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Former financial planner Joe and Paula provide advice for an ex-inmate starting fresh. They discuss investing strategies like lump sum vs. dollar-cost averaging. The episode also covers stock pricing, index funds vs. individual stocks, and international investing for true diversification. The hosts share personal testimonials, sponsor highlights, and a listener's financial transformation story.
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Quick takeaways
- Developing specialized skills is crucial for increasing earning potential.
- Advocating for fair treatment in employment is crucial for creating more opportunities for formerly incarcerated individuals.
Deep dives
Focusing on Skill Development and Increasing Earning Potential
Developing specialized skills and increasing your earning potential is crucial. By focusing on a niche skill set, you can command higher pay in the job market. This emphasis on career growth lays the groundwork for future financial success.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode