Losing money sucks. We’ve had some investments go south and lost money, but the lessons shouldn’t be ours alone.
Jim Wang from WalletHacks joins us in a live performance of the Money Tree Investing Podcast at FinCon17, Dallas. Along with Joe and Miranda, they share their worst investments and purchases they regretted the most.
Joe’s mom’s neighbor Doug also sits in to share how his most recent investment didn’t produce the expected ROI he was hoping for. Pay close attention to the wisdom we impart on this episode.
Today’s episode is sponsored by BUZZ Index
Today’s guest, Jim Wang:
Jim Wang is a thirty-something father of two who has been featured in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.
In the beginning, he built a personal finance-focused website, Bargaineering (now TheCashlorette), from a side hobby to a full-time income — which he was eventually sold for a nice sum in less than five years.
Now he shares philosophies, strategies, and the methods he used to become – and remain – financially independent and free to pursue what is important.
For a quick bio of each of our show participants, head on over to our panelists’ page.
About our sponsor, BUZZ Index
Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips…. even if you personally don’t use social media! The BUZZ Index, licensed to an exchange-traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large-cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered – and if you ARE online, you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month!
Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.
Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.
Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.