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Millennial Investing - The Investor’s Podcast Network
MI Rewind: Investing Is Your Superpower w/ Shinobu Hindert
Sep 15, 2023
39:04
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Shinobu Hindert, a Certified Financial Planner and money expert, talks about her book 'Investing is Your Superpower' and the changing relationship between money and women. She discusses the importance of building a strong financial foundation, the benefits of budgeting, and how to pick the right investment strategy. The chapter also explores the role of financial advisors and the importance of financial education for new investors.
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Quick takeaways
- Prioritize saving and investing while reducing debt to achieve financial stability and utilize the power of compounding.
- Consider factors such as timeframe, risk tolerance, and personal financial situation when selecting an investment strategy for optimal diversification.
Deep dives
The Importance of Building a Financial Foundation
It is crucial to prioritize both saving and investing while also reducing debt. By paying down debt and investing simultaneously, individuals can work towards financial stability while taking advantage of the power of compounding.
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