Confidante Investor

It's been an exciting few months in financial markets since Kristen and Colby began discussing the confidence of investing in Episode 1. In a short period of time, we have seen FOMO wreak havoc in Crypto while the media has convinced everyone there is a real life David vs. Goliath happening in MEME stonks. All the while Kristen has successfully applied the tools and resources of Confidante Investing in Episodes 2-8 to create some rockin’ returns on her paper trading and now she is ready to work with real money. 

Join us in Episode 9, the Season 1 Finale, and listen to how Kristen's confidence and skill set has changed over the past few weeks and how the tools and resources she has learned and applied can be useful for your money and investing life. You'll hear which investment sectors Kristen and Colby believe could be in long term secular growth phases and fit well within their long term investment buckets as well as which investment sectors and markets may fit for shorter term swing trades as a way to add some potential alpha or umph' to an investment account. 

List of Topics/subjects discussed 

• How the knowledge and tools of “Confidante Investing” have helped 
• Results of Kristen's paper trading 
• Learning from our winners and loser 
• The Emotions of Winning and Losing and how to act like a WINNER 
• Our Long Term Sectors and why 
• Sectors of interest with possible secular growth trends 
• Our Short Term or Swing Trade Sectors and a LOT MORE!!

3 Lessons Learned

• What's the difference between day trading and swing trading? 
• What is a day trading account and "round trips"? 
• How smart money acts vs dumb money during the trading day 

Credits: 

• Production - Seth Cross - Frontal Lobe Productions
• Intro/Outro - Chad Bailey
• Sponsored by - Quiver Financial
• Music - Future Looks Bright - Nick Petrov

Podcast and Social Media Links:

Click on the link below to find your favorite podcast hosting site, our social media and website links and make sure to subscribe and follow us on social media! Please leave a review if you enjoyed the show, it helps bring in more listeners. 

All of our links!

Times have become exciting as Kristen basks in the glory of her 420 paper trading profits.  WOW, How things have changed since she got bit by the Doge.  

With the investment euphoria that is currently happening in so many markets everything seems to be moving fast, causing the potential for a lot of distraction and loss of focus so it’s a good time to drill further down into the rabbit hole of why having a plan and structure to our investment process is so important to building a portfolio that is both opportunistic and timely focusing on both long term investment goals and shorter term life needs.

Recorded 6/7/21. This is not intended for investment advice.

List of Topics/subjects discussed

How to stay focused and manage wild markets - back to the fundamentals

The details of portfolio structure

• Types of accounts 
• Feeding long term and short term desires
• Identifying sectors for potential growth

Want more Alpha? How to add a tactical approach.

3 Lessons Learned

• The importance of being appreciative in investing and trading
• The tool for smart decision making - Reversion to the mean
• Investing and trading - how to build a portfolio for both

Credits: 

• Production - Seth Cross - Frontal Lobe Productions
• Intro/Outro - Chad Bailey
• Sponsored by - Quiver Financial
• Music - Future Looks Bright - Nick Petrov

Podcast and Social Media Links:

Click on the link below to find your favorite podcast hosting site, our social media and website links and make sure to subscribe and follow us on social media! Please leave a review if you enjoyed the show, it helps bring in more listeners. Visit www.confidanteinvestor.com for past episodes, podcasts and disclosures.

All of our links!

With Crypto and “Stonk” Markets hitting all time highs the FOMO is palatable and investors may be setting themselves up for some pain and heartache ahead. The Crypto markets just cracked with Bitcoin dropping from $60k+ to below $30k in a matter of days.  The stock market charts look highly overvalued and vulnerable.

How does an investor keep themselves out of trouble with all this emotion and volatility happening? As Kristen asked in previous episodes, "Who do you listen to? And, WTF is going on? These questions and more are discussed as Kristen and Colby share some of the tools and resources many experts use when they are investing with diligent risk management.  

This is a “must listen” (and watch!) on your path to becoming a Confidante Investor.

Recorded 5.27.21

Key Takeaways

• Managing Emotion with Fundamental and Technical Analysis
• Markets and Nature - The Importance of Reversion to the Mean
• Fundamental Analysis Explained
• Technical Analysis Explained
• Denial Panic Continuum
• Get into the Charts - A Long Term View of Markets
• Reversion to the mean
• Position Sizing
• More Charts - From a Shorter Time View
• Resistance and Support
• Using Stops 
• Trading and Taxes
• Exchanges and Trading Platforms Matter
• Are They Really For The Little Guy? And Wrap up

Credits: 

• Production - Seth Cross - Frontal Lobe Productions
• Intro/Outro - Chad Bailey
• Sponsored by - Quiver Financial
• Music - Future Looks Bright - Nick Petrov

Podcast and Social Media Links:

Click on the link below to find your favorite podcast hosting site, our social media and website links and make sure to subscribe and follow us on social media! Please leave a review if you enjoyed the show, it helps bring in more listeners. 

All of our links!

Kristen has gotten further into crypto, but isn’t really sure what she is doing. Fortunately she only invested $300, because she bought in right at the peak and lost 33% of her profit overnight(Recorded 5/21/21 ). FOMO is real! Kristen also downloaded her first trading app and realized there is much more to learn before making moves! 

Colby introduces the panic/denial continuum and they discuss the market manipulation at play in social media. As the old adage goes “When other people are fearful, be greedy; when everybody is greedy, be fearful”. Now that Kristen has downloaded a trading app, and dipped her toes into some speculative crypto plays, Colby introduces the next steps of the process: determining portfolio structure and investment goals. 

It’s time to start thinking about investment sectors of interest, learning to identify trends, and determining time frames for investments(looking at you, capital gains tax!).

Recorded 5/21/21  

List of Topics/subjects discussed

• FOMO struck Kristen again...
• GME sentiment inspires the cynic in Kristen, but Colby isn’t so easily sold on the short squeeze motivations of reddit “Apes”
• Kristen downloaded WeBull and realized she is FAR from executing trades. There is a lot of technical information to absorb, but does ALL of the information matter? 
• Colby busts out some charts (watch the episode on youtube here and follow along!)
• Denial Panic Continuum
• Fight the FOMO - it’s the opposite of herd mentality. Don’t get caught with too much toilet paper, but also, scarcity is a bad place to operate from. Finding balance requires fundamental and technical analysis
• 3 Steps to a solid portfolio structure

3 Lessons Learned

• Market manipulation is real. Who is your info coming from?
• “When other people are fearful, be greedy; when everybody is greedy, be fearful”
• The basics of portfolio structuring and why it’s important to determine from the start

Credits: 

• Production - Seth Cross - Frontal Lobe Productions
• Intro/Outro - Chad Bailey
• Sponsored by - Quiver Financial
• Music - Future Looks Bright - Nick Petrov

Podcast and Social Media Links:

Click on the link below to find your favorite podcast hosting site, our social media and website links and make sure to subscribe and follow us on social media! Please leave a review if you enjoyed the show, it helps bring in more listeners. 

All of our links!

Do you struggle to navigate the volatile world of cryptocurrencies? Well, you are not alone. When Kristen received a tip that Elon Musk was going to be on Saturday Night Live and promote Dogecoin, she decided to take a risk and buy some. She bought $95 worth of Dogecoin which then dropped significantly in value. Even professionals who trade and invest for a living go through the same struggles. Today on the Confidante Investor Podcast we discuss the problem of not knowing who to listen to when it comes to predicting the value of cryptocurrencies and other volatile markets, as well as the confusion created by transference and the fear of missing out. Tuning in you’ll find out valuable tips to make better decisions in the future. You’ll hear about the concept of ‘Buy on the rumor, sell on that fact,’ the importance of timing, and position sizing which is usually the biggest mistake people make when they make investments like this. Find out why you should divvy up your investments into tranches, why you should always look at charts and the contrarian approach to investing where you do almost everything against your feelings. For all this and to find out what Kristen should do next with her Dogecoin, tune in today!

List of Topics Discussed:

• How Elon Musk being on Saturday Night Live led Kristen to take a gamble on Dogecoin. 
• The problem of not knowing who to listen to when it comes to predicting the value of cryptocurrencies.
• What Kristen’s thoughts and feelings were when she made the purchase.
• The concept of ‘Buy on the rumor, sell on that fact,’ and why Kristin’s timing was poor.
• The concept of ‘transference’ and how to know whose advice to trust.  
• The biggest mistake people make when they make their first investment: position sizing.
• What Kristin should do next with her Dogecoin.
• Why you should divvy up your investments into tranches. 
• The concept of the secular rising tide and how it relates to volatile cryptocurrencies.
• The problem of opportunity cost: Money invested could be more profitable elsewhere. 
• The importance of always looking at charts. 
• What to expect from the next episode: the technical nature of understanding charts and volatility. 

3 Lessons Learned:

1. Buy on the rumor, sell on that fact, and the importance of getting involved ahead of the curve.

2. The problem of position sizing, and why you should start small when making risky investments. 

3. The contrarian approach to investing: if you want to sell, you should probably be buying.

Credits:
Production - We Edit Podcasts
Music - Future Looks Bright - Nick Petrov

Podcast Links:
Click on the podcast hosting site you use below to subscribe to this podcast!
Please leave a review if you enjoyed the show, it helps bring in more listeners!
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Links Mentioned in Today’s Episode:

Qui

Whether you are a conservative investor or a risky one, interested in short-term or long-term investments, have a lot of money, or just a little bit, today’s episode will give you some clarity around the process of deciding where to invest, and how to manage risks associated with your investments. We can’t predict the future and therefore investing can be nerve-wracking, as Kristin knows all too well! However, if you know your timeframe and you understand your money personality, you are already on the path to success. In this show, Colby offers explanations of a number of important topics; from capital gains taxes to wash-sales, to the difference between investing in public and private companies, and what your financials should look like before you start investing in the latter. Although shorting is only something that should be done when you have capital, and investing experience, Colby shares with Kristin how she can train herself for the time when she is ready to short the cannabis companies that she has no faith in. Tune in today for this informative discussion! 

List of Topics Discussed:

• Struggles that Kirstin has when it comes to investing her money.
• We can’t predict the future, but we can learn to manage risks. 
• The two core elements that will help you decide how to go about investing; knowing your timeframe and understanding your money personality.
• Different risk profiles, on a scale of one to 10.
• An explanation of what annuities are.
• Questions you should be asking yourself before taking risks.
• Short-term and long-term capital gains. 
• Wash-sales, and why it’s important to be aware of these.
• Why many companies in younger, more nascent industries, can’t pay dividends.
• Investing in public companies versus private ones.
• The best way to invest $10,000. 
• Why Kristin has no faith in some of the cannabis companies that so many people are putting money into.
• Paper trading, and how it can be beneficial to you.

3 Lessons Learned:

1. Feelings of anxiety around investing are pervasive. 

2. How risk profiles and timeframes determine where you should be investing your money. 

3. Differences between investing in public companies and private ones. 

Credits: 

Production - We Edit Podcasts

Music - Future Looks Bright - Nick Petrov

Podcast Links:

Click on the podcast hosting site you use below to subscribe to this podcast! 

Please leave a review if you enjoyed the show, it helps bring in more listeners! 

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Listen Notes

Links Mentioned in Today’s Episode:

Quiver Financial

Colby McFadden

Kristen Yoder

CannaBS Detector

From brokerage firms to apps, mutual funds, index funds, crypto, ETF’s, and many others, there are so many different ways to invest. After discussing money personalities and the differences between short-term and long-term investments in our last episode, today we discuss how to move forward on your journey to financial success. Tuning in, you’ll hear about the differences between investments and speculation tools, and factors to consider before investing in either. We discuss what ‘noise’ is, the importance of having a plan so you are not distracted from achieving your goals, and how looking at things from fundamental and technical perspectives can help you manage your risks and invest with the long-term in mind. Find out why you shouldn’t always trust the press or investors, what exchange-traded funds are and how they are different from mutual funds, and how to choose the right app or investment custodian for you from the many that are available. To figure out the next steps you should be taking to build a portfolio and develop an action plan, tune in today!

List of Topics Discussed:

• The difference between an investment tool and a speculation tool. 
• How what you invest in should be determined by whether it’s a long-term or short-term investment.  
• What ‘noise’ is and the importance of having a plan so you are not distracted by it.  
• Why you should think of things from both fundamental and technical perspectives when investing. 
• Why you shouldn’t always trust investors or the press.
• What exchange-traded funds are and how they are different from mutual funds.
• The next steps to build out a portfolio and develop an action plan. 

3 Lessons Learned:

1. The difference between an investment and a speculation tool: The former pays out a dividend, while the latter is an item that you believe will increase in value over time.

2. You should utilize fundamental and technical analysis to help you invest for the long term and manage your risks.

3. What exchange-traded funds are, how they are different from mutual funds, and when to invest in each.

Credits: 

Production - We Edit Podcasts

Music - Future Looks Bright - Nick Petrov

Podcast Links:

Click on the podcast hosting site you use below to subscribe to this podcast! 

Please leave a review if you enjoyed the show, it helps bring in more listeners! 

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Listen Notes

Links Mentioned in Today’s Episode:

Quiver Financial

Colby McFadden

Kristen Yoder

CannaBS Detector

Confidante Investor on Instagram

Robin Hood 

Boiler

Before you can figure out where and how to invest your money, it’s important to understand your own money personality. This will help you to determine what your strengths are so that you can lean into them, and what your weaknesses are, so you can turn them into strengths. Today on The Confidante Investor Podcast, we discuss the different money personality types, how to factor in your own in order to find investments that best suit you, and how you can benefit from emulating certain characteristics of other personalities. Tuning in, you’ll hear about the dangers of putting off financial decisions or making them under stress, the importance of setting boundaries with others, yourself, and your environment, and how to factor in your timeframe to establish an investment plan for yourself. Find out how by following the right rules you can achieve success irrespective of your money personality type and other tips on how you can start to formulate your own plan for your financial success today.  

List of Topics Discussed:

• The importance of understanding your money personality when it comes to saving and investing.
• How you can use this to lean into your strengths and improve on your weaknesses.
• The dangers of making financial decisions under stress or putting them off. 
• How to adjust your investment style to factor in your timeframe and your personality. 
• The benefits of emulating certain characteristics of other personalities. 
• The importance of setting boundaries with others, yourself, and your environment. 
• How following the right rules and plan can work for any personality.
• A breakdown of the different money personality types.
• How to factor your timeframe into your investment plan. 

3 Lessons Learned:

1. Understanding your money personality will help you to play into your strengths and develop your weaknesses.

2. Combining your personality and your timeframe will help you formulate an investment plan. 

3. Regardless of your personality, always put away 10 percent of your income.

Credits: 

Production - We Edit Podcasts

Music - Future Looks Bright - Nick Petrov

Podcast Links:

Click on the podcast hosting site you use below to subscribe to this podcast! 

Please leave a review if you enjoyed the show, it helps bring in more listeners! 

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Listen Notes

Links Mentioned in Today’s Episode:

Quiver Financial

Colby McFadden

Kristen Yoder

CannaBS Detector

Brunch & Budget 

Hidden Brain

Mint 

Here at the Confidante Investor Podcast, our aim is to help you up your investing game and build the confidence necessary to make smart decisions and act on your strategies. The truth is that for far too long investing has been a completely male-dominated space, and in today's episode we look at some of the reasons for this. Science has shown the links between testosterone and increased willingness to engage with risk, as well as the effect it has on optimism about future results. The upside of this is that there are certain avenues to explore that can help women increase their investing confidence and get comfortable in spaces that have traditionally been exclusionary. Kristen and Colby talk about some commonly held views about gender and money, looking at the idea of “fake it 'till you make it”, and money personalities too. Our hosts also look at some interesting studies that illuminate the reality for many female investors, and how this information can be used to make progress. So for this great first episode, and many more to come, stay tuned!

List of Topics Discussed:

• The genesis of this show and the goals that we hope to achieve through it. 
• Differences between male and female approaches to confidence, business, and money.
• Adjusting the "fake it 'till you make it" paradigm; using visualization to train the mind.
• What the last twenty years show us about the relationship between women and investing.  
• Building confidence through education and healthy practices. 
• Getting to grips with your money personality; are you a saver or a risk-taker? 
• The different archetypes and how they relate to investing strategies and behaviors. 
• Expanding confidence into less familiar industries and uncomfortable spaces. 
• The issue of representation and the degree to which this must be shifted.

3 Lessons Learned:

1. Higher testosterone levels lead to increased confidence and optimism about the future.

2. Using visualization can help to empower the mind and lead to greater achievement of goals.

3. Knowing your money personality will help increase your confidence as an investor by playing to your strengths.

Credits: 

Production - We Edit Podcasts
Music - Future Looks Bright - Nick Petrov

Podcast Links:

Click on the podcast hosting site you use below to subscribe to this podcast!
Please leave a review if you enjoyed the show, it helps bring in more listeners!
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Listen Notes

Links Mentioned in Today’s Episode:
Quiver Financial
Colby McFadden
Kristen Yoder
CannaBS Detector
Renee Gagnon
Hollyweed North
Women Grow