How I Lost HALF A MILLION Investing (And Why Mistakes Are Normal in Wealth Building)

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In this episode, we talk about the invaluable lessons I learned from a staggering $500,000 loss and how it can guide you to invest SMARTER and manage RISK better.

We also discuss why “failing forward” is a necessary component in the wealth-building journey, the main reason inaction can be costlier than making mistakes, and debunk the myth that successful investors always get it right.

Enjoy the episode!


0:00 – Intro

1:11 – Mistakes in Wealth Building and Investing

3:31 – Investing Mistakes and Lessons Learned

8:28 – Investing, Loss, and Personal Growth

13:19 – Investing, Resilience, and Emotional Intelligence

18:06 – Financial Loss and Resilience in Investing

12:40 – Outro

Building wealth is a goal for many, but the journey often involves various challenges and setbacks. 

While success stories inspire us, the untold narratives of mistakes and failures contain invaluable lessons. 

In this article, we’ll delve into the complexities of investment mistakes and why acknowledging them can be crucial for your long-term success. 

The Misconception of Perfection

One of the greatest myths about successful people is that they never make mistakes. The reality is far from it. 

Every accomplished investor has, at some point, faced setbacks. 

Many budding investors live under the fear of making mistakes, primarily driven by the societal pressure of always “getting it right.” 

This fear often can act as a roadblock.

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