Scott and James discuss the most how individual stocks compare to investing in funds.

NEW: We're on YouTube here!

Listener Question:

I listen to your podcast and it has inspired me to invest however, I have invested into individual stocks and it has lost around 50% of its value so I invested money into VOO because I thought it was safer and I continue to invest $55 every two weeks im 18 and this is what I can comfortably afford how do I build my wealth for the long term should I continue to invest in the S and P or is there another thing you recommend?

Planning Points Discussed

• Utilizing Time Efficiently
• Capital Appreciation
• Purchasing Power
• Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

2:30 - We're on YouTube HERE!

6:17 - Individual Stocks

10:30 - Truth of Money

13:16 - Funds Overview

18:20 - Financial Planning

20:53 - Stock Investing

26:49 - Growth Mindset

33:00 - Aligning Your Financial Goals

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James

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Scott

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