008 Investing 301 Choosing Your Investments
It's time to put it all together and make your first investments: Investing 301 explains how to put the lid on our buy box, and walks us through the process and decisions and mindset for each step of our process. From escaping the quicksand of worthless cash savings accounts to defeating "analysis paralysis" and eventually getting to the point of getting off the sidelines and getting in the game, this episode is all about becoming a real investor.
Investing 101 and 201 gave you your buy box, and now 301 finishes the job by adding in the final two pieces of the puzzle to make investing not just easy, but automatic. All you have to do is make sure your investments "check the boxes" and then lay over the top of it the one single investment measure that has more to do with being profitable and building wealth than any other: the expense ratio.
Join us this week as we take the complexity and second-guessing of investing out of it all together, and explain how the only fund you need in your TSP is the C Fund, and how to "funnel" your non-retirement investments through a simple process that will help you pick the right investments for long-term wealth.
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