Big Investing Mistakes, Financial Media, and More With Caleb Silver
Stay Wealthy Retirement Podcast
Taylor Schulte, CFP®
4.7 • 678 Ratings
🗓️ 20 April 2021
⏱️ 37 minutes
🧾️ Download transcript
Summary
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Today I have a special episode for you.
I'm sharing a sneak peek into an incredible new project launched by Tyrone Ross. (You don't want to miss this.)
I'm also joined by Caleb Silver, Editor in Chief for Investopedia.com.
We talk about three big things:
- How he thinks about the media's role in financial content and education
- The biggest investing mistakes readers made in the last 12 months
- What you need to know about fractional shares, limit orders, and SPACs (in plain English!)
If you want to learn how to be a better investor from the person leading the charge at one of the largest financial information websites, you'll love this episode.
Transcript
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| 0:00.0 | The gap in financial literacy is such a pain point for us as Investopedia because that's what we're here for. |
| 0:05.4 | That's why we exist and that's really what gets me up every morning. |
| 0:11.1 | Welcome to the Stay Walthy podcast. I'm your host, Taylor Schulte, and today I've got a really special episode for you. |
| 0:17.6 | I'm joined by Caleb Silver, the editor-in-chief of investopedia.com, which is one of the largest |
| 0:23.6 | financial information and educational websites on the internet. But before I get to that interview, |
| 0:29.9 | I want to share a project with you that Caleb and a number of other people recently helped |
| 0:35.1 | with called Learn to Money. Learn to Money is owned, |
| 0:39.2 | created, and hosted by my friend Tyrone Ross, who you might remember join me on the podcast last |
| 0:45.7 | June. Tyrone is one of the kindest, most inspiring, giving, and motivating people I know, |
| 0:52.5 | and a lot more people around the world are going to get to |
| 0:55.4 | know this amazing human very, very soon, not only because of the Learn to Money project, |
| 1:01.4 | but also because he just delivered his very first TED talk, which I cannot wait to watch, |
| 1:07.5 | and he has some really big projects up his sleeve. But in short, learn to money is a 10-episode |
| 1:14.1 | foundational video curriculum that is aiming to help close the financial literacy gap and improve |
| 1:20.4 | financial education around the world, especially in schools and especially for underprivileged |
| 1:26.5 | youth. The very first video was recently published, |
| 1:29.9 | and while the audio probably doesn't do the video justice, it's just too good not to share |
| 1:35.4 | with everybody. So turn your volume up and enjoy this gem. |
| 1:44.0 | Like many of you, I grew up in a home that had to operate outside of the traditional financial |
| 1:48.9 | system. You cash checks at a check cash in place as opposed to the bank because there's no bank |
| 1:53.4 | account or having to use payday loans so that you're able to eat or pay to rent. All I knew |
| 1:58.2 | about money is that it was scarce. It was something that was in one hand |
... |
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