31 min listen
353: How to Get Started Investing When You’re Afraid
353: How to Get Started Investing When You’re Afraid
ratings:
Length:
11 minutes
Released:
Dec 15, 2017
Format:
Podcast episode
Description
Learn how to dip your toe into investing in spite of fear. Listener Q: Linda, Thanks for the financial information that you are providing to your listeners. I would like to invest on my own (currently managed by a bank) but am too worried that I may fail and never bounce back. What can you recommend I should do? Tum Sounds like you are in fear. Fear of failure, fear of loss, fear of making a mistake. “Never bounce back.” What do you mean by that? Maybe you lack of knowledge. Talk to your FA. Learn about what you already have. Decide what you want to learn about. Listen to podcast #293 regarding where to invest $300 to $500 dollars. Open an account. Dollar cost average into an ETF. Research and learn how to buy stocks. Books, magazines, newspapers. Start slowly. Take advantage of dips. Realize we are overdue for a 20% correction that happens every rolling 10-year period. Invest for the long-term. More success with buy and hold over long-term. Realize you will make mistakes. I did. You can recover and learn to be successful. You look young, so good for you for learning at a young age. Podcast 293 is here: http://www.lindapjones.com/wp-admin/post.php?post=13000&action=edit Get "11 Quick Financial Tips to Boost Your Wealth" at http://lindapjones.com.
Released:
Dec 15, 2017
Format:
Podcast episode
Titles in the series (100)
035: Raam Anand Interview: Learn how Raam Anand, founder of InfoYOGIS (Asia's largest internet marketing agency) has succeeded in multiple businesses, the system to become a star in your industry, and what not to do to remain successful. by Be Wealthy & Smart