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I want to address something today i want to address something today it’s been on my mind and it’s been the comments section a few times and it has to do with me kind of talking about some of the negatives i mean kind of addressing some of the mistakes i’ve made with investing and some of those kinds of things i get comments sometimes when i post a video like it

Did the other day about you know some a bunch of option contracts i sold off too soon and i got comments like why are you bringing up the past you need to move on that’s an amateur move like this and that and and i always preach like don’t don’t think about the past like just move on learn from it and move on right but i bring up a lot of these things for the past

I always bring up 2015 quite often right the year i got into margin training and doing so much stuff that just really no lost me massive amounts of money i talk about that right and i talk about my mistakes i always talk about them and i talk about them probably more than anybody ever i don’t even know if there’s anybody even on my level as far as the amount of

Mistakes i talk about and how often i bring them up right and i get people they’re like why why do you do that you know and whatnot so there’s a lot of reasons but the main thing for me as someone that’s an educator in the financial space all right that’s someone that kind of introduces people a stock market gets people excited right i feel like it’s my job to

Not just give a false narrative okay what is a false narrative mean that means to give a picture of a story that is not fully true right so for instance all right investing all right investing is everything perfect with investing does anybody out there always make the right move absolutely not there’s never been a person in history of mankind who has made every


Single perfect investment every always find the perfect stock right if they did they would be a zillion error ray they would have all the money in the world because they would have made all the right moves they would have never lost a dime right it’s unrealistic okay it’s unrealistic so i like to bring up i like to bring up the negatives i’d like to bring up the

Things that are go wrong i almost sometimes literally and even though it’s against my like financial well-being right sometimes i hope my stocks go down a little bit our hope a particular stock goes down because then they can bring that up and i can make videos about it and i think kind of show people the struggle as you go through i can show everybody that it’s

Not perfect investing it’s not just you know oh you just go up and you just make unlimited amounts of money and everything’s perfect no it’s not it’s it’s a lot of hard work that goes into it when people think about investing they get into something right a lot of times people are attracted by the money right you’re gonna make money that’s the thing that attracts

People right that attracts people to investing they think they’re gonna make their money into money that’s awesome and and generally if you work hard enough and you got the right strategy like 99 out of 100 times you’re probably will make money right what the issue is there’s gonna be at least one out of a hundred times if not ten out of a hundred times then you

Don’t make money where things don’t go your way where things didn’t go as planned right and the issue i have is i think i think that’s when i look out into a financial space where i look out in the investment community i don’t see enough of the bad stuff ever being talked about i don’t see if nothing the specifics being talked about to see enough of the specific

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Moves and i think it’s because a lot of times people are afraid that because they talk about a negative they talk about a mistake they made they might lose credibility in my comment to that is is you can’t be afraid of that as an educator you can’t be afraid of that you’re doing a disservice to your community if you don’t ever talk about the bad if all you talk

About is the good stuff you’ve done and you never talk about the bad you’re doing disservice to your community in my in my opinion that’s just you know at the end of the day you’re doing a disservice because you’re given a false narrative on this story that everything is beautiful everything you just make money right and that attracts people and they think it’s

Just an easy game and it’s not an easy game everything in life is hard hey you got it you want a sacrifice you got to put in work you got to put in time so the things i preach all the time about investing you’ve got to put in the work you got to read those annual reports you got to do all this stuff right it’s not just an easy game because guess what if it was

Such an easy game every single person would be doing it making so much freaking money okay it’s not that easy you’ve got to have the right strategy you guys stick to that strategy and then you’ve got to put in the work to actually get you to that place guys so that that’s why i bring up the bad stuff and that’s why i love to bring it up you know i love to bring

It up whenever i have a chance to because it gives it gives you you know a realistic view of what investing really is what the world really is because it’s not all just profits it’s not just all gains it’s not just all greatness right there’s some mistakes that are made and i feel like that those mistakes are never talked about enough in my opinion the only thing

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That’s ever talked about as far as mistakes is like people talk about like the financial crisis and whatnot just a general thing that’s just a general thing man that’s just a general thing you’re talking about i want specifics i want actual stocks you made that where bad moves i want to hear about a bad option contract you bought i want to hear about you know a

Bad year you had why you had that bad year i want to hear about that stuff because that’s gonna tell me a lot more about yourself then and then just the good stuff right we learn we learn more from from humans right you learn more from a person in their bad times then you do actually their good times right so you know that’s just kind of my opinion on it and that’s

Why i talk about the bad stuff and i will continue to talk about it if i make a mistake here or there i’ll continue to talk about it not because i’m dwelling on it i don’t ever think about it when i’m in my own time i don’t never dwell on anything okay i don’t never dwell on anything but on this channel i’m gonna make sure i bring up stuff when i want to bring up

Stuff that’s negative because that’s got to be talked about as well guys so anyways hope you enjoyed this today you know hit a thumbs up if you really agree with me on this leave me a comment if you got something to say guys thank you for watching and have a great day

Transcribed from video
Mistakes. By Financial Education

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