3216: How to Start Investing: Simple Four-Step Investing For Beginners Guide by Mr. Finer on Building Wealth

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 18 July 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3216: Mr. Finer shares a refreshingly simple, mistake-proof roadmap to investing, starting with overlooked essentials like emergency funds, debt repayment, and free money from employers and governments. His four-step strategy helps you reduce risk, maximize returns, and avoid common traps that sabotage beginner investors. Read along with the original article(s) here: https://mrfiner.com/how-to-start-investing-simple-four-step-investing-for-beginners-guide/ Quotes to ponder: "Investing without having an emergency fund is like driving without seatbelts." "There is such a thing as free lunch; you just have to read your employer benefits document!" "Saving 30% in taxes is much easier and also much better than earning 30% in stocks." Episode references: I Bonds (U.S. Treasury): https://www.treasurydirect.gov/savings-bonds/i-bonds/ IRS - Retirement Topics 401(k) Contribution Limits: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-401k-and-profit-sharing-plan-contribution-limits HSA (Health Savings Account) Overview: https://www.healthcare.gov/glossary/health-savings-account-hsa/ Federal Student Aid - Income-Driven Repayment Plans: https://studentaid.gov/manage-loans/repayment/plans/income-driven The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Oh, that's my prime delivery.
0:01.6	What, already?
0:02.7	Only one thing can match the buzz of Prime's fast delivery.
0:06.2	And that's the buzz of Prime's entertainment.
0:09.0	What are we watching?
0:09.7	Heads of state, that new action comedy with Idris Elber as the Prime Minister,
0:13.3	John Sina as the president, and Priyanka Chopra Jonas, as their only hope.
0:17.0	It looks like a blast.
0:18.3	From fast delivery to explosive entertainment, it's on Prime.
0:22.5	For only 899 a month, join now. Content includes limited ads, subscription or to renews. For more
0:27.7	information, go to amazon.com.uk.U.K. slash prime. Race the rudder. Raise the sails.
0:33.8	Raise the sails. Captain, an unidentified chip approaching. Over.
0:38.3	Roger that.
0:39.3	Wait, is that an enterprise sales solution?
0:42.3	Reach sales professionals, not professional sailors.
0:46.3	With LinkedIn ads, you can target the right people by industry, job title and more.
0:51.3	To get £100 of your first campaign, go to LinkedIn.com slash lead to claim your credit.
0:56.8	That's LinkedIn.com slash lead. Terms and conditions apply.
1:00.9	This is Optimal Finance Daily. How to start investing. Simple four-step investing for beginners.
1:08.1	By Mr. Finer of Mr. Finer.com.
1:12.0	I made the common investing for beginners mistake. I started investing by buying and selling
1:18.2	stocks. Over the years, I've learned that buying stocks, mutual funds, real estate, etc.
	...

Transcript will be available on the free plan in 18 days. Upgrade to see the full transcript now.

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.