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Behind the Money

The rise of the ‘F@$K It’ investor

Behind the Money

Topher Forhecz

Markets, Investing, News, Banking, Finance, Business, Business News, Crypto

4.4350 Ratings

🗓️ 3 August 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Since the 2008 financial crisis, it’s become more and more difficult for Americans to chart a path toward financial security. Things like buying a house and paying off student loans have become more challenging for young people to do. And that’s given rise to a new generation of investors the FT’s Madison Darbyshire calls “generation moonshot.”  


Clips courtesy of NBC News, CNBC, ABC News, CBS 


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For further reading:

Generation moonshot: why young investors are not ready to give up on risk

How retail investors can navigate the rough terrain of US equities

A year on, we haven’t absorbed the lessons of the GameStop saga 


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On Twitter, follow Madison Darbyshire (@MADarbyshire) and Michela Tindera (@mtindera07


Read a transcript of this episode on FT.com




Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Am I missing anything? Is this the right decision?

0:02.0

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0:04.0

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0:05.0

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0:08.0

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0:16.5

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0:21.1

facts, not opinions.

0:23.0

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0:26.6

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0:28.0

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0:32.3

At the beginning of the pandemic, Chris Zetler had a lot of time on his hands.

0:37.0

I was stuck at the house and had to find something to do.

0:42.0

I did not have too many expenses at the time.

0:50.3

Chris is in his 30s and is studying for a degree in finance from the University of Alabama at Birmingham.

0:55.0

And Chris says he decided to take that extra time and try out investing in the stock market.

1:01.0

He decided to start with companies that would be considered

1:04.3

responsible investments. I bought solid companies that had been around for

1:12.1

30 years and I saw being viable 30 years in the future.

1:19.2

Those were companies like Coca-Cola and Southwest Airlines.

...

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