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Money Rehab with Nicole Lapin
Simple Step-by-Step Guide for Making Your First Investment
Jan 3, 2025
Learn the essential steps to make your first investment and set up a brokerage account. Discover the different types of brokerage accounts and how to fund them. Gain insights on smart investment choices to maximize your returns over time. Explore practical tips for new investors and understand the value of self-investment. Resources like the Public app are highlighted as useful tools to enhance your investing experience.
16:01
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Quick takeaways
- The podcast emphasizes the importance of opening a brokerage account as the first step to accessing the stock market.
- Nicole discusses leveraging Airbnb for additional income, highlighting new co-host networks that simplify property management for hosts.
Deep dives
Streamlining Financial Choices
NerdWallet's 2025 Best of Awards list simplifies the process of finding optimal financial products by curating a selection from over 1,100 reviews. This initiative addresses the common challenge of overwhelming choices by highlighting the highest-rated options for credit cards, savings accounts, and auto insurance. For instance, if someone is seeking a balance transfer credit card with a 0% APR or lower auto insurance rates, they can conveniently find recommendations without extensive research. By directing users to nerdwallet.com/awards, the service aims to enhance financial well-being by making informed decisions easier.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode