Opt Into Financial Wealth - Part 2
Black Girl Burnout
Kelley Bonner
4.7 • 762 Ratings
🗓️ 1 May 2024
⏱️ 19 minutes
🧾️ Download transcript
Summary
In this episode of the Black Girl Burnout podcast, host Kelly engages with guest Dominique Broadway to discuss investing, particularly aimed at Black women who find the subject intimidating or mysterious. Dominique shares her journey into investing from an early age and emphasizes how simple and approachable it can be to start building a wealth portfolio through investing in stocks of companies one loves and frequents.
She breaks down the process of selecting stocks, opening a brokerage account, and the concept of fractional shares, making it clear that one does not need large sums to begin.
More, more, and still more is within your reach in 2024. Tune in today and prepare yourself to engage in realistic strategies that can help you with opting into a life filled with abundance and joy.
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Transcript
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| 0:00.0 | Welcome to the Black Girl Burnout podcast. |
| 0:12.1 | Kelly here. |
| 0:13.1 | And today we are continuing our conversation with Dominique Broadway. |
| 0:17.4 | This episode is incredible. |
| 0:20.6 | If you can, grab a pen and paper because you're going to need it or save this episode for later, |
| 0:25.5 | because Dominique goes over how to start investing in such an easy way that you should be able to finish this episode and immediately open an account and start making your |
| 0:40.1 | first stock purchase. If you are someone who's been investing for a while, you will really love |
| 0:46.8 | Dominique's hands-on approach, particularly if you're like me and I'm a robo investor, my investments |
| 0:52.9 | are with a company. Dominique makes it so accessible for you to like me and I'm a robo investor, my investments are with a company. Dominique makes it so |
| 0:55.4 | accessible for you to start moving and buying stocks for yourself right now. This is an incredible |
| 1:03.8 | episode you don't want to miss. Let's go right into the conversation and hear from Dominique |
| 1:09.2 | how to get started on investing. |
| 1:15.5 | Okay, we are back with Dominique. I want to keep the conversation going by transitioning into |
| 1:21.1 | investing, which I think for a lot of black women are a mystery. It is a mystery. |
| 1:26.6 | And so if you could get started today with |
| 1:29.6 | building a wealth portfolio, making that wealth decision, how does investing factor into that? |
| 1:36.3 | Yeah. So investing is, I mean, maybe I'm a little biased, but I think one of the most important |
| 1:40.9 | things that we can do as black women. It's so simple to do, and I'll tell |
| 1:48.0 | you how to do it in a second, but it's a very simple thing. And it's something that I originally got |
| 1:52.1 | really intrigued with the world of investing. Like when I was in my teens, I realized really early |
| 1:56.5 | on that I did not want to always have to work like trade hours for dollars. You know, working at like Macy's or Target and things like that when I was younger, getting paid five, six, seven dollars an hour. I'm like, this cannot be the end all be all. Obviously, I knew I would go to college and make more money, but I was really intrigued to figure out how wealthy people were, one, getting wealthy, but also growing their wealth. It was pretty much three ways. It was real estate, investing, and entrepreneurship. I had already down with an |
| 2:22.0 | entrepreneurship. I didn't have enough money to buy a house. I figured I really just dive into the |
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