4.8 • 883 Ratings
🗓️ 12 February 2018
⏱️ 9 minutes
🧾️ Download transcript
Learn how and where to begin investing and why it shouldn't be with individual stocks.
This is a listener question from Instagram.
She said, "I'm listening to all the podcasts, reading all recommended books (and then some) but I get stuck with hoarding knowledge/questions and not actually taking action. Still trying to figure out how to read charts, prospectuses, where do I go for p/e ratios, and what are all those other #'s and %'s, etc.?
There's the investor part of this question and the mindset part, so I'll cover both.
If you'd like to get a short wealth building idea from me each week, sign up for "11 Quick Financial Tips to Boost Your Wealth" at www.lindapjones.com.
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0:00.0 | Be Wealthy and Smart, episode 376. |
0:03.0 | I'm gonna live no rich life. |
0:06.0 | Rich life. |
0:08.0 | I'm pulling that's life. |
0:10.0 | If y'all know what I mean, put your hands up and declare with me |
0:13.8 | Yeah, I'm full of back time I'm gonna live the good life I'm gonna live the good life |
0:21.3 | and you're gonna glorious like Step into a world of wealth and financial freedom without budgets, boredom or bosses on be wealthy and |
0:30.3 | bosses on be wealthy Wealthy and Smart. And now here's your host, Linda P. Jones. |
0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor. |
0:42.0 | Empowering women and men worldwide to financial freedom. |
0:46.2 | On today's show, we're going to talk about how to get a mindset for investing. |
0:52.0 | And this comes from a listener question actually from |
0:55.4 | Instagram. So she said I'm listening to all the podcasts reading all |
1:00.9 | recommended books and then some but I get stuck with hoarding |
1:04.8 | knowledge slash questions and not actually taking action. Still trying to |
1:10.0 | figure out how to read charts, prospectuses, where do I go for PE ratios, and what are all |
1:15.8 | those other numbers and percentages, etc. |
1:19.8 | Well, good questions. You know, I get the feeling that a lot of people are inspired by my story of how I was an investor in mutual funds in the past for a long long time and then I bought how to make money |
1:35.9 | in stocks by William J. O'Neill and that was really the turning point for me. |
1:40.6 | And I know that a lot of people have actually gone and bought that book and tried to start investing in individual stocks. |
1:48.0 | And they might not have any investing experience yet. |
1:51.0 | So trying to start out with individual stocks is really a hard thing to do and |
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