2812: One Big Expensive Investing Mistake to Avoid by Jay Delaworth on Building Wealth
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2812:\nJay Delaworth highlights the critical mistake of not having an exit strategy in investing. He emphasizes that without a plan for when to sell, investors risk making emotional decisions that can significantly damage their financial future. Understanding and establishing clear rules for selling can prevent costly errors and ensure more stable investment outcomes.\nRead along with the original article(s) here: https://moneyminiblog.com/investing/expensive-mistake\nQuotes to ponder:\n"Just because your friend, colleague or favorite uncle is making an investment, doesn\u2019t mean it\u2019s a good one!"\n"Without a logical and well-thought out exit strategy, you open yourself up to huge risk."\n"In my experience, the biggest losses come from betting on a specific stock or company and riding it all the way to zero."\nLearn more about your ad choices. Visit megaphone.fm/adchoices