Financial Advisors React to Big Money Fails
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.6 • 2.8K Ratings
🗓️ 31 January 2025
⏱️ 15 minutes
🧾️ Download transcript
Summary
We see big money fails on social media all the time, so we had to get Brian and Bo's reactions to some of the craziest money fails out there on today's react episode.
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Transcript
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| 0:00.0 | I've been losing all my money sports betting so I'm selling my car at CarMax so I can get some money and bet on tonight's Cowboys Bengals Monday night football game. |
| 0:11.0 | Hey guys, the team has put together some cold videos for us on big money mistakes. |
| 0:18.0 | I am so excited to see what the internet has for us today. |
| 0:23.6 | Let's dive in. |
| 0:24.6 | This is how much I made this week is a 20 year old full-time day trader. |
| 0:26.6 | Monday. |
| 0:27.6 | In one day, I lost $4,270. |
| 0:29.6 | It's been worse. |
| 0:30.6 | Tuesday. |
| 0:31.6 | It saved my week. |
| 0:32.6 | $7,100. |
| 0:33.6 | Maybe this week ain't so bad. |
| 0:34.6 | Wednesday. |
| 0:35.6 | Big news event. |
| 0:36.6 | I didn't trade $0. It felt so good. |
| 0:37.8 | People ask me how I get used to losing so much money. |
| 0:40.2 | I don't. |
| 0:41.0 | And today, I said I was going to come back. |
| 0:42.6 | I dug a deeper hole. |
| 0:43.6 | But I'm only down this much. |
| 0:45.3 | It's been worse. |
| 0:45.9 | Surprisingly. |
... |
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