Ep 3 The Basics of Investing: Your Path to Financial Empowerment
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Welcome back to another insightful episode! We're thrilled to have you join us as we delve into the world of finance and investing. In today's discussion, we're breaking down the fundamental concepts that are essential for anyone looking to secure their financial future through strategic investment. Join hosts Omari and Brett as they guide you through the intricacies of investing and share key insights that will empower you to make informed decisions.
In This Episode You’ll Learn:
- Introduction to the basics of investing
- The importance of time in investing and the power of compounding
- Distinction between saving and investing
- Understanding risk tolerance in investing
- Stocks: Owning a piece of a company and the concept of dividends
- Risks associated with stock investing
- Bonds: Loans to companies or governments, interest payments, and risks
- Mutual funds: Professionally managed investment funds for diversification
- Exchange-Traded Funds (ETFs): Passively managed funds with intraday trading
- Real estate investing: Generating rental income and hedging against inflation
- Diversification: Spreading investments to reduce risk
- The role of professionals and advisors in investment strategies
- The importance of continuous learning and seeking help in investing
And so much more!
Stay Connected with Smart Wealth Podcast Hosts:
Brett Cranson: www.linkedin.com/in/brettcranson/
Omari Whyte: www.linkedin.com/in/omari-whyte/
LinkedIn Brett Cranson: linkedin.com/in/brettcranson
LinkedIn Omari Whyte: linkedin.com/in/omari-whyte
For business inquiries, please head over to
https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca
email:
brett.cranson@ipcsecurities.com
omari.whyte@familyfirstadvisors.ca
Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.
39 episodes