Investing 101
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Investing 101
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Narrated by:
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About this listen
During this 17th episode of the Simplifynance Podcast, host Rachel Stewart discusses how assessing your needs, wants and emotions can be effective in making the right investment choices. What questions should you be asking yourself before moving your money around in the market?
Episode Highlights:
0:15 If you have money to invest, where do you start?
0:25 Needs, Wants & Emotions
0:37 Uncovering your risk tolerance
0:51 Developing a portfolio of assets
1:12 How to identify the things that will help determine your risk tolerance
1:38 Taking the emotion out of investing
2:10 Typical client situation
2:20 Low points in the market and feeling of defeat
2:39 Buying on sale
3 Key Take-Aways
- Successful results do not mean chasing results or timing entry and exit points.
- Tie your investment to a specific objective or goal and set a timeframe.
- All investments involve some degree of risk, some more than others.
Resources Mentioned:
Simplifynance Resources
Contact
Rachel Stewart