The financial markets can be overwhelming, especially if you don’t have the time or training to follow it. Still, about 61% of Americans own stocks. Unfortunately, as we’ve seen recently, tariffs and other sources of volatility can significantly impact everyone’s wealth and net worth, fast! That makes this a great time to refresh your understanding of Wall Street.
Silas Myers, CFA, joins us to demystify the stock market. He offers advice for young people starting out in life, and for all investors generally. He also shares the one stock he won’t touch right now. Can you guess what it is?
Chapters
00:00 Intro
01:29 What do you know about the stock market?
03:05 Guest introduction
05:37 Working on Wall Street
07:58 Why should people care about the stock market?
09:14 What’s an ETF?
10:16 How much is one penny, doubled everyday, for 30 days?
13:58 Investing
14:42 S&P, Nasdaq, Dow, REIT
17:10 ETF or REIT
18:05 Advice for younger people
20:47 Socially responsible investing
24:14 Boycotts and backlash
26:38 What Silas wishes he had been taught
30:28 Conclusion
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