IFB63:Personal Finance 104: Designing Your Investment Lifestyle
The Investing for Beginners Podcast - Your Path to Financial Freedom
Andrew Sather
4.1 • 1.5K Ratings
🗓️ 26 June 2018
⏱️ 31 minutes
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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. |
| 0:46.6 | All right folks, we're welcome to Investing for Beginners Podcast. This is episode 63. Tonight we're going to continue our discussion on personal |
| 0:51.1 | finance. This is personal finance 104 and tonight we're going to talk |
| 0:54.8 | about designing your investment lifestyle. So we're going to talk a little about picking an investment |
| 0:59.3 | strategy and different areas of that. I know Andrew had some things you wanted to start off with, so why don't I turn it over to him? |
| 1:06.0 | Yes, so last week we talked about budgeting. The next natural step is figuring out what to do once you have that extra money. So like Dave |
| 1:15.2 | mentioned you're going to want to have to pick an investment strategy you want to |
| 1:18.9 | look around and really try to understand, not just pick a strategy just off the onset just because it sounds good, but try to understand what's going to fit. |
| 1:31.0 | So that might entail looking at a couple of |
| 1:35.1 | different things before you really make a decision. And I'll kind of explain why, but |
| 1:40.7 | there's a lot of different ways you can invest money. |
| 1:45.0 | We covered this in our back to the basics, part three, |
| 1:47.9 | where we talked about stocks versus other investments. |
| 1:51.3 | We've talked in the past about how we're both adamant value investors and why we kind of why we tilt that way and why we recommend that investors try to model portfolio |
| 2:07.0 | value-based approach, |
| 2:08.0 | trying to buy low, trying to buy businesses that are trading |
... |
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