Episode 134: Grow Series: Get Results, Optimize Wealth… Money, Movers and Shakers
If you want to invest in your future, you have to control your finances.
Meeting your financial goals starts with understanding how money and investments work.
In this episode, Marissa shares how to begin getting your finances in order, starting with your checking and savings accounts.
Marissa breaks down the different investment types, how compound interest can magnify your wealth, and the three places you can invest your money.
In this episode, you will hear:
- Why you should understand your financial goals and how to invest it
- Start with your checking and savings accounts and what they yield
- What certificates of deposit (CDs) are and how they work
- What alternative investments are and how they’re used, such as bonds
- Why stocks are good investments and why they require discipline
- What exchange-traded funds and mutual funds are
- Why real estate is a great place to invest
- The three places you can invest money: your own business, other people’s businesses, and real estate
- What the risk level is of each investment option: aggressive, balanced, or conservative
- How long the money should be invested and when you need it
- How your cycle of emotions will impact your investments and fear drives behavior
- The two ways to invest: retail or institutionally
- What long-term returns are and how financial advisors are paid
- What an institutional manager is
- An example of what time can do for your investments
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Until we meet again,
I hope you live life rich!
Marissa Nehlsen
