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Life Kit

Investing for beginners

Life Kit

NPR

Business, Health & Fitness, Education, Kids & Family, Self-improvement

4.54.9K Ratings

🗓️ 19 February 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

You don't need to be an expert to grow a nest egg. We'll cover how to build your portfolio, when to sell (or not sell) stocks and how to avoid fees.

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Transcript

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0:00.0

Support for NPR and the following message come from SAP Concur, a leading brand for integrated travel expense and invoice management solutions.

0:08.5

With SAP Concur solutions, you'll be ready to take on whatever the market throws at you next.

0:14.0

Learn more at concur.com.

0:16.0

You're listening to Life Kit

0:18.0

from NPR.

0:22.0

Hey everyone, it's Stacy Vanick Smith in for Mary L. Segara. If you happen to

0:26.3

have some cash left over after you've paid all of your monthly expenses you

0:31.8

might want to think about how you can use that money, maybe use it for

0:35.5

some long-term goals, maybe invest it. Of course the whole term investing can make people

0:41.0

feel overwhelmed and intimidated.

0:43.0

And if you are feeling those feelings,

0:45.0

and PRS Chris Arnold and Life Kit listener Lindsay Got it

0:47.8

say you are not alone.

0:50.1

I don't even know where to investments. That's probably it, right?

0:57.4

Those rare moments, if you even look at your retirement accounts, if you even have a retirement account,

1:02.2

you see the tangala graphs and ticker symbols of funds that somehow I guess you ended up with.

1:07.5

International FID Diversified AF cap. World, small cap.

1:13.0

But I promise that you too, once you know a few basic principles,

1:18.0

you're going to get this.

1:19.0

What?

1:20.0

I mean, really get it.

1:22.0

I need to learn this stuff better. That's okay a lot of people do we're

...

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