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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: A Guide to Getting Started in Investing w/ Stig Brodersen

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 15 March 2024

⏱️ 57 minutes

🧾️ Download transcript

Summary

Robert Leonard talks with Stig Brodersen. Stig is Co-Founder and Co-Host of We Study Billionaires by The Investor’s Podcast Network, a best-selling author, and a former college professor. He has successfully grown We Study Billionaires to the #1 stock investing podcast in the world, while building a platform that is also a leading authority in stock investing. IN THIS EPISODE, YOU’LL LEARN 00:00 - Intro 01:46 - How to pick a brokerage company to invest with. 06:23 - What stocks, ETFs, mutual funds, bonds, commodities, and options are. 10:17 - How to keep your emotions in check and set realistic expectations. 27:36 - How to actually buy and sell stocks and funds. 35:29 - Different investment strategies that can be implemented.  49:38 - How and why compounding is so important for millennial investors. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Money Under 30 Compounding Example. Recommended Book: I Will Teach You To Be Rich by Ramit Sethi. Recommended Book: The Little Book of Common Sense Investing by John Bogle. Recommended Book: The Education of a Value Investor by Guy Spier. Recommended Book: The Dhandho Investor: The Low-Risk Value Method to High Returns by Mohnish Pabrai. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TIP.

0:02.1

Hey guys, on today's show, we're resharing some of my favorite episodes from the past for a few reasons. First, we get a lot of new listeners each week, so new listeners may never have heard this episode before. Two, even if you've been listening for a while, you may have missed it when it first came out. And three, even if you've heard it before, it can be a great episode to reinforce your learning.

0:21.4

If you're not interested in this episode, no worries you can pick back up with us next week

0:25.7

with a brand new episode.

0:27.3

Everything going forward is from the original episode, and I hope you guys enjoy this one.

0:34.2

My name is Dick Broderson, host of We Study Billionaires by The Investors Podcast Network.

0:39.5

I'm honored to welcome you to our new show, Millennial Investing.

0:43.9

Your host of the show is Robert Leonard, a highly successful millennial stock and real estate investor,

0:49.4

who holds an MBA in finance and accounting.

0:52.5

On millennial investing, Robert will every week talk to successful entrepreneurs, business leaders

0:57.4

and investors in aims to help educate and inspire the millennial generation.

1:02.9

On today's show, we talk about the best practices and provide step-by-step guidance for

1:08.5

millennials who like to invest in financial markets, but I'm not

1:11.9

really sure how to get started.

1:15.3

You're listening to Millennial Investing by the Investors Podcast Network, where your host, Robert

1:21.1

Leonard interviews successful entrepreneurs, business leaders and investors to help educate and

1:26.6

inspire the millennial generation.

1:37.1

Hey everyone. Welcome to the show. I'm your host, Robert Leonard, and I'm excited to have Stig

1:42.0

Broderson from We Study Billionaires by the Investors Podcast Network with me today as my co-host. Welcome to the show, Stig. Thank you, Robert, for letting me co-host the very first episode of your new show. I also know that Preston is very excited about co-hosting this second episode with you. And I just quickly wanted to say to your listeners that Preston I would only co-host the very

2:01.5

first two episodes. And then you, Robert, will host the show alone. And the format of the show is to invite

2:07.4

guests who can teach all of us millennials with a long time horizon how to best invest our money

2:13.2

and time. But hey, let's jump right to today's episode. Sure thing. So I want to start this episode

...

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