Summary: <br> Announcer: <a href="https://www.temi.com/editor/t/vmz0sifEXPivQVQ83rbnfSMOilEpDbObDaWE1JSW4f2r07lajrMOx0TwBIfOiZJzgxvgkQMT8sWDfaBK3WWbh6iZeII?loadFrom=DocumentDeeplink&ts=0.27">00:00</a> You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginning led by Andrew Sather and Dave Ahern. To<br> decode industry jargon. Silence crippling confusion and help you overcome<br> emotions by looking at the numbers. Your path to financial freedom starts now.<br> <br> <br> <br> Dave: <a href="https://www.temi.com/editor/t/vmz0sifEXPivQVQ83rbnfSMOilEpDbObDaWE1JSW4f2r07lajrMOx0TwBIfOiZJzgxvgkQMT8sWDfaBK3WWbh6iZeII?loadFrom=DocumentDeeplink&ts=36.45">00:36</a> All<br> right folks, we’ll welcome to Investing for Beginners podcast. This is episode 97. Tonight Andrew and I are<br> going to talk about wisdom, really unwise financial decisions. We’ve put<br> together a list of some things that you should not do if you want to be wise<br> with your money. So Andrew, why don’t you go ahead and talk about our first<br> item, then we’ll kind of go down the list.<br> <br> <br> <br> Andrew: <a href="https://www.temi.com/editor/t/vmz0sifEXPivQVQ83rbnfSMOilEpDbObDaWE1JSW4f2r07lajrMOx0TwBIfOiZJzgxvgkQMT8sWDfaBK3WWbh6iZeII?loadFrom=DocumentDeeplink&ts=59.97">00:59</a> Yeah,<br> sounds good. Making this list was fun, wasn’t<br> it? It was fun because I’m guilty of these just as much as anybody else.<br> I don’t like to think that. I don’t like to imply that I’m just like the super<br> wealthy dude that doesn’t make any<br> mistakes. But you know, I think we can kind of<br> learn from other people sometimes. Maybe learn from ourselves sometimes and we can do some things with our money that,<br> uh, you know, when it becomes a money pay, we don’t have to fall into those<br> traps. So I think a huge one, and by the way, I think a lot of these are pretty<br> controversial. I think this one’s controversial too, but credit cards. So my<br> thing with credit cards is obviously my<br> stance is I’m the super no debt guy, only by, you know, I only want stocks that<br> don’t have a lot of debt.<br> <br> <br> <br> Andrew: <a href="https://www.temi.com/editor/t/vmz0sifEXPivQVQ83rbnfSMOilEpDbObDaWE1JSW4f2r07lajrMOx0TwBIfOiZJzgxvgkQMT8sWDfaBK3WWbh6iZeII?loadFrom=DocumentDeeplink&ts=112.95">01:52</a> I<br> think that is the devil, the borrower, slave, borrower’s slave to the lender,<br> you know, all these sorts of things when it comes to debt. However, I also like<br> to think that I’m brilliant one. A lot of the times I’m not. So even with my<br>
