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Money Tree Investing

Exploring Business Cycles with Liz Young: Insights for Young Professionals

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 21 June 2024

⏱️ 74 minutes

🧾️ Download transcript

Summary

Today we discuss the financial industry and the cycles of business. We have Liz Young from SoFi here to discuss her role in producing investment-related content across various platforms. The strategist shares insights into her career journey, emphasizing the importance of being open to unexpected opportunities.

Liz advises young professionals to explore different roles to discover their interests. We also talk market dynamics, Fed policies, and inflation! Join us as we discuss...

  • Investment-related content across various platforms for SoFi.
  • Macroeconomic trends and their impact on capital markets.
  • The importance of seizing opportunities in one's career.
  • The significance of workplace environment and personal skills for career satisfaction.
  • Embracing discomfort and learning from mistakes early in one's career.
  • The unpredictability of the finance industry and the need for resilience.
  • The influence of market conditions on personal happiness and resilience.
  • Considering the business cycle as a mental model for navigating market volatility.
  • The challenges of identifying the current phase of the business cycle.

Today's Panelists:

 

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Transcript

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0:00.0

Welcome to the Money Tree Investing Podcast.

0:04.0

Stock market, wealth, personal finance, value stocks, invest in your life.

0:11.0

Hello, Smart Money Tree Podcast listeners. Welcome to this week's show. My name's Kirk Chisholm and I'll be your host. So today, I'm joined with Liz Young. How you doing today, Liz?

0:18.9

Hello. Thanks for joining us. Happy to have you on the

0:21.7

show here. So for the listeners who don't know you, maybe you can tell us a bit about yourself

0:25.8

in your background. I run investment strategy at SOFi. For those of you not familiar with SOFI,

0:31.6

it is a financial technology company, financial services. We offer products across the spectrum, across an investors and a

0:39.6

banker's lifespan to help everybody at different stages of their life. And it's an app-based platform.

0:45.9

It's a very progressive company and one that I'm really excited to work for. I've been here about

0:49.9

three years. What investment strategy means along that vein is that I produce all of the content

0:56.1

related to investments for the company across multiple platforms. So I take basically what's

1:01.8

happening in the macro environment, distill it down to what that means for capital markets,

1:06.7

and talk about how that can affect your portfolio in particular.

1:12.0

I do podcasts.

1:12.7

I do broadcast.

1:13.7

I do radio.

1:14.9

I do everything.

1:15.4

I write.

1:20.5

We've got social media content that goes out on a daily basis, just keeping people in tune with what's happening with the data releases, what's happening with market moves,

1:24.7

and our thoughts and thought leadership on what we see coming ahead.

1:29.3

Wow, that's a lot. Do you have any time to eat? Occasionally. Occasionally I eat. Yes.

1:35.2

Well, good for you. So tell us, how did you really get started in this field? I've known about

...

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