In this episode, Rob explains why you have to be extremely careful when listening to investment advice on TikTok. Particularly, advice about bitcoin and other digital currencies and certain forms of metal investments. Rob points out the dangers and provides you with ways to avoid the pitfalls.

KEY TAKEAWAYS

Before investing in anything do your research rather than just listening to others.
With digital currencies, you must understand the underlying technology.
In the podcast, Rob recommends several books that will help you to learn about making wise decisions when investing.
Following a Tiktokers, gut feeling is clearly stupid. They whip you up emotionally, which can easily lead to your making unwise decisions.
Become an intelligent investor, not one that makes decisions based on emotions.

BEST MOMENTS

‘When on social media be careful about getting into an emotional state and making unwise decisions.’

‘If you’re a gold or silver investor.. you need to have it in your hand physically.’

ABOUT THE HOST

Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?

Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.