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Money Tree Investing

Personal Finance Podcast Interview with Andrew Giancola

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 16 February 2024

⏱️ 51 minutes

🧾️ Download transcript

Summary

This week we interview Personal Finance Podcast host, Andrew Giancola. We discuss everything you need to know about investing and money... and other stuff.

We discuss...

  • Perspective of buyers and sellers- balance of what you are trying to accomplish
  • Diversification of income streams
  • Systems and processes are important
  • Quality of books
  • Quality of due diligence
  • Real estate vs businesses
  • And so much more...

Today's Panelists:

 

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Money Tree Investing Podcast.

0:04.8

Stock market, wealth, personal finance, value stocks, invest in your life.

0:11.1

Hello, the Smart Money Tree podcast listeners.

0:12.9

Welcome to this week show.

0:13.9

My name's Kirk Chisholm and I will be your host.

0:16.0

And today I'm joining with Andrew Giancola.

0:18.7

How are you doing to Andrew?

0:19.7

Kirk, I'm doing great.

0:20.7

Thank you so much for having me. I'm pumped with Andrew Giancola. How you doing to Andrew? Kirk, I'm doing great. Thank you so much for

0:21.4

having me. I'm pumped to be here. Yeah, I'm excited to have you on the show. It's funny. I was just on

0:26.1

Andrew's show recently, actually, through three hours ago. So this has been great. So I'm excited to be in

0:32.2

his show and I'm excited to have him on this show. Andrew's wealth and knowledge, and we're going to get into a lot. But Andrew, want to you tell us a bit about your background? I started by being really passionate about

0:41.3

personal finance as a teenager. When I was a teenager, I was someone who was actually reading

0:45.7

personal finance books and just super, super interested in it. And over time, I went to college.

0:50.6

And when I graduated from college, I got my first real job. And when I got my first

0:54.2

real job in the corporate world, I was a financial analyst, but it was an entry level job. So at

0:59.1

that entry level job, I was making about $30,000 per year when I started working there. And I realized

1:04.5

very, very quickly that making $30,000 per year means that I'm going to be living paycheck to paycheck. Now, this was about 10 years ago. So at that point in time, it was something where it was worth a little bit more than it is

1:14.8

worth now. But overall, I was still living paycheck to paycheck. So at that point in time, there was a

1:20.5

moment in time where I remember going and getting gas in the first couple of months of having this job.

1:24.3

And I was living on my own. I had my apartment and all the bills and everything

1:27.5

else going on at the same time. And when I went to that gas pump, I did not have enough money to

...

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