23/06/2024
Dumb Things
Smart People
Do with their Money
#1 - Investments they don't understand
e.g.
- gold
- reverse mortgage
- crypto
#2 - Listening to the wrong people about money.
#3 - Getting too attached with money. Respect money but don't make your life all about money
#4 - Taking in too much debt.
#5 - Sometimes it is wiser to rent than buy. Use your money somewhere else.
#6 - You fail to protect your identity. Understand identity theft. Don't post everything online.
#7 - You take on too much risk.
#8 - You indulge too much. The "i deserve this mindset".
#9 - Relying on your kids too much for your future.
#10 - You did not plan how to take care of your aging parents.
#11 - You do not have insurance. Life Insurance, Health Insurance. General Insurance. Fire Insurance.
#12 - You do not have a Will and Testament.
#13 - You think you are smarter than the market. You think you can time the market.
Nobody is smarter than the market. Nobody.
If you want to discuss about your financial plans and goals.
Lets sit down for a discovery meeting.
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