212: Losing Money Is A Great Teacher

If you’re not careful, you can lose a lot of money investing with the wrong people and the wrong deals. As human beings, we’re inclined to trust others and it’s difficult to discern dishonesty because we don’t expect it. Jack Gibson, a successful businessman, Real Estate investor, and Wealth building Strategist, lost a lot of money in tech stocks at a young age following the advice of a financial planner. Later, he was a victim of a Real Estate ponzi scheme. These costly mistakes taught Jack valuable lessons in business that he’s leveraged to enable him to build and manage his own residential Real Estate portfolio that most recently includes managing and owning Short-term-Rentals.