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InvestED: The Rule #1 Investing Podcast

209- How to Love Investing [From Ask Us Anything Call]

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.61.6K Ratings

🗓️ 16 April 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

This week Phil and Danielle playback a couple of really good questions that were asked in their “Ask Us Anything” call. The first question is about teaching your kids about investing. Phil tried to teach Danielle when she was younger to get her involved with investing. Ben has tried to get his daughter to read Invested without any luck. Phil and Danielle provide a bit of advice on how to get kids interested in investing. The next questions involve how to get other family members interested in investing, and what exactly it means to “be in cash”. Finally, they discuss whether or not it’s necessary to love a company that you buy. For show notes and more information, visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi everybody and welcome to Invested. I'm Danielle Town. We had so much fun chatting with

0:10.6

Jacob Taylor for our Invested Book Club last week. If you missed that

0:15.0

episode go back and listen to it and if you missed buying his book in time go and

0:19.2

buy it it's called the Rubble Allocator. I cannot tell you how many messages I've gotten from you guys who bought the book,

0:25.9

who listened to the episode saying how helpful this was to your investing practice.

0:30.6

I'm so glad because we love recommending good stuff for our invested book club.

0:34.8

We've only ever had two books on it and this one the rebel allocator is a real

0:40.0

classic so go and pick it up if you haven't already read it. This week we wrapped up our

0:45.0

finding Buffett or Finding Buffet treasure hunt and we did our ask us anything call

0:51.6

for everybody who bought the misprinted book and

0:54.0

entered our giveaway. They also got three months free to my investing practice

0:57.5

newsletter and they get special seating at my dad's weekend investing workshops.

1:02.4

So this is obviously a special giveaway for everybody

1:06.0

who went ahead and bought those books and entered, but we had two questions that

1:11.3

were so good and we enjoyed chatting about so much that we decided to play them here on our

1:15.9

podcast and then we're going to talk about them more next week. So enjoy, listen and we'll be back next week with additional detail and great amounts of thoughts

1:27.9

around these particular questions.

1:29.9

Enjoy.

1:30.9

This is from Ben Frick, I Ben. Ben is actually a hedge fund manager and is a student

1:37.9

from gosh, must have been four or five years ago. He says Ben has a daughter. He says, in your podcast, it's become clear to me that

1:47.8

you try to teach Danielle when she was younger to get her involved with investing. I have a daughter

1:52.4

myself that just turned 13 and

...

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