About the Episode
This week’s episode features Brian Feroldi. Brian is a financial educator, author, speaker, creator, and YouTuber. Brian began investing in 2004. He had no idea what he was doing at first, but as his experience and knowledge of the stock market developed, his returns improved considerably. He enjoys assisting others in making better financial decisions, particularly with regard to investments. He joined us today to talk about his book, ‘Why Does the Stock Market Go Up?: Everything You Should Have Been Taught About Investing in School, But Weren’t.’
According to Brian, the most powerful time to start investing is when you are young. The more time that you have on your side, the more powerful the dollars that you are putting into the market. Brian shares the common investing mistakes people make and how to avoid making those mistakes.
We explore the benefits and potential pitfalls of taking a company public and investing in mutual funds. Brian also dives into the history of the Dow Jones Industrial Average and the creation of the S&P 500. Additionally, Brian discusses the importance of finding a good financial advisor and the various investment accounts available. The episode ends with an explanation of how bid and ask prices work in the stock market and the impact of market fluctuations. Whether you’re a seasoned investor or just starting out, this episode offers valuable insights into the world of finance.