Careers and Cash Flow

If you've spent any time on the internet recently there's a good chance you've been hit by 1 or 1,000 ads asking you to join a Forex (foreign exchange) trading scheme as the latest way to get rich quickly. Not surprisingly, these promotions spiked during the current pandemic while many people are stuck at home, desperate for a way to make money. Today we keep it quick and dirty with a hot take on whether these schemes are legitimate and how likely you are to become wealthy by joining the club. Warning: Catch figures, not feelings today. 🙂 Essential financial education for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

On this episode, we explain the way dividends work including how you can use them to start building passive (automated) income. We start by debunking some common misunderstandings about stocks and dividends. Following that, you will learn the four key dates to know for navigating dividends. To wrap up, we discuss three dividend types including one you may not think of immediately. Essential financial education for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

Stock splits are a relatively common action companies take where the trading price of the stock is divided and shareholders receive additional shares. The total value of the shares remains the same, but the price and number of shares outstanding change. At the time of this recording in August 2020, some big-name companies such as Apple and Tesla are less than two weeks away from executing stock splits. In this episode, we explain how it works and what you need to consider in deciding whether to make a move before or after the split. Essential financial education for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

If you ever have the chance to observe a baby grow over an extended period of time, you may start to identify some of the same behaviours you see in your adult self or other adults. Today we look at five baby behaviours that are hindering your career and financial goals. Time to grow up! Essential financial education for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

Do you just save money or invest it as well? If you're only saving, then chances are you're quietly losing money.

As a rough example, if your saving account is paying 1% interest, but inflation is growing at 3%, then you are effectively losing 2% each year. For this reason, money-minded people invest a portion of their money to keep up with and hopefully beat the effect of inflation.

Essential financial education for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

Taking your financial status to a new level can feel a lot like moving to a foreign country. You will find that people have different habits here and speak a different language. Let's start working on crucial vocabulary so you can navigate the financial streets like a boss! Today we explore the difference between a stock market and a stock index. Next week, we look at how you can tap into these to start earning income and value. Essential financial education for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

Welcome to the 6th and final (for now at least) part of the Own A Home? series. So far we have covered why this conversation even matters, whether you should buy, build or keep renting, how to get a bank loan approved, working with real estate agents and much more. Here in part 6, we jump into some legal considerations around different ways to structure the deal. Should you own the property in your name or place it as an asset inside a company or other structure? If you buying with a spouse or partner, how do you make sure each person owns the right percentage and protects their interest in the property? ***Important Disclaimer*** This is for informational purposes only and should NOT be considered official legal advice. Laws and regulations differ by country and jurisdiction, so be sure to consult a qualified lawyer familiar with how things work in your location. Essential financial advice for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

On part 5 of the Own A Home? series we bring you the inside secrets to working with a real estate agent to choose the right property for you. Our guest today is Kathleen Vega (full bio here), a real estate agent serving clients in Panamá. On the inside:

• Learn how to spot red flags and choose a good agent.
• Get an agent's perspective on how close a winning deal.
• What to look for when she process and understand.
• Understand how to navigate a home-buying fair/convention
• What can increase the value of a property and make it easier to rent or sell.

Connect with Kathleen here: Web: www.kathleenvega.com Facebook: https://www.facebook.com/kathleenvegapa Instagram: https://www.instagram.com/kathleenvegapa Essential financial advice for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

New Name? Focus The Fire podcast has been a fun, evolving project over the past 4 years. Now with more clarity, we are refocusing and making adjustments to help our name and branding line up with the content. We want to help professionals like you connect your career moves with your wealth goals. In this special episode, Dalan gives you the story behind the 2020 rebranding to Careers and Cash Flow and what you can expect from the "new" show. Essential financial advice for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @careersandCF www.twitter.com/careersandCF Help us create more great content: patreon.com/dalanv

Before we can seriously talk about investing, let's get your finances under control with 10 easy ways to save money. Working in accounting and banking for the past 10 years, you get to see the range of ways people manage to make and lose money. This episode is a brief summary of the top things to avoid and rules to follow. If you have any questions or suggestions drop a comment below or connect on twitter. Question of the day: What's the most money you have ever been able to save? Essential financial advice for ambitious young professionals. Full show notes and other resources available at www.dalanvanterpool.com/podcast Connect with host on twitter @dalanv www.twitter.com/dalanv Connect with show on twitter @focusthefire www.twitter.com/focusthefire Help us create more great content: patreon.com/dalanv