Breaking Down Investing Taboos with Taylor Schulte & Ask Shannah – What Do I Need to Know About Life Insurance

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 5 March 2018

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

There are a lot of taboos when it comes to investing. I must be rich to start investing, or I’ll lose all my money if I start investing, or I don’t have a clue where to start investing…so I’ll be fine if I never do. Those may seem silly, but we all have our own taboos when it comes to investing – the good and not-so-good ones. So, let’s dig in and see if we can’t demystify some of those common taboos and help you find your own sweet spot when it comes to investing. On This Podcast Episode: Taylor R. Schulte, Founder of Define Financial, podcast host of Stay Wealthy San Diego and a fellow CERTIFIED FINANCIAL PLANNER™ is joining me in this episode to talk about– no, completely and utterly demystify- the five most common investing taboos: Taboo 1 - I can’t invest in the stock market if I have other debt (student loan, credit card, etc.) Taboo 2 - I must invest too much of my salary each month to make a difference - so why invest Taboo 3 - The market is at all-time highs. I'm going to wait to invest until there is a market correction and I can buy at a lower price because I don’t want to lose my money Taboo 4 - I must be an investing expert to put together a solid portfolio that works for my risk tolerance (strike up a discussion about what someone should be looking at when they are evaluating mutual funds or stocks for their portfolio) Taboo 5- I can just invest in cryptocurrency and don’t have to invest in anything else Shout Out to Our Episode Sponsor: It’s your turn to start investing. Robinhood is giving listeners of Millennial Money a FREE stock like Apple, Ford, or Sprint to help you build your portfolio. Sign up at mymoney.robinhood.com. Thanks for Tuning In: Thanks for tuning in to listen to this episode of Millennial Money. Every listen means so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast. Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome! Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Brunch Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun! Want More: Shannah on Twitter Shannah on Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.1	18 plus subscription required season C's apply.
0:30.1	Ready to launch your business?
0:31.7	Get started with the commerce platform made for entrepreneurs.
0:34.9	Shopify is specially designed to help you start, run and grow your business
0:39.0	with easy customizable themes that let you build your brand, marketing tools that get your
0:43.8	products out there. Integrated shipping solutions that actually save you time, from startups to
0:48.6	scale ups, online, in person and on the go. Shopify is made for entrepreneurs like you.
0:54.6	Sign up for your $1 a month trial at Shopify.com slash setup.
1:01.1	Forgot your wallet?
1:02.5	No problem.
1:04.7	With Samsung Wallet, everything you need is already on your phone.
1:08.6	Store your loyalty cards, earn rewards when you spend, and keep your travels smooth
1:12.7	with boarding passes and train tickets ready to go.
1:16.1	You can even tap in on public transport, no unlocking, no digging around.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Shari Rash, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Shari Rash and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.