Quite honestly, as someone who's involved in the Angel world, easiest way to lose money - invest in startups. You have to invest in at least 20 to get an idea

Quite honestly, as someone who's involved in the Angel world, easiest way to lose money - invest in startups. You have to invest in at least 20 to get an idea of what you're doing. Just structuring a deal so you don't get washed out later is something you'd rather learn from others than by hard experience. You'd be better off joining a group like Sand Hill Angels where you can jump in on deal flow, get advice from people who've been doing it for decades.