The Investing Mistakes We Made (So You Don't Have To)

We're airing our financial dirty laundry today  -  and we're not sorry about it.

In this episode, Maddie and Meghan get real about the investing mistakes they made when they were just starting out. From maxing out a 401(k) without a plan, to leaving money sitting in cash for an entire year, to unknowingly choosing funds that quietly drained thousands in fees  -  they've been there.

Here's what they messed up (so you don't have to):

• Mistake #1 (Maddie): Maxing out 401(k) contributions way too fast  -  before her budget could actually handle it
• Mistake #2 (Maddie): Investing before building an emergency fund  -  and the expensive math behind why that backfired
• Mistake #3 (Meghan): Rolling over a 401(k) into a new account… and then leaving the money sitting in cash for a full year
• Mistake #4 (Meghan): Picking investments based on past returns without ever looking at fees  -  and what that actually costs over 30 years

The biggest takeaway? The biggest mistake you can make is not starting at all. Imperfect action always beats perfect planning.

Ready to start the right way? Check out The Confident Investor Blueprint  -  a 7-day step-by-step guide designed to take you from "I should probably start investing" to actually doing it. Just $17. Link below.

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Read the full Show Notes Here!

 

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• Rakuten

 

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