Ep. 178 - From Beginner Investor to Multi-Millionaire - Learn the Basics of Investing

The Good Financial Cents Show w/ Jeff Rose, CFP®

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2y ago 21:12

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Do you remember the first time you tried something that was scary?

How did that work out?

I’m sure there were lots of emotions around that experience.

If you are a ‘beginner’ at anything it can be a scary thing.

Today I want to share some of the basics of investing. This may help to ease the fears or anxiety around investing for beginners.

The 6 most important reasons for investing:

1. Building long-term wealth

2. Preparing for retirement

3. Meeting shorter-term goals

4. Minimizing the need for credit

5. Having money to pass on to your kids

6. Strategy for dealing with inflation

Resources:

Investing for Beginners: Learn the Basics of Investing in 2022: https://www.goodfinancialcents.com/investing-for-beginners/

How to Invest: https://www.goodfinancialcents.com/how-to-invest/

How to Invest in Index Funds: https://www.goodfinancialcents.com/how-to-invest-index-funds/

How to Invest in Stocks: https://www.goodfinancialcents.com/how-to-begin-investing-in-stocks/

Investing for Dummies: https://www.goodfinancialcents.com/guide-to-basic-investing/

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