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Show Notes
After you’ve paid Rent, utility bills, debt payments, and groceries and set aside at least a little cash in an emergency fund, it's time to start investing.
- Magic of compounding interest
- Don't pass up free matching 401K money
- Decide how much to contribute
- Ways to save for retirment
- Broker
Questions:
- lottery
- stock cerfificate
- earned income for Roth IRA
- rolling over a Roth IRA
- stock options
- robo advisors such as ACORN
- cash in checking account
Suggested articles: https://www.nerdwallet.com/article/investing/how-to-start-investing
https://www.investopedia.com/articles/basics/06/invest1000.asp
https://www.fool.com/investing/how-to-invest/
Investment podcast http://moneytalks.mpbonline.org/episodes/money-talks-retirement-investing
Brokers podcast http://moneytalks.mpbonline.org/episodes/money-talks-brokers
Determining your invetment risk tolerance http://moneytalks.mpbonline.org/episodes/5cd31f1633f6c1be55607da7
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