Really Simple Investing Podcast
If you're a young professional looking to build long-term wealth through simple investing strategies, or simply improve your money management skills, the Really Simple Investing podcast is for you. This podcast is for listeners seeking long-term financial well-being. If you are looking for uncomplicated strategies for investing, listening will provide you with insights and advice from experts in investing, financial literacy and personal money management.
The Really Simple Investing Podcast is dedicated to interviewing investors, authors, and leading financial authorities to provide listeners with straightforward and accessible ways to invest in stocks, bonds, mutual funds and exchanged traded funds. Plus, the podcast brings you insights from experienced traders in commodities, futures, options and even cryptocurrency.
You will be learning from successful investors' experiences, gaining insights into income-focused investing, and understanding low-risk quality investment opportunities like buying quality dividend paying stocks, holding index funds and income producing real estate.
The focus is on providing accessible investment strategies that build lifelong portfolios, achieve financial security and independence. If you are new to investing or simply want to learn more, listening to the podcast each week will bring you access to experienced investors, traders and educators who break down investing principles in ways that make it easy to start building wealth, even if you are starting at zero.
Really Simple Investing Podcast
Empowering Women: Expert Tips for Safe Day Trading and Financial Independence
Erin Thompson, a financial freedom architect, shares her expertise in safe day trading and helping clients with their finances. She emphasizes the importance of investing even while paying off debt and recommends starting with small amounts of money.
"I really want to help other people, particularly women, to be able to make a plan for themselves and execute on the plan so that they can completely change their future." – Erin Thompson
Erin's journey is as fascinating as her expertise. With a background in engineering, she brings a meticulous and analytical approach to personal finance. Her transition into the financial realm was driven by a passion to help others, especially women, to demystify the stock market and build wealth confidently.
Erin teaches technical chart reading and risk management to her clients, focusing on low-risk day trading. She advises clients to look for specific patterns and trade during specific times of the day. Erin also helps clients with their money mindset and budgeting and offers classes and coaching for day trading. She believes in a comprehensive approach to financial success.
Learn more about Erin and her programs/trainings at: Learn more about Erin and her programs/trainings at: invitemoneyintoyourlife.com
Catch her on Instagram: https://www.instagram.com/invitemoneywitherin/
and Facebook: https://www.facebook.com/InviteMoneyIntoYourLife/?locale=es_ES
Main Points in the Interview
· Erin Thompson's expertise in safe day trading
· Her background in engineering and personal finance
· Approach to helping clients navigate debt, investing, and financial independence.
· She believes in investing while paying off debt.
· Different types of investing: long-term buy and hold, swing trading, day trading
· Accessibility of investing through low to no commission brokerages
· Importance of risk management and use of cash accounts in day trading
· Starting day trading with as little as $100
· Higher probability setups for trading
· Practical aspects of day trading: stop orders, setting specific trading times, active monitoring, and risk management.
· Investing while paying off debt can be beneficial due to the power of compounding interest.
· Day trading can be started with as little as $10 and there are many low to no commission brokerages available.
· Technical chart reading and risk management are important skills for day trading.
· Day trading requires identifying patterns and trading during specific times of the day.
· A comprehensive approach to financial success includes money mindset, budgeting, and long-term investing.
Chapters
00:00 Introduction and Background
02:08 Helping Clients with Debt and Investing
04:11 Investing with Small Amounts of Money
06:03 Technical Investing and Risk Management
09:29 Identifying Patterns for Day Trading
12:52 Timing and Strategies for Day Trading
15:27 Selecting Stocks for Day Trading
20:00 Classes and Coaching for Day Trading
21:20 Money Mindset and Budgeting
23:20 Risk Management and Discipline
25:05 Starting Small and Long-Term Investing
27:48 Comprehensive Approach to Financial Success
28:56 Conclusion and Contact Information
Learn how to make investing simple for anyone and get on a path toward wealth.
