Investing in the Stock Market Explained: A Guide For Beginners

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 5 March 2024

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

I’m running a 5 Day Investing Challenge, where you will learn how you can make your first $10,000 with investing! This is totally FREE to join. Go to https://erika.com/invest and you can secure your spot! #74: Brian Feroldi, financial educator, YouTuber and author of the bestselling book “Why Does The Stock Market Go Up?”, guides us through the essential parts of investing in the US stock market and the psychology behind investing. You’ll also learn: The definition of a stock Why stocks go up and down How to start investing Three reasons why the stock market will always recover through bad times Special thanks to our partners & sponsors: Hostinger: Use ERIKA10 to get 10% off a website and a free domain name at https://hostinger.com/erika10 Download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance - absolutely free, here - https://NetSuite.com/ERIKA Webull (free stocks) - https://erikataughtme.com/invest Brian Feroldi has created a 5-day email-based course where you will receive one investing lesson per day. Find the course at https://stockinvesting.school If you want to learn more investing tips, Jeremy Schneider's "How To Invest for Beginners (Step by Step)" episode would be perfect for you! https://erika.com/jeremy-schneider Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions? Watch the episode on YouTube here: https://youtu.be/gA-XywdLasE After knowing how to budget, it's perfect to know how to invest your money with Jeremy Schneider. We recommend to watch this episode for better understanding. Listen or watch here: https://erika.com/jeremy-schneider Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠ https://erika.com/review : (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ https://www.instagram.com/erikankullberg For more information, go to⁠ https://erikataughtme.com Get on my personal finance & investing course priority waitlist here https://erika.com/3D-money Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it https://erika.com/mastering-YT ⁠Get more of my free resources. https://erika.com/all-links

Transcript

Click on a timestamp to play from that location

0:00.0	The psychology of investing is really driven by two fundamental things. Fear and greed. Humans are naturally born to be bad at investing. We are psychologically born to mimic what other people do,
0:15.0	take our cues from what we see around us.
0:17.4	We respond much stronger in the short term
0:20.1	to fear than we do to anything else. This is why for most people the standard advice of
0:26.2	dollar cost average into index funds over a period of years works so well because it takes the psychology out of the equation.
0:35.0	Brian Ferraldi is a financial content creator and author who has written more than 3,000 articles
0:40.7	covering personal finance, investing in stocks.
0:43.8	After spending countless hours educating himself with all of the materials he could find,
0:48.2	Brian realized that his true purpose was to become a financial educator. The U.S. stock market is essentially a
0:54.7	miracle wealth creation machine, especially nowadays because you can put money into the
1:00.8	market on a consistent basis for essentially free and you can do it with
1:06.4	any amount of money.
1:07.6	That is truly a miracle because that was literally impossible to do 20 years ago. but I believe that 99% of people out there that want to invest
1:16.2	into the stock market should just put dollar-cost average into ishs and call it a day.
1:21.5	I'm Erica Kohlberg and you're listening to the Erica Tautme podcast.
1:26.0	Hey everyone it's Erica.
1:29.0	This week's episode with Brian is so good.
1:32.0	I can't wait for you to hear it but before we get into it I
1:35.0	want to offer you a challenge. More specifically I want to invite you to my
1:39.6	one of a kind five-day challenge where I'll be sharing how you, along with thousands of others,
1:46.7	can start investing with confidence.
1:49.7	You're probably thinking, Erica, I've never invested, or I don't have a ton of money lying around but that's
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Erika Kullberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Erika Kullberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.