In this week's episode, we are discussing basic investing terms: types of retirement accounts, types of investments, and ways to buy investments. Don’t worry, I kept everything light & high level, so it’s not super boring. https://www.balancedfi.com/investment-terms-101/ These are things you should know though, especially as you begin investing or if you want to get serious about your financial future.
Welcome to the Balanced FI Podcast, episode 39 - Investing Terms 101: Basic Investment Terms You Need to Know
Understanding a few basic investment terms is a step forward on your journey toward financial security.
Investing can be as complex or as simple as you want it to be. Thousands of people actually invest others’ money as a job…. but it’s also something literally anyone with money can participate in.
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RESOURCES:
Read- Investing Terms 101: Basic Investment Terms You Need to Know
FREE download- Investing Terms 101 Fact Sheet
Read- Smart Ways to Use Your Stimulus Money
Read- Financial Security Step 9: Increase Retirement Contributions
Read- Financial Security Step 2b: Begin Saving for Retirement
SOURCES:
Source- The S&P 500 and How It Works
Source- J.P. Morgan Glossary of Investment Terms