12: TRADING THURSDAY - GETTING IN THE MINDSET OF TRADING IN THE STOCK MARKET

If you are just starting out in understanding trading and how to trade this is the episode for you.  Links below are used to help you get started in training your mindset for trading into stocks.  

There are risks of losing money when investing and you need to understand your risk tolerance.  If you were to invest $100 are you willing to lose $80? or are you willing to lose $20?  Just from that question, do you feel excited about investing?  You always hear about people wins, but what about their loses?  

Investing is a skill that you must understand.  Your employer understands your value and invests with you for a rate of return on their investment. 

Books Recommended to read:

• The Simple Path to Wealth By JL Collins
• Investing in the Dream By Jesse B. Brown
• The Color of Law By Richard Rothstein

Investing Platforms Mentioned and recommended: 

• Webull - Get 2 free stocks by depositing $100 (promo ends 08/31/2020) The link will still work to sign up post (08/31/2020)
• TDAmeritrade 
• Charles Schwab
• Fidelity 

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DISCLAIMER: I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in this audio are for educational purposes only. You must do your own research and make the best choice for you.  Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. If you need advice, please contact a qualified CPA, CFP, an attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with.

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