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The Jesse Mecham Show

Investing 101 with Matthew: Terms You Need to Know

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 20 September 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

School is in session! Jesse teamed up with Matthew Amster-Burton (who you have heard on the Behind the Scenes series), a YNAB team member and former financial advisor, to create a short series demystifying the world of investing. For the first day of class, they cover some of the basic investing terms you will encounter.

 

YNAB is all about helping you save more money, but eventually some of that money has to go to work for you and earn a return. The return that your saved money can earn over time makes a huge difference in how much money you have in retirement. Armed with a little knowledge, you can start investing in your future you!

 

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Transcript

Click on a timestamp to play from that location

0:00.0

Hello Wine Aberers, my name is Jesse Meekam, and this is podcast number 529 for Wine

0:09.2

Aber, where we teach you four rules to help you stop a paycheck to paycheck, get out

0:12.2

of debt and save more money.

0:14.3

Today, I want to talk about saving money, specifically saving your money and then, well,

0:19.5

turning around and buying something immediately, what you would be buying is a little piece

0:24.1

of the action, some share of the productivity and profits of this glorious economy.

0:30.3

So immediately, after I thought maybe we would chat a little bit about investing for the

0:34.8

next two, three episodes, I thought, well, we need to have Wine Aber support specialist

0:42.0

superstar, Matthew Amsterburden, he is a former financial advisor and now works for

0:49.3

Wine Aber part time and, well, I'll let him intro himself on the podcast here, but he's

0:54.8

a Wine Aber team member and also extremely knowledgeable about investing.

1:00.0

So I had Matthew come on because I wanted to start at the bare basics, if the word

1:05.1

stock scares or confuses you, if you don't know what a bond is, if it sounds scary,

1:10.5

if you're confused by the alphabet soup that is 401k, IRAs, Roth, yadda, yadda, yadda.

1:17.1

If all of that just kind of just greek to you, then, well, let's get started.

1:21.7

So without further ado, here is my part one of two with Matthew Amsterburden, Wine Aber

1:26.9

team member and just a wealth of investment knowledge.

1:31.5

Here we go.

1:32.5

All right, Matthew, welcome to the Wine Aber podcast.

1:37.3

Thank you so much for having me.

1:38.5

So I'm super excited to have you here and people, you've been on the podcast before, but

1:42.1

probably not my name because it was like behind the scenes, like I recognize Matthew's

...

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