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400: 5 Reasons Why the Stock Market is Important to Your Wealth

400: 5 Reasons Why the Stock Market is Important to Your Wealth

FromBe Wealthy & Smart


400: 5 Reasons Why the Stock Market is Important to Your Wealth

FromBe Wealthy & Smart

ratings:
Length:
12 minutes
Released:
Apr 20, 2018
Format:
Podcast episode

Description

Learn stock market investing insights and why investing is important to you becoming financially free. Investing in the stock market doesn't have to be difficult. It is very important for you to know how to invest in the stock market in order to achieve financially independence. Here are the reasons why you should know how to invest in the stock market: 1. It's affordable. It has low account minimums: $0, $0 for IRA’s, or $500. 2. It has low fees like $5.95 or $6.95 a trade. Low internal fees. For example, SPY has a .09% expense ratio. 3. It is easy to invest. Little knowledge is required to invest like a pro. 4. Long-term performance will average around 10% annually. Everyone needs a money engine. 5. You need to have higher rates to compound to become financially free. Investing in the stock market does entail risk. The stock market drops 20 - 30% every 5 or 6 years. Expect it and plan for it. One way is to invest 1/12th per month and dollar-cost-average into the stock market. I'm excited to celebrate my 400th podcast! All of my podcasts are listed on http://lindapjones.com in the podcast tab. They are evergreen so the mentoring is relevant all the way back to podcast #1.
Released:
Apr 20, 2018
Format:
Podcast episode

Titles in the series (100)

Money, personal finance and financial freedom - get your money to work harder for you so you don't have to work so hard. Linda made $2 million at age 39 and shares actionable knowledge to create wealth in the stock market, real estate, and business. Discover a wealth mentor who shows you a direct path to security, stability and financial freedom. This podcast has a balanced view of how to enjoy life, it is not about frugality. It won't show you how to save a few dollars, it will show you how to save tens of thousands of dollars. Short episodes get to the point without fluff and give you valuable advice you can put to work immediately. Learn the 6 Steps to Wealth by starting with creating a wealthy mindset. Listen to one podcast and you may find yourself binge-listening to the entire library of knowledge. Be sure to subscribe so you don't miss an episode.