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The FIRST Steps You Should Take as a New Investor With Andrew Sather and Dave Ahern

The Personal Finance Podcast

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The Importance of Diversification and Tailoring Investments to Your Life Phase

This chapter emphasizes the significance of diversification in investing and explores the different strategies based on one's life stage, using Enron as an illustration. It suggests beginners focus on stocks during the accumulation phase, while seeking the guidance of a financial advisor during the harvesting phase to consider factors such as age, money mindset, and taxes.

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