Podcast

TPP126:

How Rob B lost £40,000 on one deal

A sorry tale, a warning and a therapy session all rolled into one this week as we tell the story of how Rob B lost £40,000 on a single deal.

We rub the salt ever deeper as we examine:
– How Rob found the deal in the first place
– Why it was such a good opportunity
– Where he went wrong
– What happened to other people’s deals which did go through (the truly painful bit)
– The three ways in which Rob lost out

Of all the episodes we’ve done, this has got to be one of the most valuable: not because there’s anything in here that we didn’t already know, but because it reinforces the importance of several points we’ve covered before.

Have a listen, and make sure you don’t make the same mistakes!

Thank you to Tim Nolan for telling us about Revolut — a new app for foreign currency exchange that gives you a better rate than you can get from any other service.

No fees, great rates and cutting banks out of the picture – what’s not to like? We’ll be signing up for sure.

 

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