Podcasts can be helpful for investors of all levels, from novice to seasoned. You can find many great topics discussed by experts in the field. Planet Money, YNAB and Martinis and Your Money are just a handful. These shows provide an abundance of information and are great.
Martinis and Your Money
In this episode, Lisa Zeiderman, of the Martinis and Your Money podcast, talks to Shannon McLay about the importance of financial independence during divorce. This financial podcast focuses on financial freedom and the advantages of personal finance. Subscribe to the podcast with the GetPodcast application
Planet Money
Planet Money podcasts are an excellent way to learn more about economics and not spend too much time in school. You can listen to episodes while you get ready for work, driving to school, or working out at the gym. Planet Money is not like traditional television shows. It's a podcast which explores the economy in greater detail than other news programs.
YNAB
For those who want to set up a budget, the YNAB money podcast has great advice. ADHD can cause financial problems for many people who struggle with money. To learn how to manage your grocery bill, listen to this podcast. With the price of food rising, grocery spending is becoming a major concern for many people. This podcast focuses on tips for grocery shopping and how you can avoid making unneeded purchases. It also provides strategies for strategic "fun" food purchases.
Jake of All Trades
Jake of All Trades money podcast offers great financial advice. This podcast features interviews with financial professionals and current trends. It also offers long-term financial planning advice. Kirk and Jake also discuss retirement and personal finances and provide first-hand knowledge to assist listeners in making better financial decisions. Unfortunately, the show will be on hiatus at least for 6 seasons.
Frankie Cotton
If you are interested in learning more about personal finance, The Money Matters podcast can be a great listening experience. Interviews with Black women who are successful and valuable financial advice. It features both financial news and advice by established business owners.
Budget is important
You Need a Budget - An American multi-platform personal and budgeting program that is based on envelopes. In 2013, it was rated the best budgeting software by Lifehacker readers and was named by the Wirecutter as a "great pick for hard-core budgeters". It is a popular choice if you are meticulous with your finances.
FAQ
What are the 4 types of investments?
These are the four major types of investment: equity and cash.
Debt is an obligation to pay the money back at a later date. It is usually used as a way to finance large projects such as building houses, factories, etc. Equity is when you buy shares in a company. Real estate is when you own land and buildings. Cash is what you have on hand right now.
When you invest in stocks, bonds, mutual funds, or other securities, you become part owner of the business. You are a part of the profits as well as the losses.
Which investments should a beginner make?
Beginner investors should start by investing in themselves. They should learn how manage money. Learn how to save for retirement. How to budget. Learn how to research stocks. Learn how to read financial statements. Learn how you can avoid being scammed. Learn how to make wise decisions. Learn how to diversify. Protect yourself from inflation. Learn how to live within ones means. Learn how you can invest wisely. You can have fun doing this. You will be amazed at what you can accomplish when you take control of your finances.
How can I tell if I'm ready for retirement?
First, think about when you'd like to retire.
Do you have a goal age?
Or would you prefer to live until the end?
Once you have decided on a date, figure out how much money is needed to live comfortably.
The next step is to figure out how much income your retirement will require.
You must also calculate how much money you have left before running out.
Statistics
- Some traders typically risk 2-5% of their capital based on any particular trade. (investopedia.com)
- 0.25% management fee $0 $500 Free career counseling plus loan discounts with a qualifying deposit Up to 1 year of free management with a qualifying deposit Get a $50 customer bonus when you fund your first taxable Investment Account (nerdwallet.com)
- 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)
- 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)
External Links
How To
How to Invest in Bonds
Bonds are one of the best ways to save money or build wealth. However, there are many factors that you should consider before buying bonds.
If you want to be financially secure in retirement, then you should consider investing in bonds. You might also consider investing in bonds to get higher rates of return than stocks. Bonds are a better option than savings or CDs for earning interest at a fixed rate.
If you have the money, it might be worth looking into bonds with longer maturities. This is the time period before the bond matures. You will receive lower monthly payments but you can also earn more interest overall with longer maturities.
There are three types of bonds: Treasury bills and corporate bonds. Treasuries bonds are short-term instruments issued US government. They pay low interest rates and mature quickly, typically in less than a year. Companies like Exxon Mobil Corporation and General Motors are more likely to issue corporate bonds. These securities are more likely to yield higher yields than Treasury bills. Municipal bonds are issued from states, cities, counties and school districts. They typically have slightly higher yields compared to corporate bonds.
When choosing among these options, look for bonds with credit ratings that indicate how likely they are to default. The bonds with higher ratings are safer investments than the ones with lower ratings. Diversifying your portfolio in different asset classes will help you avoid losing money due to market fluctuations. This protects against individual investments falling out of favor.