While a lot of people have been freaking out about the market crashing, for the most part, I’ve kept calm, cool and collective. Knowing that the pandemic has been wreaking havoc on the stock market, I refused to check the balance of my retirement account. There’s no point in stressing about something that I have little control over. Right?! I went on this way for a while until my broker mailed my quarterly statement.
In this bonus episode, I share my reaction to seeing my personal rate of return nose-dive by 20% this last quarter (January to March 2020). I also share tips for managing your emotions as an investor, and how to shift your perspective to think more positively.
https://podcast.thoughtcard.com/wp-content/uploads/2020/04/Reaction-to-Losing-20-of-My-Investment-1-scaled.jpg17002560Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2020/12/The-Thought-Card-Podcast-Cover-scaled.jpgDanielle Desir2020-04-27 13:18:272020-06-10 02:32:32Bonus: Reaction To Losing 20% of My Portfolio Last Quarter
In this episode, Acquania Escarne and I discuss Vanguard’s coronavirus market volatility research report which found that although trading among U.S. individual investors increased during the pandemic, the majority are “staying the course” and not trading in response to the market decline.
In this episode learn why it’s important to stay consistent in your investment strategy, especially if you’re a long-term investor and why you should leave your emotions out of the decision making process.
Acquania Escarne is a financial coach, freelance blogger, and podcaster committed to helping people find financial freedom and leave a legacy behind for their families. She recently launched The Purpose of Money, a podcast for women focused on building generational wealth.
Damien Peters is a personal finance nerd and former Facebook Product Manager who started Wealth Noir to help others build wealth and gain financial freedom. He actively invests in stocks and enjoys real estate investing. Damien currently lives in Valencia, Spain with his wife and 2-year-old son. In this episode learn how to create a wealthy lifestyle where you travel in a way that makes sense with your wealth goals.
Inspired to take a career break or an adult gap year? Get access to incredible tips that will help you afford, plan, and take a career break with the Wealth Noir Work Sabbatical Summit presented by Damien Peters. Sessions include how to find the perfect location to live abroad, how to accelerate your savings, and more.
Update January 2021: Damien has since moved back to the United States.
https://podcast.thoughtcard.com/wp-content/uploads/2019/09/Damien-Peters-Wealth-Noir.jpeg32452748Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2020/12/The-Thought-Card-Podcast-Cover-scaled.jpgDanielle Desir2019-10-01 07:00:112021-02-17 13:27:26Episode 34: Building Wealth and Moving Abroad with Damien Peters of Wealth Noir
Acquania Escarne is the founder and CEO of RRD Investments, a real estate investment company focused on leveraging the power of real estate to create generational wealth. In addition to handling the daily demands of running RRD Investments, Acquania recently launched The Purpose of Money, a website for women focused on building generational wealth for their families.
In this episode, we chat about how to get started investing in real estate and ways to think ahead and intentionally leave a legacy behind for your family.
A special thank you to Kenny Lee Young for the outro featured on this podcast. Kenny Lee Young is a singer-songwriter out of Colorado and his music can be found at www.kennyleeyoung.com.
In this episode we cover:
How to get started investing in real estate
Find a partner
Ways to get involved in real estate without having a lot of cash
Real estate investment trust (REIT)
Buy and rent vs. flipping houses
The mindset of a real estate investor
The importance of leaving a legacy behind
Ways to intentionally pass down your wealth to your loved ones
After getting denied vacation time for the third time and having a friend pass away abruptly, Teri Ijeoma decided that life was too short to not pursue her dreams. After lots of practice and taking a class learning how to trade in the stock market, Teri quit her job when she made enough money to replace her full-time income. Now Teri trades full-time and travels the world. Teri Ijeoma is an entrepreneur, day trader, and course instructor who encourages people to learn how to trade stocks as a way to supplement their income.
In addition to investing, Teri has over 10 years of experience in operations, logistics, staff development, non-profits, and education. Teri graduated from Massachusetts Institute of Technology (MIT) with her Bachelor of Management Science and got a Master of Media and Communications from Dallas Theology Seminary.
Teri shows us that if we put our fears aside, we can potentially add stock trading to our portfolio as a viable income source.
Want to learn how to invest with Teri? Sign up for Teri’s Trade and Travel course an investing course for people who are looking to afford to travel, pay down debt, or replace their income using the stock market.
In this episode with Teri Ijeoma we cover:
What is a stock?
What is a brokerage account?
How Teri transitioned from working full-time to making over $1,000 a day trading and traveling.
Ways to talk to your boss about pursuing professional development opportunities.
How to get started with investing?
Teri recommends opening a stock brokerage account.
Look for brokerages with low fees or no minimums like Robinhood.
https://podcast.thoughtcard.com/wp-content/uploads/2018/10/Trade-Stocks-with-Teri-Ijeoma.jpg7681024Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2020/12/The-Thought-Card-Podcast-Cover-scaled.jpgDanielle Desir2018-10-03 01:10:312021-01-23 15:36:56Episode 7: Trade Stocks and Travel Full-Time with Teri Ijeoma