006 Investing 101 Why You Need to Invest
Before you start investing in the stock market now that you have some cash and your first brokerage account, you need to build a strategy -- and your confidence. So long as you have the right timeframe and mindset, you can trust yourself to make the right investment decisions and start taking action.
Investing 101 is the first in a 4-part Podcast series we're launching to help you build a strategy specifically tailored to you, yet build on core fundamentals. In the first two episodes you'll learn to build a "buy box" that set rules for your portfolio that help you consistently and repeatedly get the returns you need on your investments to keep ahead of inflation and accomplish your wealth goals. In this first episode, you'll build the first three sides to the "buy box":
- Make sure every dollar saved is earning at least 3.1% interest
- Don't invest for goals less than 5 years, and have a plan to keep investments for 10+ years
- Budget an amount that you can invest every month and never skip an investment
Inflation, FUD (Fear, Uncertainty, and Doubt), and inconsistency can rob you of profits and destroy your portfolio. Just like marksmanship starts with learning good habits before you even pull the trigger, you'll learn the key fundamentals and good investing habits you need to succeed. More importantly, you'll learn to start training your mindset to think of the "big picture" -- and when you do, you'll have centuries worth of stock market return data giving you the confidence you need to create massive wealth and achieve Financial Freedom in your lifetime.
For a limited time, the first 100 subscribers to pre-order our mini-course, "Financial Freedom in the Military" will get FREE access to the course when it launches (coming in JULY)!!! Sign up here: https://www.militarywealthcoach.com/joinus
For a complete library of our episodes, blog posts, and more, visit www.militarywealthcoach.com, and follow us on all the socials by searching for Military Wealth Coach or @mwc112358.
