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Investing in the stock market does not involve gambling. It requires a strategy and a solid foundation of knowledge. In this clip from today’s InvestED podcast, Jake Taylor sits down with Danielle to discuss luck vs. skill in investing, and why it’s important to stay in a growth mindset. https://bit.ly/3gNC6VF
Learn how to invest and make decisions with confidence with the Rule #1 Cheat Sheet for Smarter Investing. Click the link above to download!
Listen to the rest of this podcast episode and find other episodes on our website: https://bit.ly/r1-podcast
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Looking to master investing? Attend one of my 3-Day Transformational Investing Workshops, virtually! Reserve your seat here: https://bit.ly/r1-virtual-workshop
#invest #investing #investingbasics
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Timestamps
00:00 – Investing hygiene recap
01:11 – How to stay in a growth mindset
02:05 – Danielle COVID-19 update
03:25 – Luck vs. skill in investing
08:29 – Recap and investing resources
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Top 4 401K Investment Management Best Practices
Investment management is one of the most crucial matters of concern. If you are young and have many years before you retire, you must start following the top 4 401K investment management best practices. If you are old and have already lost more than 30% of your retirement, these best practices would repair the most of your damage.
Why Add Gold and Silver to Your IRA Account?Adding precious metals to Individual Retirement Accounts (IRA) was made possible by the Tax Payer Relief Act in 1997. This now includes gold, platinum, and silver. As a method to achieve diversification of investment funds, some IRA account holders place gold in their IRAs. As a general rule, when stock prices drop the price of gold rises. This can even out the value of your portfolio in a weak period for the stock market.
401Ks and IRAs: Saving and Investing For Your RetirementA 401k is a retirement savings plan which allows you to put a percentage of your earned income into it before paying taxes. Your employer will normally contribute to your 401k by matching a percentage of whatever you put into it (that’s free money). You can then invest this saving into different types of investments such as stock, bonds, and mutual funds.
Protecting Your Future by Investing In Gold IRAInvesting in gold is considered to be the best investment these days, even suggested by various financial experts of the world. Some people are making gold investment to become wealthy whereas others are investing in gold IRA and buying silver to protect their hard-earned money for future.
The Procedure to Open a Roth IRA AccountHave you been looking for a secured investment plan for the post retirement period? There are many pension plans available which gives a steady source of income.
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