233: Investing vs Gambling with Chris Hanna

<p>Less than 24 hours after graduating college, Chris began counting cards as a professional blackjack player. With a new degree in finance and economics and internships at a multi-billion dollar hedge fund, he was offered a job on Wall Street but turned it down solely to disappoint his parents.&nbsp;</p> <p><br></p> <p>Two years later, Chris worked 5 simultaneous gig-jobs to continue pursuing his dreams as an entrepreneur, train brazilian jiu jitsu, and avoid a regular job at all costs. Eventually, mental and physical exhaustion forced him to reevaluate everything he thought he knew about money and personal finance. Today, Chris brings all his experiences to financial coaching. He helps UFC fighters and entrepreneurs manage their money to gain peace of mind, spend more time doing what they love, and build wealth with confidence.</p> <p><br></p> <p>*DISCLAIMER - We are not giving any financial advice. Please DYOR*</p> <p><br></p> <p><strong>(00:00 - 02:27) Opening Segment</strong></p> <p>-Chris is introduced to the show</p> <p>-Chris shares something interesting about himself</p> <p><br></p> <p><strong>(02:27 - 25:09) Investing VS Gambling</strong></p> <p>-Chris shares how he started in blackjack</p> <p>-Chris shares about his very first investment</p> <p>-He also shares about The biggest mistake new ""investors"" make: Gambling their money because of inadequate knowledge or poor bankroll management</p> <p>-Chris also shares about New platforms and commission-free trading</p> <p>-He also talks about How professional blackjack players invest in a game that 99% of people gamble in: They track the edge, bet more money when it's is in their favor, and less when it's not</p> <p>-Chris shares as well What knowledge you should have before making an investment: The nature of the asset and how it works with your portfolio, your liquidity needs, your risk preference&nbsp;</p> <p>-Chris also talks about How to manage your bankroll: Generally speaking, don't actively manage it on your own. Instead, be broadly diversified in