Category: The Wealthy Idiots Show
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I made the most newbie investing mistake and lost THOUSANDS OF DOLLARS!!!
AJ describes the time he began investing and immediately lost thousands of dollars. It’s easy to get scared and pull your money out when you see the markets drop. Watch to the end to see why it’s important to hold steady and keep buying when things look bad.
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Get rich quick schemes | The most common scams that will prevent you from becoming wealthy
Get rich schemes are designed to separate you from your money. In this episode, AJ covers a variety of methods used to make you believe you can be rich quickly. They pray on people drive to be wealthy and take everything they can from you. AJ goes over the lottery, multi-level marketing, fake Gurus/influencers and…
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This one factor makes compound interest crazy powerful | See how much $1,000 can become!
It’s important to invest your money into something that will beat inflation and ultimately make you wealthy! In this episode, AJ covers a variety of investment options, explains inflation and demonstrates the power of COMPOUND INTEREST over time. He uses the https://wealthyidiots.com website to show COMPOUND INTEREST over time. Check it out and see for…
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Find out the mind set needed to start your retirement journey!!
AJ goes over simple math that we all should learned to be financially literal. These ideas are the beginning of understanding saving money and working to have a wealthy future. AJ used to think that you had to save way too much money to have a simple retirement. After some simple concepts, he breaks it…