Worst Mistakes People Make With Their Investments

Worst Mistakes People Make With Their Investments: In this interview, Dana Anspach, the CEO of Sensible Money, and Robert Powell, the editor of Retirement Daily and Co-Founder of finStream, discuss some of the worst mistakes people make with their investments. Anspach shares two catastrophic investment mistakes she has witnessed with clients. The first involved a widow with four children with over $4 million portfolio. Influenced by her religious affiliation, the client moved her money to a firm of the same affiliation that offered estate planning, tax, and investment services. However, they invested their entire life savings in a private real estate deal without proper documentation or transparency. The investment failed, resulting in a complete loss of the $4 million. To watch more videos on finStream featuring Dana Anspach, please visit this link: https://www.finstream.tv/featured/dana-anspach/