Investing for the future is a scary proposition, what if I pick the wrong company, what if I buy at the wrong time? These are all questions that beginning investors ask themselves.

But it doesn’t have to be that scary, there are simple, easy to choose options for those starting out that allow you to invest without a lot of work on your part, that over the long term will help you grow your wealth.

In today’s episode, Andrew and Dave discuss some of those options plus how to open a brokerage account.

A few concepts covered in today’s episode:

* Using ETFs to mimic the stock market as early investments that are low cost, and low maintenance* How to open a brokerage account* The basics of a discounted cash flow model (DCF) to value companies* The mindset to approaching valuations and different inputs* Staying with the devil you know, as opposed to finding a devil you don’t know.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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Transcript

Announcer (00:02):

I love this podcast because it crushes your dreams and getting rich quick. They actually got me into reading stats for anything you’re tuned in to the Investing for Beginners podcast led by Andrew Sather and Dave Ahern. A step-by-step premium investing guide for beginners. Your path to financial freedom starts now.

Dave (00:32):

All right, folks. Well, welcome to the Investing for Beginners podcast. This is episode 180 tonight. Andrew and I are going to get back to reading some listener questions. We’ve got some fantastic ones. And so, without any further ado, I’m going to turn it over to my friend, Andrew, and he is going to read the first question for us. And then we’ll do our little give and take.

Andrew (00:52):

Yeah, let’s do some give and take. I’m gonna flip the script a little bit here. So I got one question from one of my brothers, and I would like to share it. It texts to me; it’s a very, very simple thing he wanted. As beginners coming into the market, I feel that a lot of people might want to know just how easy it is to get started. So my bar, I basically said, I want to start putting into an investment, how something where I don’t necessarily have to watch it all th...