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3 Things to Know about Stocks to Grow Wealth
Description
Show notes: https://queermoneypodcast.com/podcast/things-to-know-about-stocks/
There is no part of the economy set up for success quite like the stock market. In fact, we consider it one of the three killer pillars to financial independence.
On this episode of Queer Money, we share the top three things you need to know about investing in the stock market.
Topics Covered
- How technology makes it easy to invest in the stock market
- What it means to own stock in a company
- The difference between common stock and preferred stock
- How a stock loses value when a company performs poorly
- Why we don't recommend putting all your money in one company
- The risks and rewards associated with investing in stocks
- How media hype, politics and the economy influence stock performance
- How we grew our net worth to $1M with stock investing
- The pros and cons of individual stock investing
- How to use a free stock research app to explore investing
Resources
- ‘GameStop, Reddit and Robinhood: A Full Recap of the Historic Retail Trading Mania on Wall Street’ on CNBC
- ‘These Stocks Are Surging After House Passes $1T Infrastructure Bill’ in Forbes
- ‘AMC Insiders Have Unloaded $70M of Stock This Year’ in Bloomberg Wealth
- Dogecoin
- CreditWise
- Debt Free Guys on Facebook
- Debt Free Guys on Twitter
- Queer Money Facebook Group
- Queer Money on Instagram
- Queer Money on YouTube
- Subscribe on iTunes
- Email questions@debtfreeguys.com
Mentioned in this episode:
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