The Top 10 Mistakes Investors Make

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Welcome to the 96th edition of the Inkosi Wealth Scoop!

In this episode, I am joined by my good friend Tyrone Shum to unpack with you the interesting stories of two investors which highlights the old school way of approaching investing versus what I believe to be the new school way.

We not only talk about their life journey but we also discuss the contrast between their mindset and rules when it comes to investing. 

On top of that, if you’re interested to learn what are the top 10 mistakes investors make and how you can avoid them then this is a must-listen episode for you!

We cover:

  • Billy’s Background and Investing Rules
  • Tom’s Story and His Mindset and Rules for Investing
  • The Contrast Between Billy & Tom’s ‘Investing Rules
  • The Idea Behind The Ten Rules
  • Adapting the Way You Think As an Investor
  • The Reality Most Investors Face Today

Show Notes:

00:00:00 – Intro
00:02:53 – Case Study #1: Billy’s Story
00:05:09 – Billy’s Investing Rules
00:10:07 – Summary of Billy’s Wealth Journey
00:11:24 – Case Study #2: Tom’s Story
00:12:32 – Tom’s Mindset and Rules for Investing
00:19:04 – The Contrast Between Billy & Tom’s ‘Investing Rules
00:19:31 – The Idea Behind The Ten Rules
00:20:48 – Adapting the Way You Think As an Investor
00:25:05 – The Reality Most Investors Face Today
00:27:28 – Final Thoughts

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