Market MakeHer Podcast 1. What is Self-Directed Investing?
11 snips
May 25, 2023 The hosts kick off by demystifying stock market investing and highlight their mission to make financial education accessible. They emphasize the importance of asking questions to simplify complex jargon. Jess explains self-directed investing, the rise of discount brokerages like Robinhood, and how technology empowers individual investors. They also discuss the critical role of social media in finance and the risks posed by misinformation from unlicensed creators. Listeners are encouraged to engage and explore future topics for deeper understanding.
AI Snips
Chapters
Transcript
Episode notes
Giving Up Licenses To Teach Publicly
- Jess gave up her financial licenses after 15 years to focus on public financial education.
- That choice opened media and teaching opportunities like CNBC and Fox Business appearances.
What Self-Directed Investing Means
- Self-directed investing lets individuals buy stocks and ETFs without a human intermediary.
- Discount brokerages and apps democratized access by reducing friction and cost.
Muriel Siebert's Barrier-Breaking Example
- Muriel Siebert created the first discount brokerage and became the first woman on the NYSE in 1967.
- Jess highlights Siebert's rainbow fur coat as a memorable symbol of her barrier-breaking entrance.