Market MakeHer Podcast 79. Investing Basics: Compound Interest, Dollar Cost Averaging, Money Mindset
We're getting back to basics with some Investing 101 and money psychology. We'll discuss what first-time self-directed investors need to know to get started on your investing journey and good concepts for all investors to think about in their investing strategy...and we'll go over some important jargony terms to easily understand, so that you don't get overwhelmed.
Investing involves risk, but that doesn't mean you should be afraid to learn how to make your money make money! We can all do it. Your knowledge compounds just like your money can and so many barriers to entry have already been broken!
Things to remember:
*Time in the market is better than timing the market.
*The stock market hates uncertainty (creates volatility).
*Compound interest and dollar cost averaging are great terms to understand that help you invest wisely, well, and often.
Reference Episodes:
12. How to Invest in the Stock Market (Step-by-Step)
2. Understanding the Stock Market
9. How to Choose a Brokerage Firm
34. Investing Jargon, Demystified10. How to Read a Stock Quote14. How to Analyze a Stock
24. Pay Yourself First
29. Investment Risk Tolerance
56. How to Construct a Portfolio (Asset Allocation)
Learn the Stock Market Spotify Playlist:
https://open.spotify.com/playlist/24h9lLqD2bQtDWI9blIHt2?si=dQulbTVzRjKTYU8dCXdKvA
YouTube Playlist:
https://www.youtube.com/watch?v=VlOcmj29eH4&list=PL1cksAY5UwYk71iaOlbXMc7L06JrUAJl8
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About Us 🌚🌞
Market MakeHer is an investing education podcast taught by a 15-year finance expert to her friend, a beginner investor. Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We teach complex investing topics in a different way - from "Her" perspective.
Important Disclosures:
Investing involves risk. There is always potential to lose money when investing in securities. Market MakeHer LLC provides educational content and resources for informational purposes only. We are not registered financial advisors & do not provide personalized investment advice. Consult with a licensed financial advisor before making investment decisions.