400: 5 Reasons Why the Stock Market is Important to Your Wealth

Be Wealthy & Smart

Linda P. Jones

Finance, News, Invest, Investing, Economy, Money, Financial, Business News, Business

4.8 • 883 Ratings

🗓️ 20 April 2018

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Learn stock market investing insights and why investing is important to you becoming financially free.

Investing in the stock market doesn't have to be difficult. It is very important for you to know how to invest
in the stock market in order to achieve financially independence.

Here are the reasons why you should know how to invest in the stock market:

1. It's affordable. It has low account minimums: $0, $0 for IRA’s, or $500.

2. It has low fees like $5.95 or $6.95 a trade. Low internal fees. For example, SPY has a .09% expense ratio.

3. It is easy to invest. Little knowledge is required to invest like a pro.

4. Long-term performance will average around 10% annually. Everyone needs a money engine.

5. You need to have higher rates to compound to become financially free.

Investing in the stock market does entail risk. The stock market drops 20 - 30% every 5 or 6 years. Expect it and plan for it. One way is to invest 1/12th per month and dollar-cost-average into the stock market.

I'm excited to celebrate my 400th podcast! All of my podcasts are listed on http://lindapjones.com in the podcast tab. They are evergreen so the mentoring is relevant all the way back to podcast #1.

Transcript

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0:00.0	Be wealthy and smart episode 400 If y'all know what I mean put your hands up and declare with me
0:13.2	Yeah, I'm full of bed e'e'e I'm gonna live a good life
0:20.1	a beautiful and glorious night Good Life.
0:25.0	Step into a world of wealth and financial freedom without budgets, boredom or bosses, on
0:31.2	Be 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.
0:41.0	Empowering women and men worldwide to financial freedom.
0:45.0	On today's show we're going to talk about five reasons why the stock market is important to
0:49.9	your wealth.
0:50.9	But first I want to say thank you so much because this is episode 400.
0:57.0	Oh my gosh I cannot believe I've done 400 podcasts and I hope that you've enjoyed them. I hope that you have a chance to go back and listen to a lot of them.
1:09.0	All of the episodes are listed on my website at linda pejones.com under the
1:14.0	podcast section in case you can access them all through iTunes or Stitcher
1:18.5	Radio. There's so much information and knowledge and wealth building, financial freedom, training, mentoring.
1:27.4	I hope that you will go back and listen to more.
1:30.8	But for today we're going to talk about five reasons why the stock market is important to your wealth.
1:36.0	And I think for the 400th episode I wanted to do a topic that was really important to your wealth building and really just hit the ball out of the park to you in terms of why you need to be investing in the stock market.
1:51.0	Because many people are not invested in the stock market. Many people are in
1:56.6	cash in their portfolio or are just not participating in the stock market and that's such a huge mistake if you want to become
2:05.3	financially free. So here are the five reasons why investing in the stock market is so
2:10.4	important to you for your financial freedom.
2:13.0	Number one, it has very low account minimums.
	...

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