Never Lend Money to These People

It’s easy to bring emotions into investing and lending but this isn’t good for you or your wallet in the long-term. Rob has created this episode to help you learn how to protect your money, some of these may not be popular but this is Rob’s honest advice about whom you should lend your money to. KEY TAKEAWAYS  Friends & Family: The assumed trust means that people will take advantage of you. To people who are bad with money: the risk is too high that they will lose your money too. Someone offering high returns or some kind of get-rich-quick scheme. Savings and bonds: don’t lend your money to the government and central banks. Invest your money into assets instead. BEST MOMENTS  “If you want to help your family, give them a loan and don’t ask for it back” “People don’t f*ck with banks but they do with friends and family” “It’s costing you 10-12% a year just to save money” “Right now I don’t think governments are secure at all” VALUABLE RESOURCES http://rob.team bit.ly/Robsupporter https://robmoore.com/podbooks ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything”   CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 Learn more about your ad choices. Visit megaphone.fm/adchoices