What are the top 10 investing tips you should know
Find out the top 10 investing terms you should know on this episode. Then download your FREE Queer Money Kickstarter, a 9-step Guide to Kickstart Your Journey to Financial Independence.
How the top 10 investing tips can help you
Investing can be intimidating when you’re first getting started. How are you supposed to talk to a financial advisor when it feels like they’re speaking a different language?
On this episode of Queer Money®, we’re sharing the top ten investing terms you should know, going beyond the textbook definitions to put a gay spin on what each word means. We explain how asset allocation is like choosing pizza toppings and discuss the benefit of diversification in your dating life and investments. We also describe how choosing a car compares to choosing your risk tolerance and offer our frozen cocktail analogy for understanding the liquidity of an investment.
Listen in for insight on how fashion brands parallel asset classes and learn the basic terms you need to know to start growing your wealth through investing.
Listen to get insight on investing terms you should know
Topics covered on investing terms you should know
- How ASSET ALLOCATION is like choosing pizza toppings to match your taste preferences
- The benefit of DIVERSIFICATION in your dating life and investments
- Why we always get a high ROI when we invest in the latest Madonna album
- How to think about MARKET CAPITALIZATION in terms of Ben & Jerry’s cookie dough ice cream
- How different fashion brands parallel different ASSET CLASSES in investing
- How choosing a car is like defining your investing RISK TOLERANCE
- Our frozen cocktail analogy for understanding the LIQUIDITY of an investment
- How the percentage of your income that covers bills parallel the EXPENSE RATIO of a fund
- Our low vs. high dinner bill analogy for understanding the P/E RATIO of a stock
- How an individual Swiftie’s excitement compared to the crowd overall illustrates BETA
Resources on investing terms you should know
Connect with David and John
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Watch this week’s episode on investing terms you should know
Previous 3 Podcast Episodes
- How to Improve LGBTQ Incomes
- How Taxes and Social Security Will Affect Your Retirement
- How I Secured $11 Million for My Start-Up
We’re David and John Auten-Schneider, the Debt Free Guys (www.debtfreeguys.com), and the Queer Money® podcast hosts. We help queer people (and allies) live fabulously, not fabulously broke, by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs and 3) save and invest for retirement.