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The Investing for Beginners Podcast - Your Path to Financial Freedom

Back to Basics: What is Your Dream? What is Your Why?

The Investing for Beginners Podcast - Your Path to Financial Freedom

Andrew Sather

Investing, Business

4.11.5K Ratings

🗓️ 7 March 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

Welcome to the "Investing for Beginners" podcast, where we dive deep into the world of investing. In this episode, Dave and Andrew discuss the crucial aspect of knowing your "why" when it comes to investing. They emphasize the importance of understanding your motivations and goals before diving into the stock market. The hosts share their personal experiences and provide practical tips for listeners to define their own "why." From setting a commitment to investing to the power of compound interest, they unpack the fundamental steps for creating a strong foundation in investing. Join us as we explore the significance of having a clear vision and purpose in your investment journey. 00:00 Approach stock trading based on your goals. 04:12 Importance of having a plan and motivation. 08:00 Manage risk, choose real estate or stocks. 10:15 Diverse ways to grow wealth and invest. 15:44 Inspiring people to achieve financial freedom. 19:09 Share with close ones to be accountable. 20:04 Start with $50, grow over time. For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com  Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:29.0

Love this podcast because it crushes your dreams and getting rich quick.

0:35.2

They actually got me into reading stats for anything. You're tuned in to the

0:39.5

Investing for Beginners Podcast led by Andrew Sather and Dave Ahern.

0:45.0

Step-by-step premium investing guidance for beginners.

0:49.0

Your path to financial freedom starts now.

0:52.8

Starts now.

0:53.8

Starts now.

0:55.0

All right, folks, welcome to Investing for Beginners Podcast. Today we are going to start something new.

1:09.0

Andrew and I have created a 20-part series on Back to the Basics. We're going to give you a guide post, a map, a process that you can follow as you start to invest.

1:22.4

And so every week we're going to as you start to invest.

1:23.0

And so every week we're going to have one episode that's going to focus on back to the

1:28.0

basics.

1:29.2

So with that, why don't we go ahead and dive in on our first back to the basics? So this one is going to be titled,

1:36.0

What is your dream? What is your why? So Andrew, maybe do we want to explain why we want to talk about what is our why or what our dream is?

1:44.8

Yeah, perfect. What is our why? Why don't we why? Why are we going to the why? Why are we going to the why? Why are we going to the

1:51.4

why? When I first started investing and I'm sure for a lot of

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