1810: How Not to Invest $100,000 by Chris Reining on Long-Term Buy and Hold Investing Strategy

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 22 February 2022

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Chris Reining tells you how not to invest $100,000 Episode 1810: How Not to Invest $100,000 by Chris Reining on Long-Term Buy and Hold Investing Strategy Chris Reining is a thirty-something guy who provides resources to help manage your money and career to become financially free. His own path to financial freedom has had ups and downs, which is what he writes about on his site. He's been featured in the New York Times, on the Today Show, CNN, CBS, Business Insider, LifeHacker, and more. The original post is located here: https://chrisreining.com/invest-100000/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is Optimal Finance Daily, Episode 1810.
0:04.4	How Not to Invest $100,000
0:07.7	By Chris Rining of ChrisRining.com
0:11.5	And I'm your host and personal finance enthusiast, Diana Merriam.
0:16.1	We're going to get right to today's post
0:18.4	and start optimizing your life.
0:24.8	How Not to Invest $100,000
0:28.5	By ChrisRining of ChrisRining.com
0:33.4	A friend called me up scared.
0:35.6	They've spent the last 20 years working to pay off student loans
0:40.0	by a house, raise a family, and so saving for retirement
0:44.3	wasn't a priority. Where do I start? It was a good reminder.
0:50.3	It's easy to forget how confusing and daunting investing is
0:54.6	when you're getting started, which reminds me of a story about a guy
0:59.5	who had $100,000 to invest. The first thing he did was by 20 stocks
1:05.9	putting five grand into each. But then he thought he should be making more money
1:11.3	and sold those shares to buy Chinese companies. As he learned more about the
1:16.4	market, he discovered options and started buying calls,
1:20.3	putting $5,000 in and making double that in a day.
1:24.8	His gains eventually evaporated. Easy money never lasts.
1:29.7	Then he decided to put a concentrated portfolio of growth stocks
1:33.9	and put his entire hundred grand into square at $75.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.