Investment Basics: Making Your Benjamins Grow by Investing
Welcome to the Her Two Cents Podcast where your hosts Laura Webb and Faith Doyle come together as two female financial advisors with over 40 years of collective experience to provide a multigenerational perspective on all things money. Our goal is that through these conversations, we can normalize the way women talk about and view money. If it’s all about the Benjamins, then how do you make them grow? A great place to start is: learning about your different investment options, what types of risk and opportunities you have with those choices, and how to match them up to your time horizon and specific goals. Our conversation on investment basics breaks down two of the essential categories of investments: stocks and bonds; to give you a better understanding of what those terms mean. Then we focus on the potential risk and rewards of each. Plus, we share why the adage of: "not putting all your eggs in one basket" is a good one when it comes to investing. Finally, Laura and Faith divulge why leaving your money in cash for long-term goals might be a bad idea.See omnystudio.com/listener for privacy information.