A Beginner’s Guide To Investing
Manage episode 431831796 series 3585324
Welcome back to Her Money Revolution, the podcast that empowers women to take control of their financial futures.
In this episode, Angela Brooks, CFP®, wealth advisor, and business owner, discusses the fundamentals of investing.
From understanding the power of compound interest to the differences between stocks, bonds, mutual funds, and ETFs, Angela breaks down complex financial concepts into easy-to-digest advice.
If you're ready to make your money work for you and achieve your audacious financial goals, this episode is a must-listen.
Don't forget to follow and leave a review to let us know your biggest takeaway!
What was covered:
- (01:54) Addressing common misconceptions about investing.
- (02:48) Introduction to investing and the importance of compound interest.
- (05:35) Example of compound interest using a financial calculator.
- (07:53) Basic concepts of stocks, bonds, and how they differ.
- (12:00) Overview of mutual funds and ETFs.
- (12:56) The simplicity and benefits of index funds.
- (13:55) Understanding risk tolerance and time horizon.
- (15:58) Why investing is crucial for building wealth.
- (16:52) Homework: Exploring Yahoo Finance for better understanding.
Connect with Angela:
Website: https://hermoneyrevolution.com/
Instagram: https://www.instagram.com/hermoneyrevolution/
Facebook: https://www.facebook.com/profile.php?id=61561348149519
Financial Resources: https://hermoneyrevolution.com/resources
4 episodes