The Investing for Beginners Podcast - Your Path to Financial Freedom

Welcome to "The Investing For Beginners Podcast." In today's episode, we welcome Scott Hanson, co-founder and vice chair of Allworth Financial. As a fiduciary advisor with extensive experience in financial planning, Scott provides valuable insights on several key topics.We'll discuss recent Department of Labor regulations emphasizing fiduciary responsibilities for 401k plans, the shift in retirement trends, and the evolving landscape of financial advising. Scott will explain why smaller investors should consider subscription or fee-based models and the importance of comprehensive financial planning with a tax perspective.We'll also cover the changing concept of retirement, the critical role of 401k savings, and why Social Security should not be your sole retirement plan. Additionally, Scott will share tips on properly vetting your financial advisor and the importance of building a trusting relationship.Whether you're starting your financial journey or refining your investment strategies, this episode is packed with actionable advice and industry insights. Tune in as we explore these crucial topics and more with Scott Hanson.00:00 Surround myself with smart people, seek growth.03:55 Conflicts in financial product distribution and commissions.07:37 Advisors should act as fiduciaries at all times.12:01 New financial planning model includes various fees.13:53 Building trust in relationships crucial for financial advice.17:32 No free lunch, watch insurance company claims.22:02 Iras require fiduciary management; game changing.23:34 Financial advisors help achieve goals through planning.26:57 Young financial advisors need people skills, persuasion.31:29 Gut feeling: Benefits to wealthy will decrease.33:24 Financial independence ideal, retirement evolving, work options.37:38 Personal responsibility crucial for financial security, government assistance.40:00 Assisting with financial planning and mentoring new advisors.Learn more about Scott and his firm here:Allworth FinancialToday's show is sponsored by:Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial.Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial!Start your free online visit today at Hims.com/INVESTINGFind great investments at Value SpotlightHave questions? Send them to newsletter@einvestingforbeginners.com DCF Demystified LinkSUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Hosts Andrew and Dave discuss portfolio maintenance strategies, balancing growth and risk, tech giants' dominance, owning low-growth companies, and tax considerations. They emphasize understanding businesses, avoiding unfamiliar sectors, and seeking guidance based on lifecycle and goals. The episode offers practical tips on making informed investment decisions.

Explore the impact of electric vehicles and stock buybacks with examples like Autozone and Nvidia. Learn the advantages of small investments, transitioning from retirement accounts, and understanding tax implications. Embrace a growth mindset in stock picking and adapt to market uncertainties. Hear about successful businesses like Autozone and Domino's Pizza and the importance of strategic buybacks. Discover tips for beginners and the realities of stock market unpredictability and risk assessment.

Learn effective strategies for tracking investments over time, focusing on essential data and avoiding impulsive reactions. Explore tools like Seeking Alpha and Bamsec for updates, set up company alerts for firsthand information, and resist media influence. Emphasize safety in investments and concentrate on long-term gains. Discover methods for efficient stock monitoring and explore 'owner mode' for better investment tracking based on business metrics.

Welcome to episode 347 of The Investing For Beginners Podcast! Today, hosts Andrew and Dave discuss key investment topics for all levels of investors. We’ll start by examining the importance of SIPC insurance in protecting investments and the strategy behind holding multiple IRA accounts. We'll then discuss transitioning from growth to dividend-paying stocks as retirement approaches, exploring the benefits and risks.Next, we'll analyze a company with less than 1% revenue growth over the past decade, discussing its viability as a bond substitute or income-generating asset considering its slow dividend growth and steady free cash flow. We'll delve into company life cycles, spotlighting Watsco and using Berkshire Hathaway as an example to explain complex financial concepts.We wrap up with a look at 3M’s financial challenges and what they mean for investors. For more resources and insights, visit einvestingforbeginers.com. Join us to enhance your investment strategy and decision-making.00:00 FDIC insures your money up to $250k.04:12 This doesn't cover losses in your investments.08:07 Focus on overall financial picture for retirement.10:11 Invest in growth stocks, consider future dividends.13:14 Consider market diversification for long-term security.17:53 3M stock underperforms market with flat revenue.22:20 Investment approach and types of investors discussed.24:15 Company needs to reinvigorate business to grow.26:23 Lesson learned: be vigilant with financial statements.30:00 Watsco owns 80% of store, affects finances.33:49 Amazon trucks easy to use and efficient.Today's show is brought to you by:Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial!Start your free online visit today at Hims.com/INVESTINGFor more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com Find great investments at Value SpotlightHave questions? Send them to newsletter@einvestingforbeginners.com DCF Demystified LinkSUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn about essential tools every stock picker needs, from Excel to advanced platforms like Bamsec and Finchat IO. Discover how to use tools to understand a company's revenue generation and potential as an investment. Get valuable advice on diversifying investment idea sources, from financial statements to social media insights. Explore the benefits of utilizing Twitter for investment research and optimizing company valuation with Excel and realistic growth estimates.

Welcome to a fascinating new episode of The Investing For Beginners Podcast! Today, your hosts Andrew and Dave will dive into the much-anticipated IPO of Reddit. As seasoned investors who typically steer clear of IPOs, they find it intriguing to unpack Reddit’s introductory documents to better understand its financial health and strategic direction. Throughout the episode, they'll explore Reddit’s user engagement and compare its financial metrics, like the Average Revenue Per User (ARPU), with those of other social media giants such as Facebook and Twitter. Despite the challenges in evaluating a fresh IPO like Reddit, they’ll dissect the S-1 document, spotlight the company's R&D allocations, and discuss the implications of its user base growth potential. Whether you’re a potential investor or just curious about Reddit’s next steps in the public sphere, this episode will equip you with key insights into making more informed investment decisions. Stay tuned as Andrew and Dave weigh the risks and opportunities that come with investing in an IPO, all while emphasizing the importance of a margin of safety.00:00 Investing for Beginners podcast analyzes Reddit's recent IPO.03:29 IPO: Company goes public, anyone can buy.08:48 Public companies need proven track record, growth runway.11:17 Reddit offers intellectual engagement, less aimless scrolling.15:29 Comparing Facebook and Reddit's business monetization strategies.18:46 Concerns about Reddit's future growth and profitability.20:47 Muted response to Reddit going public discussed.23:29 Good revenue growth, high R&D spend. Concerns.29:20 Reddit has loyal user base, lacks investor appeal.32:21 Discussion on IPOs, Reddit's IPO, and investment.Today's show is brought to you by:Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial!Start your free online visit today at Hims.com/INVESTINGFor more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com Find great investments at Value SpotlightHave questions? Send them to newsletter@einvestingforbeginners.com DCF Demystified LinkSUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover how individual investors can utilize their unique advantage of longer time horizons in the stock market, contrasting with the pressures faced by institutional investors. Explore the benefits of focusing on long-term value, navigating market dynamics, and finding hidden gems in smaller market cap companies. Gain insights on leveraging time to enhance your investment strategy and why sometimes, the best action is no action at all.

Learn about utilizing the 4% rule for lasting wealth in retirement. Explore strategies to minimize high fees in retirement accounts. Consider tax implications when managing investments. Maximize contributions to Roth IRAs for long-term growth. Watch out for high expense ratios when investing.

Discussion on portfolio sizing and diversification strategies, emphasizing the balance between knowledge and market unpredictability. Insights on position sizing and managing investments within one's circle of competence. Consideration of concentration versus smaller position sizes, aiming for around 25 companies in a diversified portfolio. Importance of being aware of market trends and potential IPOs. Knowledge leading to bigger investment opportunities