Top 5 World's Strangest Investments You Need to Avoid!
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 9 April 2021
⏱️ 59 minutes
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Summary
Transcript
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| 0:00.0 | The five strangest investments you need to avoid. |
| 0:05.0 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:11.8 | investing, taxing. |
| 0:13.7 | You've got financial questions, he's got financial answers. |
| 0:17.4 | It's Brian Preston, the money guy. |
| 0:20.8 | Brian, I am super excited about this show because one of the things we always like to make |
| 0:25.2 | sure we equip you guys for are things not to do with your money or how to protect yourself |
| 0:29.9 | or how to avoid catastrophe. |
| 0:32.4 | So we thought maybe we would share some unique and strange investments through history |
| 0:38.4 | that perhaps if you understood your history, would keep you protected as you move into your future. |
| 0:43.4 | I think anybody who does something long enough, you start spotting trends. |
| 0:48.0 | So you start noticing similarities to things and you guys look, I had a listener who came |
| 0:53.6 | and did a tour in the last week's of Brian quit playing up that you're old because you're |
| 0:57.6 | not old. |
| 0:58.6 | If you're old, I'm really old. |
| 1:00.1 | So I know I'm not old, but I have been around long enough in my third decade of managing |
| 1:06.0 | money, investing and helping others make good decisions. |
| 1:09.9 | And what I'm noticing is there's trends that yes, the packaging is different. |
| 1:14.8 | Yes, the technology is different, but it's still the same pet rock wrapped up into the |
| 1:20.6 | box that's being sold to the masses. |
| 1:23.5 | And we kind of want to share with you some historic frenzies or things. |
| 1:28.0 | People have gotten excited about when they started throwing their hard earned money at. |
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