Smart Investing Tips For Beginners

Life Kit

NPR

Business, Health & Fitness, Education, Kids & Family, Self-improvement

4.5 • 4.9K Ratings

🗓️ 27 July 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Investing is the most powerful way that we can save for retirement, college for our children and similar long-term goals. But if you're just getting started it can be hard to separate the good advice from the bad.

In this episode, NPR Life Kit host Chris Arnold offers up a few tips for those who are just entering the world of investing.

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

NPR Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	This is NPR's Life Kit, I'm Elsa Chang.
0:04.7	The pandemic has created an army of new investors.
0:08.6	With people stuck at home, a record 10 million new brokerage accounts were open last year.
0:14.6	The market got a little wobbly recently, but stocks are still near record highs.
0:19.1	So this is probably a good time for people to get their ducks in a row and figure out
0:23.0	a good plan for the future.
0:25.0	This episode, smart investing.
0:30.4	With me is one of Life Kit's hosts, Chris Arnold.
0:32.9	He covers personal finance and joins us now.
0:35.4	Hey Chris.
0:36.4	Hey, also.
0:37.4	So, a lot of new investors are out there trying to pick hot stocks.
0:41.6	What could go wrong, right?
0:42.6	Yeah, what could possibly go wrong with that, right?
0:44.8	No, so I mean, investors that are out there, they're watching YouTube videos and they're
0:48.8	in Reddit chat groups.
0:50.8	You know, they're probably getting a mix of some goods, some bad, some ugly advice.
0:55.3	But overall, the market over the past year and even going back before that has been
1:00.3	going up and up and up.
1:01.4	So, a lot of people have been able to make some money.
1:04.4	I talked to one couple, Molly and Chad Wood in St. Paul, Minnesota.
1:09.7	Chad used to wait tables in restaurants and went things shut down.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.