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The Investing for Beginners Podcast - Your Path to Financial Freedom

IFB59:Listener Q&A: DCA, Canadian DRIPs, Recent Negative Earnings

The Investing for Beginners Podcast - Your Path to Financial Freedom

Andrew Sather

Investing, Business

4.11.5K Ratings

🗓️ 17 May 2018

⏱️ 35 minutes

🧾️ Download transcript

Summary

Welcome to episode 59 of the Investing for Beginners podcast. In today's show, we take some listeners questions and tackle dollar cost averaging, DRIPs, and others. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is a Glass Fox Media Podcast.

0:06.4

You're tuned in to the Investing for Beginners Podcast.

0:12.0

Finally, Step-by-step premium investment guidance for beginners.

0:18.0

Led by Andrew Sather and Dave Ahern to decode

0:24.2

industry jargon silence crippling confusion and help you overcome emotions

0:30.5

by looking at the numbers.

0:37.0

Your path to financial freedom starts now.

0:46.9

All right folks, we're welcome to Investing for Beginners Podcast. This is episode 59. Tonight Andrew and I are going to answer some reader questions. He's gotten

0:52.2

some emails and we wanted to go take a moment

0:54.6

and read through those. We're going to read some stories and we're also going to

0:57.4

answer some questions. So I'm going to go ahead and start us off. So the first one I'm going to

1:02.4

read is from Anthony. The letter starts with

1:06.0

Andrew. I just wanted to express my gratitude for what you and Dave are doing

1:09.7

with your podcast. One of the things you both preach frequently is patience and resisting the fear of missing out.

1:16.2

This recently saved me a decent amount of money.

1:19.0

There was a stock that I really liked because it was selling in a bargain.

1:21.8

I mean, this stock looked great. I invested once a month

1:25.6

and researched during the time in between. About two weeks before I would normally make a purchase,

1:30.3

I noticed the price kept going up and going up. I felt like I needed to

1:34.2

buy in now or else I would lose potential gains. It took all of my willpower to

1:39.3

just hold off and wait until the month was up before buying in.

1:42.6

I'm sure you can guess what happened next.

...

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