finances can be complicated but they don't have to be i break down financial topics that may seem

complex and overwhelming so you can start taking action on your financial goals i'm a

tally and it all starts here on Personal Finance Redefined.

Hello everyone and welcome to another episode of Personal Finance Redefined.

If you've been enjoying it, please share it with your friends.

I hope to help as many people as possible and I hope you've liked it so far.

So today's episode is going to be a little bit of a longer episode and that's because we've

got a great listener question. In fact because we've got a great listener question.

In fact, we've got a few of them. So today's all about answering those questions surrounding

investing, how to invest, where to invest for the best return, where to invest for the short term,

long term, what's happening with GameStop, a little bit of an update with everything.

So investing can be confusing. Not can be confusing.

It is confusing. And sometimes there's just so much going on in our head when it comes to taxes and

budgeting and cash flow and estate planning, insurance, so that it's easy to go crazy. So let's just

hop right into these questions. So remember first what investing in a stock

is. So when you invest in a stock, you're literally owning the company. You're now a part-time

owner. If you invest in Apple stock and it does well, you get to participate in those gains.

Now, the downside is if it does poorly, you participate in the losses as well.

So this is different than a bond. A bond, you're lending money to a company. Let's for the same

example use Apple. So with a bond, you're going to be lending money to Apple for a set period of time,

and they're going to pay you interest for the loan.

So what that means is if you gave Apple a loan of $100, let's say they pay you $5 a year

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