Andrew Stotz – 15 Risk Reduction Lessons from My Guests

15 Risk Reduction Lessons from My GuestsIn this episode, Andrew Stotz explains the 15 risk reduction lessons he has learned from his guests. https://myworstinvestmentever.com/wp-content/uploads/2022/07/The-Investors-Risk-Reduction-Checklist.pdf (Download the The Investor's Risk Reduction Checklist.) 1 Get the power of compounding working for you now, and don’t interrupt it.https://www.linkedin.com/in/dansolomonpc/ (Dan Solomon) from https://myworstinvestmentever.com/ep434-dan-solomon-the-time-to-start-investing-is-now/ (Ep434:  The Time to Start Investing Is Now) 2 Do your own research before making any investment. Do not rely on others.https://www.linkedin.com/in/traviswatts1234/ (Travis Watts) from https://myworstinvestmentever.com/ep381-travis-watts-do-your-due-diligence-and-keep-your-investment-simple/ (Ep381: Do Your Due Diligence and Keep Your Investment Simple) https://www.linkedin.com/in/curtmercadante/ (Curt Mercadante) from https://myworstinvestmentever.com/ep438-curt-mercadante-not-every-home-is-an-investment/ (Ep438: Not Every Home Is an Investment) https://www.linkedin.com/in/furqan-aziz/ (Furqan Aziz) from https://myworstinvestmentever.com/ep441-furqan-aziz-validate-every-idea-you-invest-time-in/ (Ep441: Validate Every Idea You Invest Time In) 3 Have a rigorous thought process when evaluating investments, and stick to that process.https://www.linkedin.com/in/shashankrandev/ (Shashank Randev) from https://myworstinvestmentever.com/ep352-shashank-randev-there-is-no-surefire-formula-to-venture-capital-investing/ (Ep352: There Is No Surefire Formula to Venture Capital Investing) 4 Expect long-term returns of about 8% and consider that investments above that could be “too good to be true.”https://www.linkedin.com/in/petealexander/ (Pete Alexander) from https://myworstinvestmentever.com/ep284-pete-alexander-if-the-real-estate-deal-sounds-too-good-to-be-true-it-is/ (Ep284: Pete Alexander – If the Real Estate Deal Sounds Too Good to Be True, It Is) 5