All of what Wall Street's excited about is really for people with money. That idea that they can just diversify your little portfolio of $10,000 and hey, you know, put away your $6,000 a year in your IRA and invested at 7%. And look at what you'll have in 30 years. You will have enough money to be completely broken retirement by age 75. Or you could put your money in Bitcoin three weeks ago when we were talking about it. And you would now have more money than you did three weeks ago because Bitcoin has gone up since we last gave it so much publicity.
There are a number of ways that the average speculator can learn and benefit from the strategies and philosophies of the well-established greats like Buffett, but how can the savvy investor get the most out of the limited information available to us?
In the constant battle between businesses and the legislators trying to reign them in, the deck is often stacked against the little guy. Luckily, that’s not always the case, and successful investors know how to find every advantage possible to build a portfolio that can withstand market volatility.
This week on InvestED, Phil and Danielle answer some great questions they’ve received about how to find investing gurus that you can learn from. They’ll show you how to easily find the information you need from these investors, which will paint a clearer picture for you when it comes to your own personal investing journey..
To find out more about our investing philosophy, check out our NYT best sellers and get the first 2 chapters of each of our audiobooks: https://bit.ly/3N21M18
Topics Discussed:
- Index funds
- Pre-COVID Bitcoin
- Importance of following public filings of large scale investors
- Primary sources/secondary sources
Resources Discussed:
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