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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!

Jun 10, 2021

The process of building wealth isn’t always easy, but sometimes investors make it harder than it needs to be. Some of the most expensive, progress-destroying mistakes investors make are entirely avoidable.

 

By adopting the right mindset about your portfolio, you avoid losing money, protect yourself and set yourself up for bigger opportunities. 

 

Why do we get in trouble when we start investing on emotion? What can we learn from seasoned and experienced investors and traders to fortify our wealth? 

 

In this episode, I’m going to talk about the biggest mistakes I see investors make over and over again, why they are dangerous, and how to do things differently.


Three Things You’ll Learn In This Episode 

 

How to protect your wealth by spreading the risk 

Investing too heavily in one stock is the fastest path to a huge loss. How do you avoid that risk? 

 

The importance of tweaking and course-correcting our plan

How often do we need to rebalance our portfolio if we want to set ourselves up for success?

 

Why we have to keep our emotions in check if we want to succeed

What mindsets and emotions will DEFINITELY lead to investing catastrophes even if we have the best intentions?