finances can be complicated but they don't have to be i break down financial topics that may seem

complex and overwhelming so you can start taking action on your financial goals i'm a

tally and it all starts here on Personal Finance Redefined.

Welcome back to another episode of the podcast.

It is Monday, which means there's another episode.

And if you're enjoying this, please, please go ahead and rate, review, subscribe, like,

all of that good stuff.

The more people that can listen to it, the more questions that come.

And the more questions that come, the more I really get to know what is you're looking for most help on. So that's why I love doing this, and I just want to say, I appreciate it. It's fun. It's almost created a little community, like I've said before, where a bunch of people are answering questions, and a lot of them, some comments I'll receive are just, I didn't even think

of that this question. It's almost a, you don't know what you don't know. So either way,

I really appreciate all of that. And today's episode, another listener question, how does the

stock market work? So oftentimes people ask me, isn't the stock market extremely risky? Isn't this

just gambling with our money? Is there a chance we could lose most of our money? Shouldn't we just market extremely risky? Isn't this just gambling with our money?

Is there a chance we could lose most of our money?

Shouldn't we just play it safe?

These are all questions that prospects, as well as clients I have, have asked me.

So these questions I get over and over, and it makes perfect sense, until you take a step back.

But without looking under the hood, yes, it is scary. It's scary because you ultimately don't know what your money is being invested in and where it's going. So when your money's at the bank, you can see it. It is safe. You can say, hey, go get me my $20,000 I just put in. Well, they can give it right back to you. There's a security and a safety

with that. Now, there's also a risk that I'll talk about down the line of purchasing power and

how inflation plays a role. But first, before I didn't get in any of that stuff, what is the stock

market and how does it work? Let's keep it simple. Well, I'll answer that in a second because first we need to know

why are we investing? People hear me talk about this a lot. We're not investing because we want to

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