#52 Day Trading Insights: Navigating the Stock Market as a Modern Entrepreneur
Description
For us, July is financial freedom month. So in this episode of the Podcast, host Mildred Dillon, CPA, chats with Auther Mathews about his journey into the stock market and the freedom to earn more from savings than ever possible in traditional savings accounts.
They cover Mathews' addition of stock investments to his other forms of investments, the do's and don'ts for beginners, and how he’s achieved success as a day trader.
Mathews shares tips on disciplined investing, navigating market fluctuations, and balancing other business activities with stock trading. Ideal for entrepreneurs looking to diversify their income streams, this episode provides valuable insights and practical advice for entering the stock market.
00:00 Behind the Scenes
00:39 Day Trading - Show Welcome
01:25 Meet Auther Mathews
02:41 Day Trading vs Passive Trading
04:51 Bank Returns vs Stock Market Returns
07:44 Day Trading Pitfalls to Watch For
10:07 Finding the Money To Invest
14:21 Figuring Out Your "True" Profit (After Tax)
18:10 Taking the First Step to Day Trading
19:24 Get "Auther's Cheat Sheet to Investing"
21:23 Reach Out For More On This Topic
Links Mentioned:
www.YourMoneyDr.com
Facebook Page: https://facebook.com/themoneydoctor
United States
