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Millennial Investing - The Investor’s Podcast Network
MI Rewind: Do Stocks Only Go Up? w/ Brian Feroldi
Aug 16, 2024
01:13:02
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Brian Feroldi, a passionate investor with a keen interest in personal finance since college, breaks down the complexities of the stock market. He discusses the lack of financial education in schools and why understanding stock value is crucial. Feroldi explains key market indices like the Dow and S&P 500, clarifying their differences. He also sheds light on why companies issue new shares or buy back their stocks and emphasizes the long-term growth of the market, encouraging a patient investment mindset.
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Quick takeaways
- The absence of personal finance education in the US is a significant barrier to financial literacy and wealth-building.
- Stocks derive their value from a company's future earning potential, making it essential for investors to understand intrinsic value beyond market price fluctuations.
Deep dives
The Importance of Personal Finance Education
Personal finance education is largely absent from the US education system, despite its significance in building wealth and financial literacy. Many individuals, including those with degrees in business, report having received no instruction on crucial topics such as investing, savings, and managing money. This educational gap can be partly attributed to a lack of teachers who themselves are knowledgeable in personal finance, making it difficult to incorporate such classes into the curriculum. The recent move by states like Florida, which now requires personal finance classes for high school graduation, suggests a positive shift towards addressing this deficiency.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode