E80: How to Know When Rate of Return is Deceiving You
Episode description
We discuss how the rate of return numbers can be manipulated to deceive you into believing an investment is better than it is. We'll also share how to protect yourself from predatory investments.
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When looking at investments, it can be tricky because many people can manipulate these numbers to look much better than they are. These are myths some advisors use to deceive people. However, these aren't exclusive to advisors. They're used in many investment areas.
Topics Discussed:
- Common investment myths perpetuated by some advisors
- How to ask the simple yet revealing questions
- Understanding the average rate of return vs rate of return
- What to watch for in lending clubs and various real estate syndications
- Knowing why no one will care more about your money than you will
- Financial marketing myths
- Watching out for portfolio sleight of hand
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/