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Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

Investing In The Age Of Anxiety With The Broke Millennial

Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

Listen Money Matters

Careers, Business, Investing, Education

4.42.3K Ratings

🗓️ 15 April 2019

⏱️ 61 minutes

🧾️ Download transcript

Summary

Fear and anxiety are two different things. Some of us fear investing because we don’t know how to invest and that’s understandable. Investing can be intimidating. It has a language all its own which seems foreign to beginners. There are plenty of people who have a vested interest in making it seem more complicated than it is. If you don’t think you can possibly understand how investing works and how to invest successfully, you are more willing to pay someone else to do it for you. And perhaps the reason we fear investing most, it’s our money on the line. If you get it completely wrong, you can lose money, a lot of it. People who are anxious about investing don’t necessarily fear it. They speak the language, they’ve educated themselves on how to invest well, and they understand that while you can lose money, over the long haul, you make money when you invest. The anxiety is tied to the things going on around us that we can’t control. A recession is coming and probably sooner rather than later. Many investors in their 30s and 40s remember the impact of the last big recession all too well. Jobs lost, homes lost, retirement savings decimated. Automation is going to eliminate not only jobs but entire industries. And wages have been stagnant since the 1970s. When you put all of these things in a big pile, well, you can see why people might feel anxious. But we have to overcome our anxieties just as we have to overcome our fears. Investing in the age of anxiety is tough, but we can do it. Full Article Here Show Notes Goose Island Bourbon County Brand Stout: Aged in Bourbon barrels Aun Mas Cafe Jesus: Evil Twin Brewing Broke Millennial: Where you can find all things, Erin Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey guys, I wanted to share something new I've been working on.

0:05.7

It's called Seeking Profit and it's a podcast where we talk about the second phase of my

0:10.2

personal finance journey building online businesses.

0:13.9

These businesses earn money while I sleep and have detached my time from my income.

0:19.2

Since 2013, I've generated millions in revenue with these websites.

0:24.2

I felt it was long overdue to create a show in Listen Money Matter Spirit that taught the

0:29.6

ins and outs of online business building.

0:31.5

This is my biggest passion and if you're interested in coming along for the ride,

0:35.7

just head over to SeekingProfitShow.com or search for Seeking Profit on YouTube or your favorite podcast app.

0:43.4

We're Seeking Profit!

0:50.2

Hey everybody and welcome to Listen Money Matters!

0:52.4

How did you go bankrupt?

0:53.6

Phil asked two ways.

0:54.7

Mike said, gradually and then suddenly, my name is Matt and I'm here as always with Andrew

0:59.1

Andrew, how are you and what are you drinking?

1:01.6

I didn't know if you'd be able to nail that but...

1:04.0

Nailed it dude.

1:05.3

Professional.

1:07.0

I'm drinking this beer, I pulled it out.

1:09.2

I didn't even know you could read it when I got it out and you're like, oh my god,

1:12.0

I just saw the tip when you pulled it out and I was like, I know what that is.

1:16.8

No, anyone?

...

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