Networth and Chill with Your Rich BFF

Investing 101: What To Do & HOW To Do It with Alexa Von Tobel

Sep 6, 2023

Alexa Von Tobel, founder and CEO of LearnVest, joins the show to discuss investing basics. She breaks down the biggest mistakes people make and shares her opinion on popular investing categories. Learn how to get started and not let market fluctuations scare you.

43:10

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Episode guests

Alexa von Tobel

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Episode notes

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Quick takeaways

Understanding the basics of investing is crucial for building wealth and achieving financial goals.

Creating a financial plan, including saving for retirement and having an emergency savings account, is essential for financial security.

Avoiding panic and knee-jerk reactions to market downturns is important in developing a long-term investment strategy based on individual risk tolerance and goals.

Deep dives

The Importance of Investing

Investing in the stock market is crucial for building wealth and achieving financial goals. The podcast host shares a personal story of making an unwise investment decision and emphasizes the importance of understanding the basics of investing.

Introduction

2min

Developing an Interest in Personal Finance and Feeling Empowered with Money

4min

The Importance of Checking Boxes and Taking Risks in Life

4min

Childhood Memories and Financial Reflections

12min

Investing Strategy and Risk Tolerance

3min

Steps to Take Before Starting to Invest

19min

Favorite Investments, Future Plans, and Contact Information

3min

On this week's episode of Networth and Chill, I'm joined by the founder and CEO of LearnVest, Alexa Von Tobel and we are chatting about all things investing. Investing can be a great tool to increase your wealth, but knowing where to start can feel overwhelming. Not only that, but it can feel like a huge risk to put your hard earned money into something that feels risky. Alexa is an expert when it comes to the world of investing, and she is here to break down the basics and walk us through the easiest ways to get started. We talk about the biggest mistakes people make when investing, and how to not let a fluctuating market scare you into making a rash decision. Plus, I ask Alexa what her opinion is on some of the most popular investing categories, from real estate to collectibles to crypto.

Got a financial question you want answered on a future episode? Text me or leave me a voicemail at 908-858-3410.

Special thanks to our sponsors:

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Networth and Chill with Your Rich BFF

Investing 101: What To Do & HOW To Do It with Alexa Von Tobel

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Importance of Investing

Guest Interview with Alexa Vontoble

Creating a Financial Plan

Psychology of Investing

Building Good Money Habits

Remember Everything You Learn from Podcasts