Say ‘hi’ to your new budget. The one that helps you do things like become a homeowner, confidently add a tiny plus-one to your fam, and finally plan a big vacation (we can dream).
What you'll learn:
When to start investing and how to pick the right account
How much money you need to start investing
What to do when the market's doing its best rollercoaster impression
What else you'll get:
Pre-course work to get you ready for class
Live Q&A session with Farnoosh Torabi
Speaker:
Farnoosh Torabi
Financial author and host of the podcast, “So Money”
Farnoosh Torabi is a celebrated financial expert, host of the award-winning podcast, “So Money,” and bestselling author of multiple books, including her latest: "When She Makes More." She appears frequently on the NBC Today Show and is a columnist for O, The Oprah Magazine, Bloomberg, and NextAdvisor, a financial news site powered by Time Magazine. Farnoosh studied finance at Penn State and holds a Master's from The Columbia Graduate School of Journalism.
Investing Pro Tips:
The sooner you invest, the more time your money has to multiply, thanks to something called compounding returns. Hint: that’s when the money you earn on your investments makes money.
Pick the right account.
Being smart about where you put your money can pay off. Example: for retirement, investing in your company’s 401(k) gets you tax advantages. And, if your employer offers a match, free money. Yes, please.
Breaking news isn't always nice to the markets. If you're focused on long-term investing goals, daily stock movements shouldn't bother you. You can stay calm and invest on.
Spreading out risk is part of smart investing. But you don’t have to DIY. Mutual funds and ETFs can do the heavy lifting. Both are expert-run baskets of investments that make diversifying easy and relatively cheap.