Welcome to the Investing for Beginners podcast! In today's episode, we will do a back to the basics discussion about building a portfolio from scratch! We all know how daunting it can be starting your own portfolio especially with so much information available now in our age. Don't fret! Andrew and Dave is here to give you insightful tips as they share about how a retail investor can start based on their own experiences also so listen on!
Timestamps of the episode:
-The idea of building an investment portfolio from scratch. [02:00]
-Don't put all your eggs in one basket! [03:25]
-Different sectors of the stock market that are available for beginner investors. [05:17]
-Diving in sectors you're passionate with is a good starting point. [10:45]
-How to cope and not succumb in FOMO with the hottest sectors of the day. [13:25]
-Position sizing is often overlooked and must be given thought when starting a portfolio. [17:45]
-The importance of letting your winners run and how it is a good problem to have. [21:05]
Note: Timestamps may differ and are approximate, depending on your podcast player.
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