Welcome to the Investing for Beginners podcast! In today’s episode, we have a bunch of great listener questions and this time its from Spotify! A great feature to connect listeners and hosts so keep the questions coming! The episode today will revolve around a few important topics namely the timing of your investments, time horizon, portfolio allocation and more so listen on!
Timestamps of the episode:
-Is it too late to invest in your Roth IRA? [02:10]
-Your investment time horizon dictates your portfolio mix. [05:40]
-Being scared in investing vs investing the money you can’t afford to lose. [08:38]
-Is there even a safe way to invest? [12:51]
-There is no magic number in portfolio allocation. It is whatever that makes you sleep well at night. [15:17]
-It’s always the consistent habit of putting money to work that compounds wealth. [20:13]
-Taking profits out of your ROTH IRA’s, is it sensible to do it now? [20:42]
Note: Timestamps may differ and are approximate, depending on your podcast player.
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You can find the transcript of today’s show below: