7 Types of Investments I Always Avoided (And You Should Too) — Charlie Munger

#CharlieMunger #InvestingMistakes #AvoidScams

I'm 99 years old and on March 15, 2025, I got a phone call at 6:47 in the morning that I'll never forget. It was my friend Michael. He was 48 years old, successful tech executive at a major Silicon Valley company, MIT graduate, and he was crying. Not just upset, not just frustrated, but actually sobbing on the phone like a child. He'd just lost $82,000 on AI art NFTs. Everything he put in was gone. Completely gone. He told me I warned him six months ago and he didn't listen. He thought he knew better. He thought I was too old to understand the new digital economy. That phone call was the fourth one I'd gotten that month.

By the end of 2025, seven people I personally know, seven people I personally warned, lost a combined total of $814,000 on investments I specifically told them to avoid. Not might lose, not could lose, they actually lost it. The money is gone. And every single loss, every single dollar was completely preventable if they had just listened. I've watched the same patterns destroy people's wealth over and over again for seven decades. New technology that sounds sophisticated. Promises of returns above normal market rates. Complexity that makes you feel smart for understanding it. Middlemen or platforms you have to trust. Hype and FOMO and social proof. Celebrity endorsements or influencer promotion. They follow the same pattern every single time.

Here's what you'll learn in this video: Michael's full story and why understanding it will help you recognize when you're about to make the same mistake, the exact warning signs I spotted six months before the crash, why early promoters get rich selling to true believers and true believers get rich temporarily selling to latecomers while latecomers lose everything, what investments actually protect wealth including boring things that have worked for decades, and what's going to happen in 2026 with seven new opportunities that sound exactly as compelling but will destroy wealth just like these did. If you find yourself looking at an investment opportunity and thinking this could make me rich, stop immediately. That's not investing. That's gambling.

Watch until the end because I'm breaking down what you should actually invest in instead: diversified portfolios of profitable companies that pay dividends, real estate you can physically control, government bonds backed by stable governments, high yield savings accounts at legitimate banks, and index funds that track the broad market. These aren't exciting but they protect wealth. Comment below with your city and your biggest investment fear. Tell me what keeps you up at night. Subscribe and hit the notification bell if you want more lessons from someone who's seen every scam, every bubble, every supposedly revolutionary investment opportunity. Like this video if you want to avoid being one of the people calling me at 6:47 in the morning crying about money that's gone forever.

#InvestingWisdom #AvoidScams #NFTWarning #WealthProtection #BoringInvesting #FinancialMistakes #2025Investing