Coinfessions: Stock Market Basics for New Investors
Description
In this Coinfessions episode of Don't Go Broke Trying, Reni addresses common questions and doubts about investing in the stock market. She breaks down myths, fees, and essential strategies for safe and affordable investing. Covering topics like self-directed investing, low-fee platforms, fractional shares, and mindset shifts, Reni shares actionable tips to help you start investing without financial stress. Tune in for practical advice on starting with what you have, growing your portfolio, and making smart, informed decisions for financial stability.
Timestamps
3:10 I'm skeptical about self-directed investing through a bank!
8:50 I have $50k from my crypto success
13:14 Should I take money out of my RRSP to build my emergency fund?
20:15 I currently invest $1300 biweekly in registered accounts - where else can I invest?
26:40 What are the different types of investment options?
35:08 What are your startest investments til date?
Investing course: https://www.stackmydime.com/smd2-0?ref=https%3A%2F%2Fwww.stackmydime.com%2Fa%2F2147635341%2FShZ58Qov
RRSP Explained: https://youtu.be/PVTlxjydptQ?si=0E1BJxizklG4G2eN
Connect With Us!
Follow the podcast on Instagram: @dontgobroketrying
Follow Reni on Instagram: @xoreni
Visit our website: https://renitheresource.com/category/podcast/
Follow on Twitter: https://twitter.com/dgbtpod
Subscribe to Reni's YouTube: xoreni