In this episode, Dave and Andrew answer listener questions covering essential steps after opening a brokerage account, actions and due diligence before opening an account, and advice for new investors. They emphasize the importance of building good investment habits, such as making investing a part of the budget.
They also discuss beginner-friendly stock picks, the appeal of index funds, and how to manage a diversified portfolio. Additionally, they explore the value in ‘The Magnificent Seven’ stocks, offer personal insights on portfolio allocation, and deliberate over the emotional and practical aspects of investing.
00:00 Welcome and Listener Questions Introduction
00:14 First Steps for New Investors
00:41 Building Good Investment Habits
02:37 Recommended Book for Investors
03:40 Stocks for Beginners
08:43 Advice on Roth IRA Investments
14:59 The Magnificent Seven: Value or Hype?
22:43 Portfolio Management Strategies
35:37 Conclusion and Contact Information
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Get your summer savings and shop premium wireless plans at MintMobile.com/beginners
What do Dave and Andrew recommend?
Our #1 recommended stock research platform is FinChat (now Fiscal.ai). Get 2 weeks access for free using our link (no card required): fiscal.ai/ifb
Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.
Have questions? Send them to
[email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
For sponsorship inquiries, reach out to us at
[email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices
South Africa