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15 Mistakes You Make Once You Get RICH Invest in yourself: https://www.alux.com/app Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/alux Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: https://www.masterworks.com/cd In this Alux.com video we will be answering the following questions: What mistakes do rich people make? What mistakes can make you broke if you're rich? What are the most dangerous mistakes if you're rich? What should you pay attention to when you're rich? What investment mistakes can ruin you? ________ 00:00 - Intro 00:35 - You overestimate yourself 01:31 - Losing track of your spending 02:46 - Spending money that’s supposed to come in soon 03:26 - Losing your hunger 04:09 - Being invested in only 1 asset class 06:22 - Not being paranoid enough 07:13 - Jets, multiple cars, multiple homes and other comforts 09:01 - You get used to overpaying for everything 10:21 - Throwing money at every “opportunity” coming your way 11:47 - Not continuing to level up 13:35 - Failing to monitor and adjust course on your investments 14:58 - Not protecting your reputation 15:21 - Playing catch up with your even richer friends 16:11 - Making decisions based on other people’s decisions without thinking for yourself 17:12 - Inability to relate to people struggling with the basics 18:31 - Bonus - Get Rich Playlist: • Get Rich Playlist - Alux.com Take Action Playlist: • TAKE ACTION by Alux.com All Sunday Motivational Videos: • Sunday Motivational Videos Book Club: • Alux.com's Book Club - Social Media: / alux / alux / aluxcom --- Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content! Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today! SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8 -- To see how rich is your favorite celebrity go to: https://www.alux.com/networth/ -- For businesses inquiries we're available at: https://www.alux.com/contact/