How To Invest Like a Middle-Age Woman (SB1537)

Jun 28, 2024

Discover how to invest like a middle-aged woman with Brian Feroldi, Paula Pant, and OG. Topics include sticking to your investment plan, the danger of 'this time is different' mindset, indexing benefits, dollar-cost averaging, and resisting market timing. Plus, learn how to avoid FOMO and resist reacting to every news piece.

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Intro

00:00 • 2min

Investing Banter and Pop Culture References

01:50 • 2min

Investing Tips and Small Business Insurance Promotion

03:20 • 4min

Navigating Investment Challenges and Strategies

07:41 • 12min

Balancing Fun and Risks in Investment

19:42 • 12min

Estimating the Number of Stories in a Building

31:14 • 2min

Trivia Contest Banter and Tower Height Calculation

32:51 • 2min

Historical Guessing Game and Rejecting Unsolicited Advice

34:51 • 2min

Seeking and Evaluating Financial Advice

37:17 • 16min

Recent Episodes Recap and Highlights

53:42 • 4min

Advice on Investing and Unique Business Ideas

57:41 • 2min

Is the secret to investment success all about making your decisions as if you were a 50-year-old woman? We tackle that take on today's roundtable discussion. We're joined by one of the best voices who gives investing advice online, Brian Feroldi. He's joined by the lady who knows all about making wise investing decisions, no matter your age, Paula Pant. And finally, we also feature the advice of our in-house financial planner (who happens to have the temperament of a 50-year-old woman), OG.

In the second half, brought to you by DepositAccounts.com, we continue down the list of how to win by investing like a 50-year-old woman.

And, finally, be sure to stick around for Doug's sky-high stock-institution trivia. It will surprise you!

FULL SHOW NOTES: https://stackingbenjamins.com/invest-smarter-think-like-a-50-year-old-woman-1537

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201

During our conversation, you'll hear us mention:

Sticking to your investment plan, even in times of market correction.
Why "this time is different" is a dangerous mindset.
Weighing the long-term risk-reward relationship.
The benefit of indexing.
Investing according to your time horizon and risk tolerance.
The fallacy of trying to time the market.
Dollar-cost averaging.
How to resist the temptation to tinker with your investments.
How to trick yourself from reacting to every piece of news.
How to avoid FOMO.
Why you shouldn't care about what others think.
Stop comparing yourself to others.
Allowing yourself to allocate a small amount of your portfolio to taking outsized risks.
Investing in individual stocks if it works for you.
Allocating a limited amount of time to making investment decisions.
How to distinguish between sound advice and not-so-reputable salespeople.
Use good judgment when deciding whose advice to follow.
Finding the investing style that works for you.
Learning from failure.

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