of by people with extensive investment knowledge.


Ready to become a Rebel Banker? Click here to learn more about Money School.