Hey rich girls! Don't let the finance bros scare you off from investing—it's not that deep. If you're an absolute beginner to investing, you're in the right place. Today, you'll get the tools to get started, avoid overwhelm and invest without losing sleep. From index funds to dollar-cost averaging to potential pitfalls—we've got you covered. So let's put your money to work!

But don't forget: this isn't financial advice.

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In today's episode, we cover the following:

• Birdie and Bogey of the week (1:31)
• Introducing Mailbox Money and answering our first question (9:23): What I don't know a lot about is investing. Where should my money be? Should it be in savings, the stock market? A retirement account? (10:23)
• What are index funds? (15:06)
• Intro to the S&P 500 (19:42)
• Exploring brokerage accounts (25:11)
• Why index funds are good for your cortisol (28:29)
• Bigger picture strategies for the stock market (30:47)
• Hot Stock Tip of the Week: Read I Will Teach You to Be Rich by Ramit Sethi (34:28)

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RESOURCES

• Episode 005: Afford Everything You Want
• Purchase I Will Teach You to Be Rich by Ramit Sethi

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Today's episode is sponsored by the 10th House. Scale and grow your business with like-minded women. Send in your applications for the next cohort by September 22nd, 2023 and use the code OLDMONEY for 15% off your annual membership!

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Connect with the Old Money Podcast:

Web: OldMoneyPodcast.com

Email: [email protected]

Instagram: @OldMoneyPodcast

TikTok: @OldMoneyPodcast

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Copyright (c) Old Money 2023.

The content presented in this podcast is intended to entertain, educate, inspire and support listeners in their personal and professional development and does not constitute business, financial, or legal advice. Please note that this episode may contain paid endorsements and advertisements for products and services for which individuals on the show may have a direct or indirect financial interest in products or services related to the episode.

Produced by AFMEDIA, a division of AFMKTG