The Investing for Beginners Podcast - Your Path to Financial Freedom

In the latest episode of The Investing For Beginners Podcast, Dave and Andrew tackle key listener questions about investing and finance. The episode kicks off with advice for a listener named Danny, who is living paycheck to paycheck despite having no debt. Andrew and Dave discuss the importance of starting to save for retirement, offering insights on wealth generating opportunities like 401ks and real estate. They emphasize the significance of finding a job with a 401k match and share personal experiences to underscore the benefits of investing early in one's career.The hosts also delve into the question of when to sell a stock, prompted by a query from a listener named Ryan. They share their individual perspectives on establishing a selling discipline and emphasize the significance of assessing if anything fundamentally changes about a business before making a decision.Throughout the episode, Dave and Andrew draw parallels between fitness and investing, and encourage listeners to focus on gradual improvement and consistency. With real-life examples and practical insights, they deliver valuable advice for both seasoned investors and beginners looking to navigate the world of finance and investment.00:00 Don't miss out on 401k match.03:49 Consider your investment goals and options.06:20 Investing small amounts can lead to wealth.12:06 Understanding worst case scenario alleviates anxiety.14:46 Best reason not to sell: fundamental business.16:08 Document your reasons for investment decisions.19:12 Questioning fundamental changes in the business.For 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.comSUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Investing For Beginners Podcast, I'm Dave and with me is Andrew. In episode 331, we're diving into the crucial role of conviction in investing. Learn why knowing the reason behind your investments can help you stay the course during market volatility and aid in building wealth over time.We'll share tips on how to develop and maintain your conviction, even when the market tests your resolve. Discover insights on the pitfalls of overconfidence and the wisdom of humility.Andrew will discuss his long-term holding approach focused on quality, and I'll emphasize understanding a company's true value. We'll also touch upon the importance of systems like dollar-cost averaging and strategies to prevent rash decisions, including insights from our experience with Berkshire during uncertain times.Join us as we explore the power of informed investing decisions and building a steadfast investment philosophy. Let's get started!00:00 Understanding the game, investing wisely, avoiding mistakes.04:02 Consistency in investment and learning from mistakes.07:26 Focus on behavioral psychology in business success.12:53 Write down your understanding to handle stress.15:18 Repeated deep dives reveal valuable missed details.17:52 Understanding outward vs inward looking investment strategies.22:09 Maintain confidence and patience in investing strategy.26:03 Understanding your limits, sticking to your plan.28:45 Don't follow the herd, focus on opportunities.33:09 Slow down, create systems for rational decisions.34:51 Company seemed strong despite pandemic challenges and price.39:15 Investors can find opportunities with deep analysis.For 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.comSUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Investing For Beginners Podcast, episode 330! I'm Dave, and with me is my co-host Andrew. Today, we're unpacking the significance of ROIC and price to free cash flow in company analysis. Understanding these numbers could be the difference between picking a gem and falling for a dud.We're also exploring the intricate balance between art and science in investing. Whether you lean towards growth or value strategies, we'll discuss how intuition and analytical rigor shape your investment choices.For an extra special twist, Andrew and I are in the same room, broadcasting live together for the first time ever! We'll dissect the theory of intrinsic value and the conundrum of market inefficiencies, taking a close look at intriguing cases like Netflix.Plus, we'll get into the nitty-gritty of P/E ratios and how market sentiment reflects in these figures. Ready for a journey into the heart of investing wisdom? Stay tuned as we merge hard data with gut feeling in this unique episode of The Investing For Beginners Podcast!00:00 Intrinsic value: easy to visualize, agreed societal worth.03:41 Efficient market theory, new info affects stock prices.07:06 Science of stock valuation focuses on numbers. Art involves interpreting news and industry for value.12:37 Comparing Visa and PayPal’s revenue growth.15:22 PayPal and Visa acquisition prospects diverge.16:44 Balancing intuition and logic in investment decisions.20:47 PE ratio gives relative idea of value.26:20 Higher ROIC linked to higher company valuation.28:40 Different types of businesses have different ROICs.32:39 Long-term decline leads to shareholder value destruction.35:39 Growth investing values future, value focuses on past.37:56 Mature businesses are more stable than growth.41:26 Invest in companies with growth potential and stability.For 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.comToday's show is sponsored by:Get 55% off at Babbel.com/BEGINNERS.Go to greenchef.com/60beginners and use code 60beginners to get 60% off, plus 20% off your next two months!Use promo code INVESTING today at shipstation.com to sign up for your FREE 60-day trial.SUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

We are excited to have Noah Kagan, author of the Million Dollar Weekend to our show. Noah has been a huge influence on both Andrew and I over the years.Noah is an entrepreneurial visionary who challenges traditional notions about what it takes to start a business. Contrary to popular belief, he asserts that neither an Ivy League education nor substantial funds are prerequisites for success. With a skeptical view on the need for a formal education or extensive courses to launch a venture,Noah advocates the entrepreneurial path as the ultimate investment. He believes in the potential for unlimited returns, making it an opportunity that transcends conventional investments. Noah's journey and insights offer a fresh perspective to beginners eager to step into the world of business without the constraints of conventional wisdom.00:00 Invest capital, start business, make significant sales.05:48 Focus on action, ask for what you want.08:28 Solving problems leads to business opportunities.12:14 Investing for the long term mindset success.15:46 Stick with building software, service for 100 days.17:45 Neighbors reject business idea, reflect on skills.20:30 Search docusign emails, talk to contacts, simplify.25:25 Compounded momentum in business, longevity needs acknowledgment.28:04 Instagram showcases idealized lives, but hides struggles.32:31 Rejection and failures are learning opportunities.35:44 Overcoming fear of rejection leads to growth.38:56 "Start small, build courage, gain confidence, succeed."40:48 Invest wisely, pursue happiness, change generational cycles.46:21 Noah's book inspired successful entrepreneur journey.47:07 Noah, thanks for your valuable, inspiring message.You can find more about Noah including his wonderful book here:NoahKagan.comFor 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.comToday's show is sponsored by:Get 55% off at Babbel.com/BEGINNERS.Go to greenchef.com/60beginners and use code 60beginners to get 60% off, plus 20% off your next two months!Use promo code INVESTING today at shipstation.com to sign up for your FREE 60-day trial.SUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

The podcast explores investment strategies for different stages of life and emphasizes the importance of determining investor's phase. They discuss the trade-offs and risks associated with different investment categories, as well as the income generation potential of real estate. The hosts also debate between stock picking and index funds, and stress the importance of personal preference in investing.

The podcast explores Peter Lynch's investment strategies and how they apply today, including focusing on suppliers during a gold rush and strong balance sheets during crises. It emphasizes the importance of knowing your investments and conducting research. The hosts provide practical advice on finding specific stocks using tools like finviz.com. They discuss the importance of understanding a company's future and paying the right price. The podcast also debunks the myth that complex math is necessary for investing, highlighting the importance of research and stock screeners. It emphasizes finding durable and profitable companies, considering the price paid for stocks, and investing in established companies for big gains.

This podcast episode provides tips for beginner investors on how to wisely invest $500, including strategies like monthly investment increments and understanding dividends. It also discusses portfolio diversification, the impact of Starlink's satellite-based services on Crown Castle's stock, and practical tips for staying informed and grounded amidst the endless stream of investment news. The hosts also explore strategies for paying off credit card debt and the importance of building consistent habits for long-term wealth.

Ian Cassel, expert in the world of Microcap Stocks, discusses his journey from a limited college fund to becoming a full-time investor. He highlights the advantages of microcap investing and the need for independent research. The podcast explores the unique challenges and opportunities of investing in small, overlooked microcap companies. Cassel also shares insights on sourcing ideas and researching investments in microcap stocks, and the importance of understanding accounting and building relationships. Overall, the podcast offers helpful advice for those interested in microcap investing.

The podcast explores the connection between growth and value in investments, discussing how revenue growth influences company value. Strategies for tracking investments for taxes are shared, including the use of spreadsheets and brokerage apps. The benefits of directing funds to a Roth 401K or a rollover IRA for future financial security are highlighted. The hosts also discuss the importance of staying focused on long-term holding strategies, maximizing 401(k) benefits, and having a mentor for success in investing.

Andrew G, finance enthusiast turned pickleball facility co-owner, shares his journey and discusses automating finances, investing in index funds and ETFs, analyzing and acquiring a physical business, the challenges and rewards of pickleball, scalability of the business, funding through seller financing, and safe investing.