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Money Talks

Money Talks: Investing Baby Steps

After you’ve paid Rent, utility bills, debt payments, and groceries and set aside at least a little cash in an emergency fund, it's time to start investing. 

  • Magic of compounding interest
  • Don't pass up free matching 401K money
  • Decide how much to contribute
  • Ways to save for retirment
  • Broker


Questions:

  • lottery
  • stock cerfificate
  • earned income for Roth IRA
  • rolling over a Roth IRA
  • stock options
  • robo advisors such as ACORN
  • cash in checking account


Suggested articles: https://www.nerdwallet.com/article/investing/how-to-start-investing

https://www.investopedia.com/articles/basics/06/invest1000.asp

https://www.fool.com/investing/how-to-invest/


Investment podcast http://moneytalks.mpbonline.org/episodes/money-talks-retirement-investing

Brokers podcast http://moneytalks.mpbonline.org/episodes/money-talks-brokers

Determining your invetment risk tolerance http://moneytalks.mpbonline.org/episodes/5cd31f1633f6c1be55607da7



More episodes

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    On Money Talks, Dr. Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives, are ready to answer listener questions about personal finance. On this episode, guests are George and Jason Hester of Navitas Wealth Advisors, who lead the discussion on family-owned businesses.
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    43:38
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    43:22
    Host(s): Dr. Nancy Lottridge-Anderson, President of New Perspectives, Ryder Taff, Portfolio Manager with New Perspectives & Kevin Farrell, ProducerTopics Discussed: Financially Preparing for EmergenciesEmail:  money@mpbonline.org.
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    43:30
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    43:29
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