4 Mistakes First-Time Investors Make
Click Here to Get All Podcast Show Notes!
If you think investing is just about picking the right deals, think again. The biggest losses don’t come from bad investments–they come from avoidable mistakes. In this episode, Sharran reveals the four traps that new investors often fall into and the simple decision frameworks that protect your money, confidence, and future wealth.
He breaks down why embarrassment is expensive, how peer pressure can destroy portfolios, why the wrong operator can cost you everything, and how FOMO can lead smart people into making poor decisions. A lot of people don’t fail because the market beat them–they fail because they allow emotions and ego to get in the way.
Get ready to learn how to think like a disciplined investor and make smarter moves from day one. Listen in to upgrade your investing mindset and avoid the painful lessons most people learn the hard way.
“You don’t get rich by investing–that's a myth. You get wealthy by learning to become a good investor.”
- Sharran Srivatsaa
Timestamps:
01:41 - The real danger of your first few investments
03:06 - Mistake #1: Hiding your ignorance instead of asking questions
05:32 - How investing in groups sharpens your discipline
06:24 - Mistake #2: Peer-pressure investing & the script that saves you
09:45 - How to reject deals without burning relationships
10:50 - Mistake #3: Trusting operators blindly
11:31 - Why good operators matter more than good ideas
13:57 - Mistake #4: FOMO & chasing trends
15:12 - Evaluate every deal against your next financial goal
19:32 - The real path to becoming wealthy
Resources:
- The Next Billion by Sharran Srivatsaa - https://sharransrivatsaa.substack.com/
- Acquisition.com - https://www.acquisition.com/
- Board Member: ARC Multifamily Real Estate Investing - https://arcmf.com/
- Board Member: The Real Brokerage - https://www.joinreal.com/
Connect with Sharran:
- Facebook - https://www.facebook.com/likesharran
- Instagram - https://www.instagram.com/sharransrivatsaa/
- LinkedIn - http://www.linkedin.com/in/sharran
- YouTube - https://www.youtube.com/channel/UCzpl_gT1bVB1iNZl9yQbWuA?sub_confirmation=1