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134: Grow Series: Get Results, Optimize Wealth … Money, Movers, and Shakers
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If you want to invest in your future, you have to control your finances.
Meeting your financial goals starts with understanding how money and investments work.
In this episode, Marissa shares how to begin getting your finances in order, starting with your checking and savings accounts.
Marissa breaks down the different investment types, how compound interest can magnify your wealth, and the three places you can invest your money.
In this episode, you will hear:
Why you should understand your financial goals and how to invest it
Start with your checking and savings accounts and what they yield
What certificates of deposit (CDs) are and how they work
What alternative investments are and how they’re used, such as bonds
Why stocks are good investments and why they require discipline
What exchange-traded funds and mutual funds are
Why real estate is a great place to invest
The three places you can invest money: your own business, other people’s businesses, and real estate
What the risk level is of each investment option: aggressive, balanced, or conservative
How long the money should be invested and when you need it
How your cycle of emotions will impact your investments and fear drives behavior
The two ways to invest: retail or institutionally
What long-term returns are and how financial advisors are paid
What an institutional manager is
An example of what time can do for your investments
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Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.
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