514: Best of 2016, Investment Advice
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 28 December 2016
⏱️ 22 minutes
🧾️ Download transcript
Summary
It's our last installment of our 2016 highlights. This has been really fun, going back and listening to some of the top interviews of the past year. Today, we’re going to end with the theme of investing. We’ve talked a lot about this on the show. Our motto here is, “boring is better." Don’t try to game the system or beat the market. It’s better to just focus on the investments that are going to yield a positive return over the long run and won’t cost you a lot to invest along the way. Low fees are really the key.
Many of you write in to Ask Farnoosh about investing, how to do it and just even where to get started. It’s a topic that a lot of our guests, when I ask the question, “What’s one thing you wish you knew about money growing up?”, say they wish they knew more about investing. I’ve had guests on the show this year try to break it down for us in a way that’s digestible and easy to understand.
In our look back we'll hear from:J L Collins, Author of The Simple Path To Wealth interviewed in EP 433Sallie Krawcheck, Co-Founder and CEO of Ellevest interviewed in EP 349Ric Edelman, Author of Rescue Your Money interviewed in EP 481Dan Ariely, Professor of Psychology and Behavioral Economics interviewed in EP 462 For more information visit www.somoneypodcast.com.
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Transcript
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| 0:00.0 | So Money Episode 514, 2016 Year in Review, Secrets to Investing Success. |
| 0:05.6 | You're listening to So Money, with award-winning Money Guru Farno Shkorabi. |
| 0:11.6 | Each day, get a 30 minute dose of financial |
| 0:14.6 | inspiration from the world's top business minds, authors, influencers, and from |
| 0:19.3 | Farnusel. Looking for ways to save on gas or double your double coupons. |
| 0:25.0 | Sorry, you're in the wrong place. |
| 0:27.0 | Seeking profound ways to live a richer, happier life. |
| 0:30.0 | Welcome to So Money. |
| 0:39.0 | Welcome back to So Money. It is our last installment of our 2016 highlights and this has been really fun going back and listening to some of the top |
| 0:42.4 | interviews of the past year |
| 0:44.0 | talking about entrepreneurship and health and wellness as well as negotiating if |
| 0:50.2 | 2017 is going to be the year that you start a business or ask for more on the job or just get healthier so that your whole life, your finances can also improve, |
| 1:00.0 | go back and listen to our episodes starting from last Monday. We've worked hard to |
| 1:04.5 | curate these episodes to bring out some of the best advice that has been shared on |
| 1:09.2 | this show over the last year and today we're going to stick to the theme of investing. We've talked a lot about |
| 1:15.3 | investing on the show. Our motto here is Boring is better, you know, don't try to game the system or beat the market it's better to just |
| 1:24.8 | focus on the investments that are going to over the long run yield a positive return |
| 1:29.5 | and along the way won't cost you a lot to invest. Low fees is really the key. So many of you write in to ask |
| 1:35.4 | Farnoosh about investing, how to do it, and just where to get started. It's a topic that a lot of |
| 1:40.4 | our guests, when I ask the question, what's the one thing you wish you knew about money growing up, |
| 1:45.0 | say they wish they knew more about investing? |
| 1:48.0 | I've had guests on the show this year try to break it down |
... |
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