The seventeenth episode of The Simple Dollar podcast deals with stock investing. How do I invest in stocks (for retirement and otherwise) and why? Total time – 6:50.
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Though I hope you do subscribe using one of the above methods, don’t worry – each episode will be featured in its own post, much like this one, on Tuesday afternoons. The podcast itself may appear earlier than that, however, if you subscribe using one of the above forms, but the notes won’t appear until I post about it here on The Simple Dollar.
Here are some additional notes that go alongside the comments in the podcast. Approximate times for the corresponding links and notes are listed.
0:00 – The theme song is a snippet of a Camper van Beethoven concert on October 25, 1986, shared via their very open taping policy. Listen to the concert in its entirety.
1:12 – I’m not a financial expert.
2:01 – It’s vital to remember that we’re talking about long term goals.
3:21 – A detailed explanation of why index funds rock.
3:52 – I’m not alone in this perspective, either.
4:48 – The Bogleheads’ Guide to Investing is essential reading on these topics.
6:01 – The organization I quickly mis-referred to as the “SIDC” here is actually the SIPC.
One thing I’d like to do in a future episode is have an audio reader’s mailbag. If you have a microphone on your computer and can record an MP3 of a simple, short question you might have on personal finance, careers, pop culture, or anything else you’d like me to answer, record it as an MP3 and send it to me. Keep the total recording under 15 seconds, please. Also, if you use Skype, feel free to ask your question that way – my username is trenttsd.
Comments and suggestions welcome.