215- What Stocks to Buy for Your Children?

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 28 May 2019

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

For show notes and more info visit www.investedpodcast.com. “The advice, buy and hold, is very good advice, as long as hold means 40 to 60 years.” - Phil Town This week, Phil and Danielle talk about parents buying stocks for children. She has a couple of choices. The first choice is to do what Buffett says to do and buy the US stock index, SPY. Or you can buy individual companies. What would you do for your child? They also talk about the differences between indexes like the S&P 500 or the Russel 2000. The S&P 500 tend to be a little more steady than other indexes. Phil also discusses the Shiller PE ratio and what it means when the ratio is 25 and above for your returns. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Whether it's an under the radar genre or a proper out there podcast
0:05.0	sometimes it's better when you get weird especially when it comes to switching up your soft drink
0:10.0	introducing new Dr Pepper Zero,
0:12.5	with the same blend of 23 unique flavors,
0:15.3	it tastes just as weird as regular Dr Pepper,
0:18.8	but with zero sugar and zero calories.
0:21.6	It's a taste you can't quite put your finger on.
0:24.0	Weird. But in a surprisingly good way, try more weird with Dr Pepper Zero. Hey everybody this is skill town
0:36.3	this is skill town and this is Danielle town
0:38.0	welcome to the invested podcast where we talk about how to be a great investor, bottom line, how to be a great investor, how to end
0:46.2	up managing your own money, comfortable that you're making good choices and whatever you're buying
0:52.1	because you have a really good
0:54.6	structure that you're working within that has been effective for over 80 years
0:59.5	through depression, world wars, inflation, I mean craziness of every sort and this is worked.
1:10.0	This is worked and worked and worked.
1:12.0	So that's what we're learning.
1:13.5	I think that might be your most spot-on intro ever.
1:17.6	I love it, because it's like we're learning to be great investors,
1:21.8	which to a newbie sounds a little intimidating, but to all of us
1:26.1	who are a little bit further along, it's like, yeah, that's awesome.
1:30.1	And then you said within a structure that makes you feel safe
1:33.4	because you know it's safe because of the many, many years
	...

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