Keisha Bailey is an experienced financial strategist, entrepreneur, and the founder of Profit Jumpstarter, an independent investment advisory and education firm. On this episode of CFO at Home, Keisha and I discuss the fundamentals of different types of investment vehicles; stocks, bonds, cryptocurrencies, real estate, and more.
Key Takeaways
- Stocks - A security that represents the ownership of a fraction of a corporation. Benefits:
- Dividends
- Price appreciation
- ETFs - A bundle of stocks that can be bought and sold
- Bonds - Lending money to a bond issuer (government or corporation) in exchange for coupons (periodic payments)
- Cryptocurrencies - Digital assets on Blockchain technology
- When you purchase you're buying into a finite amount of a digital asset
- Still in the process of becoming a mainstream medium of exchange
- Research is key
- Previous metals (Gold, Silver, etc)
- REITs (Real Estate Investment Trusts) - Efficient way to gain broad-based exposure to the Real Estate asset class
- Discussion of your "what" and "when" helps to define your investment strategy
- Picking the right investment for the right goal can be helpful in maintaining discipline as a long-term investor
Resources
Ways to contact/follow:
Contact the Host - vince@thecfoathome.com
