I share what some intimidating investing terms ACTUALLY mean when you're opening accounts. I help clients open up investment accounts all the time, and the most common roadblock they face is when they're asked if they want to add these "trading features": Options and Margin. In this episode, I explain what these fancy white men words mean.

Margin is basically all about borrowing money to buy stocks. I just use it to take out cash from my Brokerage account if I need to, but I transfer the money ASAP from my savings account to my Brokerage account so I don't pay interest. Options trading is an advanced trading tool that I have also used in my day trading days, but I don't anymore, because honestly, I would much rather buy stocks I can set and forget so I can move on with my baller ass life.  

The language of money is intended to be exclusionary, but I'm changing that. Say no to the margin and options features when opening investment accounts if you are a beginning investor. Here's why!

Book a call to learn more about 1:1 money coaching: https://calendly.com/travelercharly/clarity

Instagram: @Travelercharly

Blog: www.unicornmillionaire.com

I share my perception of semi/early retirement and my 5 reasons to do this as part of our wealth building journey:

1. Being Work Optional

2. Exploring Your Interests

3. To spend more time with loved ones

4. To Travel The World While You Can

5. Unexpected Health Issues Can Arise

Book a call to learn more about 1:1 money coaching: https://calendly.com/travelercharly/clarity 

Instagram: @Travelercharly 

Blog: www.unicornmillionaire.com

Once you've built your 6-12 month emergency fund, have opened your investment accounts and transferred the cash in? What's next? INVESTING THAT SHIT! 

Want to walk through picking investments together? Join my masterclass on Wednesday, 10/5.

We'll answer these questions:

How do I know which stocks to pick?

What is the difference between self managing vs. having a robo advisor account?

How do I buy stocks?

There will be a live Q&A with me. This meeting will be recorded, but attending live will give you the chance to ask me questions. SIGN UP HERE!

Click here for 1:1 coaching.

Each year, the Dinah Shore festival is the largest lesbian and nonbinary party in the world that happens in Palm Springs, California. I go every year, and this was my 4th time going. I share my experience as well as financial planning for the rest of the year before heading off to Taiwan. 

If you wish the stock market were as low as it was 2 years ago, that's exactly what's happening! Join my next masterclass on Wed, Oct 5th @ 1pm et/ 10am pt. Sign Up Here!

We'll answer these questions:

There will be a live Q&A with me. It will be recorded, but attending live will give you the chance to ask me questions. 

To learn about 1:1 coaching with me, schedule a free call here.

Jannese Torres is the founder of Yo Quiero Dinero, an award-winning personal finance podcast that empowers listeners on topics like entrepreneurship, investing, financial independence & money mindset. Jannese is a Latina money expert, entrepreneur, food blogger, & business coach. Each week she drops episodes brimming with POC-friendly personal finance knowledge, served with sazón! She ALSO makes tens of thousands of dollars a month in ad income from her blog.

On this episode, join us to learn from her and the YEARS it took for her to making tens of thousands of dollars a month as an entrepreneur with profitable blogs. 

I also ask her: 

Why is it so important for you to talk about how we shouldn't work for free?

What are your favorite ways to rest?

Do you ever feel guilty resting? If so how do you overcome that guilt? 

What was it like being on a YACHT and giving a speech?! :)

Learn about Jannese's blogging bootcamp here. 

For 1:1 money coaching with me click here.