YQD Masterclass: Coronavirus and the Stock Market
Yo Quiero Dinero
Jannese Torres
4.8 • 616 Ratings
🗓️ 15 March 2020
⏱️ 32 minutes
🧾️ Download transcript
Summary
In episode 11, we’re bringing y’all to school. We talk all things about the stock market and how the coronavirus is affecting it!
Episode 11 Highlights:
- How the stock market works and understanding what’s happening and why
- The coronavirus and how it’s affecting the stock market
- Tips on preparing for an increase in financial instability
- Frequently asked questions regarding the stock market
Visit www.yoquierodineropodcast.com for more content!
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Until next time, stay empowered, stay inspired & #staypoderosa ✨💎
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Transcript
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| 0:00.0 | Welcome to Guilchero Dino, a personal finance podcast for the modern Latina. |
| 0:05.5 | This ain't your abolitas financial advice. |
| 0:08.3 | I'm your host, Janice Torres Rodriguez, and I'm here to help you tackle grown woman business when it comes to all things Dineiro. |
| 0:15.0 | We're going to talk about how to make it, keep it, and grow it. |
| 0:18.7 | On that note, let me. |
| 0:27.3 | Thank you. keep it and grow it on that note on that note bye me hi guys welcome back to joe quio diener the podcast this is your host jenis |
| 0:30.7 | and today we are doing session two of the |
| 0:35.4 | yqudd masterclass all about the stock market, how it works, how you make |
| 0:42.1 | money, how you lose money, what it even means to be invested in the stock market. We're going to |
| 0:47.6 | talk about all of that. And I don't think there is a more appropriate time to talk about this |
| 0:53.1 | given the current situation going on on Wall |
| 0:57.3 | Street and in the greater economy. If you're like me, you're probably looking around while |
| 1:03.6 | you're quarantined in your house and thinking to yourself, holy fucking shit, what a week. |
| 1:14.1 | And I am pretty sure most people would agree. |
| 1:23.6 | This week has been one for the books. Not only is the world dealing with a global pandemic in the form of coronavirus, but the associated economic impacts of that virus have sent the stock |
| 1:31.6 | market down the drain. And so I think it's important for us to discuss what the hell we're |
| 1:39.1 | doing when we talk about investing in the stock market, what it means, so that you can understand |
| 1:47.2 | what's actually happening. |
| 1:49.8 | You know, a lot of times people become investors by accident. |
| 1:54.8 | You know, you sign it for a 401k or you sign it for an IRA. |
| 1:58.8 | You start putting money in there. |
| 2:00.4 | And you're thinking to yourself, all right, cool, my money's going to grow. |
... |
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