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Money Rehab with Nicole Lapin

How Spicy is Your Investment Strategy

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 2 June 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

How risk-tolerant are you? From 401k’s to the stock market, take our handy quiz and follow your gut when it comes to investments. Your instincts can help get you where you want to be, financially, in the long run. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey guys, are you ready for some money rehab?

0:05.0

Wall Street has been completely upended by an unlikely player. Game stop.

0:09.0

That's a good thing.

0:10.0

And should I have a 401k because then I can do it? No, I know.

0:15.0

I think the whole world will revolve around you on your money. Well it doesn't.

0:19.0

Charge for wasting our time.

0:23.0

I will take a check.

0:25.0

I got a full scoop.

0:27.0

You recognize her from anchoring on CNN, CNBC, and Bloomberg.

0:31.0

The only financial expert you don't need a dictionary to understand.

0:35.0

The cold lap in.

0:37.0

Since I posted my listener intervention with Angelica on saving for retirement.

0:42.0

I've been getting so many DMs from listeners saying that they've signed up for retirement accounts.

0:47.0

Yay! It makes my heart so so so happy.

0:50.0

I've gotten a couple of messages from people asking about the risk assessment questions

0:54.0

that also come up when you're signing up for a retirement account.

0:58.0

So here's one from Money Rehab or Abbey.

1:00.0

Hi Nicole.

1:02.0

I went to sign up for my company's 401k online.

1:06.0

And just as I was clicking through, there were questions about my risk tolerance that I had to answer.

1:13.0

And I was wondering how I figure out what my risk tolerance is.

1:19.0

And also I guess I'm not totally sure what risk tolerance even means.

...

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