3 Simple Steps to Start Investing From Scratch | No Experience Needed
Networth and Chill with Your Rich BFFShow Notes
Vivian is doing a much requested diving deep into the world of investing and breaking down exactly how you should be handling your money, whether you’ve got an arsenal of financial advisors or you’ve never bought a single stock. From choosing the right account to understanding ETFs, index funds, and robo-advisors, this episode is your step-by-step guide to building wealth through investing without getting overwhelmed by Wall Street jargon.
In this episode, you'll learn:
1. How to start investing from scratch, including the difference between brokerage accounts, IRAs, Roth IRAs, 401(k)s, and other investment accounts… and how to choose the right one for your goals.
2. Why finding the "perfect" stock is the wrong goal, how diversified investments like ETFs and index funds can help reduce risk, and what to look for when evaluating investment options.
3.How to build a long-term investing strategy that works in real life, including managing market volatility, balancing investing with debt repayment, understanding fees, and overcoming the fear that keeps so many people from getting started.
Follow the podcast on Instagram and TikTok!
Got a financial question you want answered in a future episode? Email us at [email protected] Learn more about your ad choices. Visit podcastchoices.com/adchoices
More from Networth and Chill with Your Rich BFF
Download Vivian’s financial companion app Ask Dolly HERE!
Download Vivian’s financial companion app Ask Dolly HERE !
Our president launched a memecoin, Congressional representatives pulled in over $635 million in stock gains last year, and political candidates are placing bets on their own races. In this episode, Vivian breaks down the not-so-secret ways public officials are cashing in on their positions, why it's a problem on both sides of the aisle, and what you can actually do about it.
Why does an $8 latte suddenly come with a 20% tip prompt? In this episode, Vivian dives into how tipping in America got so out of hand, who you absolutely have to tip, and when it's totally okay to skip the tip when the iPad swings your way. Plus, what the new "no tax on tips" policy really means for service industry workers.
IPOs are having a major moment; SpaceX just had the biggest IPO in history, Anthropic and OpenAI are lining up next, and suddenly everyone's throwing this term around like they know what it means. Vivian breaks down what actually happens when a company goes public, whether the hype is ever worth it, and what SpaceX's rollercoaster can teach us about IPO investing.