You requested and we listened. Welcome to our first “Money Hot Topics” episode all about INVESTING! We get it. Investing feels complicated and intimidating. That ends today. Here’s the truth: if you’re not investing, you’re missing out on a huge money-making opportunity. Listen as Derrick reveals his best investing tools and tips that you can immediately implement so your money works hard for you. You’ll walk away with your investing questions answered and start feeling confident about how to make money.
What you’ll learn…
- Why you should invest no matter how much money you have
- 4 lanes of investing
- Biggest trends you should capitalize on
- Different levels of risk and how to assess each one
- How long to hold a stock and when to buy or sell
Quotes worth reading…
- “I know that you work hard for your money and I want your money to work equally as hard for you.” – Derrick Kinney
- “Investing is simply taking your money, putting it somewhere with an expectation it's going to grow.” – Derrick Kinney
- “As an investor, you have to ask yourself, if you voted for the president or not, ‘how can I make money based on what the situation is?’” – Derrick Kinney
- “Keep disciplined and gradually adding money and eventually the sun does come out and you're betting and you're investing with belief that the market will turn around.” – Derrick Kinney
- “When you pay cash, research verifies this, you actually spend less money. If you just pull out the little plastic square as I call it and pay for things, you're going to be spending about 20% more because cash doesn't physically leave your purse or your wallet.” – Derrick Kinney
- “I want to help our listeners take control, even at a very small level, so they can begin to manage their life and not be managed by it.” – Derrick Kinney
- “How you manage your money, whether small or big, is the first step to taking control of not just your short term, but your long-term financial future.” – Derrick Kinney
- “You're going to need to have faith in the long-term of the market, but also you don't have to invest just in the market. You can invest in real estate. You can invest in shoes. There's a lot of collectible areas that are out there.” – Derrick Kinney
- “The key is to find a philosophy that you buy into and can follow and really understand and that will empower you to make good decisions. Even when times get tough, you'll want to make them because you tied your savings to a goal and a purpose, and that will drive you when things get hard.” – Derrick Kinney
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