Why do so many investors keep losing money despite all the opportunities around them? It’s a painful cycle, jumping from one shiny new trend to the next, blinded by hype, only to watch their hard-earned cash slip away. Sound familiar?

The truth is, chasing every new “hot” opportunity is a fast track to bad decisions and big losses. Investors are paralyzed by FOMO, and they throw caution to the wind, forgetting the basics that build real, lasting wealth.

What if your biggest investment mistake is chasing the wrong opportunities? How much money have you lost by ignoring the fundamentals?

It’s time to stop the cycle. The solution? Go back to fundamentals. Focus on solid principles, disciplined strategies, and patience, not the latest shiny object or hype-driven fad. When you master the basics, you stop losing and start winning.

Troy Eckard, founder and chairman of Eckard Enterprises, joins me to talk about the mistakes investors are making today, why it's so crucial to never forget the fundamentals, as well as the oil and gas industry and the current buzz around it.

Things You’ll Learn In This Episode

Slow and steady wins the investment race

Slow and simple investing builds steady, long-term wealth without unnecessary risk. What if the secret to financial success isn’t speed, but patience and consistency?

Learn from the losses

Mistakes are inevitable in investing, but each loss is a chance to learn and improve your strategy. Are you using your investment losses as lessons or just setbacks?

Tech transformation in the oil and gas industry.

Oil and gas decisions have shifted from broad guesswork in the past to data-driven precision today. How has advanced technology transformed the way we explore and extract oil and gas?

Guest Bio

Troy W. Eckard is the Founder, Chairman, and CEO of Eckard Enterprises, LLC (and its affiliate, Eckard Land & Acquisition), a Texas-based asset management firm specializing in alternative investments within the energy sector

Since entering the oil and gas industry in 1985, Troy has raised hundreds of millions from high-net-worth individuals, overseen exploration projects, mineral rights acquisition across thousands of square miles, and co-founded Kinetica Partners, which manages over 1,800 miles of Gulf of Mexico pipelines

Known for his transparent, investor-first approach, he fosters strong partner relationships and hosts annual conferences to maintain open dialogue and trust

linkedin.com

With a focus on tangible, cash-flowing assets like minerals, water rights, and real estate, Troy has guided his firm toward sustainable, generation-spanning wealth

Visit https://eckardenterprises.com/

Find Troy on LinkedIn @Troy W Eckard

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you!

Here's the truth nobody talks about: investing isn’t about saying “yes” to every shiny opportunity that comes your way. It’s about discipline. It’s about mastering the art of saying “no.” It’s about boring consistency, and yes, sometimes it feels plain, but that’s where real wealth is quietly built.

Paul Moore’s journey from rags to riches didn’t just end with his financial exit. He wiped out his debt and embraced the mindset that no matter what, you never stop giving. Because giving fuels growth, relationships, and opportunity in ways money alone never can.

What if saying “no” more often is actually the key to unlocking your financial freedom? Are you prepared to keep giving, even when it feels like you’ve given enough and things get tough?

In this episode, founder of Wellings Capital Paul Moore, joins me to talk about real estate investing, how he went from rags to riches, and why the way out is to always give.

Things You’ll Learn In This Episode

-Learning to say NO

The most successful investors achieve their results by saying no to nearly every opportunity. How can learning to say no improve decision-making and long-term success?

-The real housing crisis

Many real estate developers prioritize luxury apartments, overlooking the growing demand for affordable housing. What is the impact of this unbalanced supply and demand?

-Warren Buffett: rules for real estate

Warren Buffett emphasizes investing in real estate with a long-term mindset, focusing on value, not hype. How can adopting a long-term, value-focused approach improve real estate investment strategy?

Guest Bio

Paul Moore is the Founder of Wellings Capital. After graduating with an engineering degree and then an MBA from Ohio State, Paul entered the management development track at Ford Motor Company in Detroit. After five years, he departed to start a staffing company with a partner. They scaled and sold the company to a publicly traded firm five years later. After a brief “retirement” in his early 30s, Paul began investing in real estate in 1999 to protect and grow his own wealth.

He completed over 85 real estate investments and exits, appeared on HGTV’s House Hunters, rehabbed and managed dozens of rental properties, and developed a subdivision. After completing three successful real estate developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, Paul narrowed his focus to commercial real estate in 2011. Paul is married with four children and lives in Central Virginia.

Visit https://www.wellingscapital.com/resources for more information.

Find Paul’s books on Amazon here

To give to help save children from human trafficking go to https://aimfree.org/

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you!