Ep. 178 - From Beginner Investor to Multi-Millionaire - Learn the Basics of Investing

Do you remember the first time you tried something that was scary?

 

How did that work out?

 

I’m sure there were lots of emotions around that experience.

 

If you are a ‘beginner’ at anything it can be a scary thing.

 

Today I want to share some of the basics of investing. This may help to ease the fears or anxiety around investing for beginners.

 

The 6 most important reasons for investing:

 

1. Building long-term wealth

2. Preparing for retirement

3. Meeting shorter-term goals

4. Minimizing the need for credit

5. Having money to pass on to your kids

6. Strategy for dealing with inflation

 

Resources:

Investing for Beginners: Learn the Basics of Investing in 2022: https://www.goodfinancialcents.com/investing-for-beginners/

How to Invest: https://www.goodfinancialcents.com/how-to-invest/

How to Invest in Index Funds: https://www.goodfinancialcents.com/how-to-invest-index-funds/

How to Invest in Stocks:  https://www.goodfinancialcents.com/how-to-begin-investing-in-stocks/

Investing for Dummies:  https://www.goodfinancialcents.com/guide-to-basic-investing/

 

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