Why You Need to Invest and How to Get Started (Ep. 24)
Alarming statistics are indicating that a significant number of Americans are not investing enough which leads to not having enough money to last throughout their retirement.
Before you panic, listen to this episode as Billy and Shaun cut to the chase about the importance of investing, and how easily you can get started. They explore investing basics like 401k’s, the benefits of a Roth IRA for tax-free withdrawals, and the pros and cons of buying individual stocks versus mutual funds.
With a focus on long-term investing, Billy and Shaun discuss:
- The shockingly high percentage of those nearing retirement with insufficient savings
- Alternative investment options for individuals without access to a retirement plan
- The difference between mutual funds and individual stocks
- The risks of investing in speculative assets and cryptocurrencies
- How an advisor can remove emotional decision-making and provide guidance in building a long-term financial plan
- And more
Connect with Billy Peterson:
Connect with Shaun Peterson:
Podcast: Play in new window | Download | Embed