There are many podcasts available that can help you get more information about personal finance. Every podcast includes advice and tips from industry professionals to help achieve financial freedom. These experts share tips and advice about investing, budgeting, taxes and other important money issues.
Bobbi Hill hosts the podcast, which focuses on personal finances and teaching financial independence to young people. Guests on the show share their experiences with money and how they plan to grow their wealth. She also interviews professional advisers and business owners to get their views on how they manage money. Also discussed are investing and entrepreneurship.
The Australian Investors Podcast features conversations between top investors. It explores investment philosophies of successful investors and covers investment pitfalls. Some episodes feature authors, while others are dominated by financial service industry professionals. They discuss their journeys and what they've learned along the way to success. Guests on the show have included founders of Stockspot Chris Brycki and Strawman Andrew Page.
One of the most popular podcasts in the US is the Dave Ramsey show. This podcast covers a wide range of financial topics, including investing, taxes, retirement, and debt. Ramsey can also answer caller questions.
Money Girl is another podcast you should listen to. Laura Adams, a podcast host, discusses investing and personal finance. She simplifies complex financial topics like student loan debt, tracking your net worth, and investing in stocks. Her guests share their own financial stories and give tips and advice on using credit cards correctly, getting out of debt, and starting a side-business.
Another podcast that focuses on personal finance is FIPhysician. Big Al Clopine joins the podcast as a certified public accounting professional. The episodes cover asset allocation and 1031 exchanges. He also shares his own experience as an early retiree.
You can also listen to the Money Nerds podcast. It features contemporary voices and innovative ways to explain the economy. The show even has a section for entertainment. This podcast is worth listening to if you are looking for entertaining ways to improve your finances or to hear the stories of people who have been able to save money and invest well.
The Payback Time has a podcast to inspire you to become rich through creating recurring income, despite the name. Listeners have asked about how to build a passive income, as well as how to create financial independence. Two millennials in retirement were featured on a recent episode. Previously, the show has covered real estate investing basics, building habits that stick, and the economics of poker machines.
Money Bites podcast is another podcast that tackles important questions about money. It is hosted by a father-daughter duo and includes entertainment as well as big money questions. They've previously discussed renting vacation homes, balancing portfolios and addressing large amounts debt.
Another great personal finance podcast is Your Money's Worth. This podcast helps listeners learn how to use their income for saving money, paying off debt, and other financial topics. Featured guests include financial advisers, entrepreneurs, and other experts. The podcast hosts have discussed topics such as building a 401(k), other investments, and how to choose a good financial advisor.
FAQ
Do I need an IRA to invest?
An Individual Retirement Account is a retirement account that allows you to save tax-free.
You can contribute after-tax dollars to IRAs, which allows you to build wealth quicker. They provide tax breaks for any money that is withdrawn later.
IRAs are especially helpful for those who are self-employed or work for small companies.
Many employers offer employees matching contributions that they can make to their personal accounts. If your employer matches your contributions, you will save twice as much!
Do I need to invest in real estate?
Real estate investments are great as they generate passive income. But they do require substantial upfront capital.
If you are looking for fast returns, then Real Estate may not be the best option for you.
Instead, consider putting your money into dividend-paying stocks. These stocks pay monthly dividends which you can reinvested to increase earnings.
Is it really a good idea to invest in gold
Since ancient times, gold is a common metal. It has remained valuable throughout history.
But like anything else, gold prices fluctuate over time. If the price increases, you will earn a profit. A loss will occur if the price goes down.
It doesn't matter if you choose to invest in gold, it all comes down to timing.
Statistics
- Most banks offer CDs at a return of less than 2% per year, which is not even enough to keep up with inflation. (ruleoneinvesting.com)
- An important note to remember is that a bond may only net you a 3% return on your money over multiple years. (ruleoneinvesting.com)
- They charge a small fee for portfolio management, generally around 0.25% of your account balance. (nerdwallet.com)
- If your stock drops 10% below its purchase price, you have the opportunity to sell that stock to someone else and still retain 90% of your risk capital. (investopedia.com)
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How To
How to invest
Investing is putting your money into something that you believe in, and want it to grow. It is about having confidence and belief in yourself.
There are many ways you can invest in your career or business. But you need to decide how risky you are willing to take. Some people are more inclined to invest their entire wealth in one large venture while others prefer to diversify their portfolios.
These are some helpful tips to help you get started if you don't know how to begin.
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Do your homework. Do your research.
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Make sure you understand your product/service. Know exactly what it does, who it helps, and why it's needed. Make sure you know the competition before you try to enter a new market.
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Be realistic. Before making major financial commitments, think about your finances. You'll never regret taking action if you can afford to fail. Be sure to feel satisfied with the end result.
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Don't just think about the future. Look at your past successes and failures. Ask yourself if you learned anything from your failures and if you could make improvements next time.
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Have fun. Investing should not be stressful. Start slowly, and then build up. Keep track your earnings and losses, so that you can learn from mistakes. Be persistent and hardworking.