Interview with author Will Rainey about the best ways to teach children about money. How to give kids the best financial start in life and help them form the habits and mindset that lead to wealth.
All tagged passive investment
Interview with author Will Rainey about the best ways to teach children about money. How to give kids the best financial start in life and help them form the habits and mindset that lead to wealth.
Interview with author and broadcaster Iona Bain about the increase in stock market and other types of investing amongst young people. Includes discussion of online investing cultures, finfluencers, apps and social media, memestocks like GameStop, and how young people can invest in ways that reduce risk and are likely to bring long term rewards. We also discussed Iona’s new book Own It! and there are details of a giveaway where UK listeners can win a copy of the book.
By the age of 55, financial coach Cathy Boddy had enough money invested to make work optional, over a decade ahead of state pension age when most people think about being able to stop working. Her journey to financial independence didn’t involve hustling 24/7/365, denying herself all pleasures, inherited wealth, a string of rental properties, or speculative trading in high risk shares and cryptocurrencies.
Cathy myth-busts some of the common misconceptions about what it takes to be a successful investor who builds long term wealth.
In this episode we discussed how putting money into a pension or ISA probably means you own shares, whether you realise it or not and that this means you are a part-owner of a company. So what do you do if the companies whose shares your hold aren’t operating in the way you want and you’d like them to change? Or what if you don’t want to put any money at all into a particular sector, for example tobacco, coal, or weapons manufacture? This is where ethical investing comes into play.