The Investing for Beginners Podcast - Your Path to Financial Freedom

Announcer:                        00:00                     You’re

tuned in to the Investing for Beginners podcast. Finally, step by step premium

investment guidance for beginners led by Andrew Sather and Dave Ahern to decode

industry jargon, silence crippling confusion and help you overcome emotions by

looking at the numbers, your path to financial freedom starts now.

Dave:                                    00:36                     All right folks, we’ll welcome to the Investing for Beginners podcast. This is episode 93 tonight we’re going to discuss it. Buy and sell rules. Well actually we’re going to discuss buy rules. We recently got a great listener email that wanted to chime in on his ideas of some by rules. Andrew and I have discussed those several times in a podcast. Episode 32 we discussed buy and sell rules and that was really popular. And then we also touched on those as well with Braden in episode 88 and so we’ve got this great listener email that I mentioned and we wanted to talk about his bye bye rules. So Andrew, why don’t you go ahead and read the first by rule and then we can talk about it a little bit.

Andrew:                              01:21                     Yeah,

sure. So obviously super inspiring. I think it’s really cool when people who

are listening to our stuff take it and run with it. I’ve said that before. So

the first viral that, um, this is Daniel f first viral that Daniel, um, shared

with us is it must score under 250 on the Vti and must file a readable tank k

that demonstrates good finances that indicate I am getting a bargain. Do you

agree or disagree? I definitely agree. Yeah, me too. That one’s easy. Next,

Dave:                                    01:57                     next

a must pay a dividend and allowed directly reinvestment a drip grows as

investment. Well that’s kind of a no brainer. Yeah, it’s got to pay a dividend

and it’s got allowed direct reinvestment cause that’s how we grow our wealth.

Announcer:                        00:00                     You’re

tuned in to the Investing for Beginners podcast. Finally, step by step premium

investment guidance for beginners led by Andrew and Dave, too decode industry

jargon, silence crippling confusion and help you overcome emotions by looking

at the numbers. Your path to financial freedom starts now.

Dave:                                    00:35                     All

right folks, well welcome to Investing for Beginners podcast. This is episode 92, tonight Andrew and I are

going to read some listener questions and take a few minutes to answer those. This is going to be kind of a refresher episode

on some basics, so things that we haven’t talked about a while. I wanted to

give everybody kind of a refresher on some of those and also to help some

people that are just joining the podcast now that might feel like they might be

a little bit overwhelmed.

Dave:                                    01:01                     So

I thought we thought this would be a great time to talk a little bit about

some, some of the old basics because that’s always the foundation for

everything you ever want to do. So with the first one, Andrew, you’re going to

go ahead and read the first question and then we’ll talk a little bit about

that.

Andrew:                              01:17                     Yeah. Uh, and I’ll also add the disclaimer if you’re brand new and this is something where you’re an absolute beginner and you’re looking to get some really basic stuff. Obviously listen continuously in this episode, but we also have a couple of series that we’ve done that are basically targeted towards people who, you know, might not know anything about investing, personal finance or any of those sorts of things. So starting on the episode for the three, we have what we called back to the basics and that’s a five part series, getting you an introduction on stocks, Wall Street, other sorts of investments, why investing works, how it works. Well,

Announcer:                        00:00                     You’re

tuned in to the Investing for Beginners podcast. Finally, step by step premium investment guidance for beginners led

by Andrew and Dave to decode industry jargon, silence crippling confusion, and

help you overcome emotions by looking at the numbers,

your path to financial freedom starts now.

Dave:                                    00:35                     Welcome

to Investing for Beginners podcast, this is episode 91. Andrew and I are going

to take a moment and answer listener questions. We’ve got some that are some great questions that we’ve had in

our bank, and we wanted to take a few

moments and answer those for you guys. So Andrew, why don’t you go ahead and

read it. The first question?

Andrew:                              00:55                     Yes

sir. So this is a great question from Michael B. we’re going to split it up

because there are two different questions

here. So let’s tackle this first one. Hi Andrew. I used your VTI every week. I love it. I’m here in Canada. The

banks are the most common stock to rise steadily

and had decent dividends, but because of their equity, they would never score

well in the VTI. I know you aren’t a big fan of financial institutions, but

Dave is, and I could care less either

way, but based on trends in Canada, most banks are still selling that less than

$100 a share which based on their EPS increasing consistently in the dividends

increasing regularly.

Andrew:                              01:36                     I want to jump on the bandwagon now. Braden mentioned the banks and both of his last interviews with you too. I don’t know which valuations I need to focus on with a company that makes the most money. The higher their debt is. Thirteen of Canada’s dividend aristocrats are financial institutions, nine of which are banks. I’m not sure if I’m chasing my tail here, trying to convince myself they’re a good buy or not, but I do rely heavily on your VTI spreadsheet because it does take a lo...

Announcer:                        00:00                     You’re

tuned in to the Investing for Beginners podcast. Finally, step by step premium

investment guidance for beginners led by Andrew and Dave to decode industry

jargon, silence crippling confusion, and help you overcome emotions by looking

at the numbers, your path to financial freedom starts now.

Dave:                                    00:35                     All

right folks, we’ll welcome to Investing for Beginners podcast. This is episode 90. Tonight we have a special

guest back from a very popular episode 38. We have a full time a micro cap investor who is the CO-founder of Geoinvesting.com, and he’s going to talk to us about his special

brand of investing, and he’s a really smart dude,

and he’s got some great insights for us.

So why don’t we go ahead and start chatting a little bit about what you wanted

to talk about tonight Maj.

Maj:                                       01:04                     Yeah.

I appreciate the opportunity, and I want

to congratulate you on the success you’re having with your podcast. It’s, I

think we’ve been over a year since we chatted and it’s really good to see your

kind long educating investors, and young

investors and how to navigate the market and I appreciate that.

Andrew:                              01:22                     Yeah,

thank you. We talked off the air before

we started to record this, how we just said a million dollars today, so I’m

going to be popping a bottle of champagne after this.

Maj: