Should I Invest In Individual Stocks?
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 585 Ratings
🗓️ 14 June 2021
⏱️ 9 minutes
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Summary
Transcript
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| 0:00.0 | Finances can be complicated, but they don't have to be. |
| 0:08.5 | I break down financial topics that may seem complex and overwhelming so you can start taking action on your financial goals. |
| 0:16.3 | I'm Ari Talby, and it all starts here on personal finance redefined. |
| 0:21.8 | Hello everyone and welcome to another episode of the podcast. |
| 0:25.6 | I have to first just say a big thank you to everyone who's been supporting the show. |
| 0:29.4 | The support has been truly overwhelming and can't thank you all enough for supporting me. |
| 0:35.1 | So I want to make sure this is being reached to as many people as |
| 0:37.9 | possible so that they can be helped. Please feel free to keep rating it, review it, and share it with |
| 0:43.3 | your friends. And so if you have any specific question, happy to answer it. Today's episode is a fun one. |
| 0:49.4 | It's all about individual stocks. And this is a question I'm getting regularly by friends family and clients |
| 0:56.1 | about should I invest in individual stocks how much what is risky what's not so today's |
| 1:01.6 | episode is all about investing in individual stocks the amazing parts the not so amazing parts |
| 1:07.0 | the in everything that comes with it so the episode isn't about whether or not you should invest in |
| 1:12.0 | them, but what you do once you have individual stocks, the benefits of them and the dangers as well. |
| 1:17.8 | And to illustrate the amazing part of investing in stocks, I'm going to use an example. And so this |
| 1:23.4 | example is by Jason DeBolt. Jason explained that he's retiring from the corporate world at age 39. |
| 1:31.3 | So here he is Jason. |
| 1:32.4 | He's 39. |
| 1:33.3 | He's an all-in investor, which means he's the opposite of diversified. |
| 1:37.2 | He's part of the fad of being invested all in one company, and that's how he thinks |
| 1:42.5 | the best way he's going to maximize his wealth. So this can be |
| 1:46.2 | a truly great strategy if your goal is to maximize your growth. The downside is that you couldn't |
... |
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