InvestED Ep. 150 - A Checklist of Expensive Errors [Invested Giveaway Gifts]

This is the episode you all don’t want to miss - we are announcing our Invested pre-order giveaway and prizes! We will also go over some of the most expensive errors you can make as an investor. Don’t miss this one, folks!

In Episode 150 You’ll Learn:

• Announcing the Invested Gifts & Contest for Pre Orders

  • First Prize: $1,000 to Invest + A Full Ride to Phil’s 3-Day Workshop w/ A Guest (Airfare and Hotel Included)!

  • Exclusive Facebook Group - Danielle & Phil will answer your questions and air early podcasts!

  • Get Your Hands on the Foreword by Phil and Introduction by Danielle from Invested, Early!

  • E-Book: 5 Steps to Start on Your Investing Practice & Reach Your Financial Freedom

  • Wallpaper/Screensaver  - 12 Months of Your Investing Practice

  • Exclusive Webinar - Secrets of Surviving a Market Crash - Airing in April

  • Contest & Pre-Order Prizes -  investedbook.com

• Efficient Market Hypothesis

  • The efficient market hypothesis is a theory that states it is impossible to "beat the market" because stock market efficiency causes existing share prices to always incorporate and reflect all relevant information.

  • We argue that there is not enough time to get an accurate picture of value on such a short-term basis, we need to think in terms of years - not weeks.

• Inverting the Story

  • So you think you found a great company, and it’s on sale? Great! Now subject your story to rigorous critique and question everything you have already decided about the company.

  • The biggest(and expensive) mistake beginning investors can make is to think that they know everything.

• Checklist of Expensive Errors

  • Atul Gawande - The Checklist Manifesto

  • Find the Full Checklist of Expensive Errors in Invested

  • Error #1 - The business is outside or on the edge of your area of competence. Beware of the mental leaps you take to create your own answers that cater to your bias.

Show Notes:

• Preorder Danielle & Phil’s New Book Invested - Out March 2018!

• [Video] How to Invest: Invest Your First $1000

• Contest & Pre-Order Prizes -  investedbook.com

  • Or Send Your Receipt to specialoffer@investedbook.com