She's On The Money

Investing for Beginners: Stop Dreaming and Start Doing in 2025

18 snips
Jan 7, 2025
Bec Syed, a regular contributor on personal finance, joins to discuss how to transform your investing dreams into reality. She and host Victoria Devine tackle the common fears surrounding investing and share a clear five-step plan to get started. They encourage women to take charge of their financial futures, no matter the initial investment. The chat also covers effective research strategies and selecting the right investment platform, emphasizing that beginning your journey, no matter how small, is crucial to building wealth.
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ADVICE

Start Small

  • Start investing with a small amount, even just a few dollars.
  • This makes it less daunting and acts as a gateway to further investment.
INSIGHT

Saving vs. Investing

  • Saving alone won't build wealth due to inflation and compounding interest.
  • Investing is crucial for creating real wealth and financial security.
ADVICE

Overcome Fear

  • Don't overthink investing; start with a small amount and learn as you go.
  • Even if you make mistakes, the experience gained is more valuable than inaction.
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