4.8 • 3K Ratings
🗓️ 4 September 2024
⏱️ 5 minutes
🧾️ Download transcript
Personal finance expert and self-made millionaire, Delyanne, simplifies the stock market, investing, debt, and building wealth — in under 5 minutes.
Full episode with Delyanne: https://www.selfhelplesspodcast.com/episodes/episode/1f2d8edd/how-to-build-wealth-with-delyanne-the-money-coach
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0:31.1 | What's up welcome to your self-helpless snack where we give you a little taste of the self-helpful the episode's description. |
0:43.0 | So the analogy that I constantly use is like think about the stock market |
0:47.5 | literally like a flea market, right? |
0:49.5 | It's just a market where people are selling stuff and people are buying stuff. |
0:52.8 | So companies are there selling little pieces of their company |
0:55.9 | and you're there to buy pieces of their company. |
0:58.2 | So people are buying and selling back and forth. |
1:00.7 | So I tell people, you can buy a little trinket at a flea market, take it home, and be like, |
1:05.9 | holy cow, this is like an antique that's worth thousands of dollars. |
1:08.8 | Look at all the money that I need. Fantastic. That could be like you buying an apple, you know, a share of apple 10 years ago and it now |
1:16.9 | blowing up to what it is, right? Fantastic. But it can also go the other route where you see something at the flea market and you're like, |
1:23.6 | ooh, I think this is valuable and they don't know it. |
1:27.1 | So I'm going to offer them a hundred bucks, take it home, you get it appraised and they're |
1:30.6 | like, yeah, this is a total knock off, it's worth like a penny like you know you just |
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