
Deep Pockets & Stilettos
Deep Pockets & Stilettos
What Investing Strategy Have Self-Made Millionaires Used For Decades? Investing 101 on Stocks, Bonds, Index Funds, ETFs, Passive vs Active Investing and Overcoming Intimidation
Have you ever felt intimidated at the idea of investing? You are not the only one. In this episode of the series, we go over Investing 101: what type of investments exist, what stocks, bonds, Index Funds and ETFs are, what is the difference between a passive and active approach in investing including why passive is more applicable for 99% of people and also how to overcome the fear of investing and debunk the myth of "the investor". We also delve into why the passive strategy has been the all-time favorite of everyday millionaires for building wealth.
Well-know resources to check out:
For quotes on securities: https://www.morningstar.com/ ; https://finance.yahoo.com/
Best Total Stock Market Index Funds article: https://www.investopedia.com/articles/markets/101515/4-best-total-market-index-funds.asp
Best S&P 500 Index Funds article:
https://www.investopedia.com/articles/markets/101415/4-best-sp-500-index-funds.asp
Music by AudioCoffee from Pixabay