Logo
    Search

    Podcast Summary

    • Explore ShareSite's investment dashboard for comprehensive portfolio insightsShareSite's investment dashboard offers insights beyond brokerage statements, tracking financial performance with support for 500,000 stocks, ETFs, and funds, and integration with 200 platforms. Get 4 months free with annual premium plan.

      ShareSite's investment dashboard offers a comprehensive and organized view of investment portfolios, providing insights beyond brokerage statements. With support for over 500,000 stocks, ETFs, and funds, and integration with over 200 platforms, ShareSite allows investors to easily track their financial performance and gain valuable insights through analyzed reports, dividend gains, and currency fluctuations. For those interested, a special deal of four months free is being offered with the purchase of an annual premium plan. Meanwhile, the hosts of Girls That Invest, Sim and Sonia, discussed the recent volatility in the stock market and addressed the question of whether we're experiencing a crash. They explained that while there have been periods of increased volatility, it's important to remember that market crashes are typically defined by significant and prolonged declines in stock prices. They encouraged investors to stay informed and consider their long-term investment strategies. Outside of work, Sim shared her recent experiences with using an organization app to set personal goals and aspirations, reminding us that there's more to life than just work.

    • A significant and unexpected drop in stock pricesThe stock market can experience unexpected drops in price due to various factors, including geopolitical events, leading to potential investment risks and opportunities.

      A stock market crash is a significant and unexpected drop in stock prices, with no specific percentage threshold. The 1929 stock market crash is a well-known example, which started as a bull market but turned into a bear market after a series of panic-induced sell-offs. The crash led to the Great Depression, a severe worldwide economic downturn. More recently, the stock market has been acting volatile due to various micro and macro factors, with geopolitical events, such as the situation in Ukraine and Russia, being one of the main contributors. Understanding these factors and their impact on the market can help investors make informed decisions.

    • Geopolitical events impact stock marketGeopolitical tensions increase market volatility and can negatively impact the economy, trade, and production. Unexpected wars have a larger negative impact on the stock market than expected ones, while the Fed's efforts to control inflation through increased interest rates can also negatively impact stock prices.

      Geopolitical events, such as wars, can significantly impact the stock market. The Geopolitical Risk Index (GTI) identifies tension in the news and increases market volatility. Companies may hold off on major announcements or investments during such times, weakening the economy, trade, and production. Interestingly, the stock market may react positively to expected wars, but negatively to unexpected ones. Additionally, the Federal Reserve's efforts to control inflation through increased interest rates can negatively impact the stock market, as higher interest rates increase borrowing costs for companies.

    • Economic Challenges Affecting BusinessesEconomic uncertainty, inflation, and high production costs increase business expenses and decrease consumer spending, leading to market volatility and impacting earnings reports. Simplifying payment processing can help ease these challenges.

      The economic landscape is currently challenging for businesses due to a combination of factors. The cost of production is increasing due to inflation and debt, making it more expensive to manufacture goods. At the same time, consumers are less likely to buy due to economic uncertainty and high prices for necessities like oil. The market's reaction to these events, including the Federal Reserve's interest rate decisions, has caused significant volatility. Companies' earnings reports also impact the market as investors react to their performance. For business owners, every transaction represents the culmination of their hard work, and simplifying payment processing can help ease some of the challenges. A solution like tap to pay on iPhone powered by Stripe can make contactless payments easier and more efficient.

    • Expand business reach and enhance customer experience with tap to pay on iPhoneTap to pay on iPhone allows businesses to easily accept contactless payments, reach more customers, and increase revenue, all with minimal setup time. Market corrections are normal and should not cause alarm, as they are a natural part of the market cycle. Stay informed and focus on long-term fundamentals to navigate market turbulence.

      The tap to pay feature on iPhone in partnership with Stripe offers a simple, cost-effective solution for businesses of all sizes to accept contactless payments and expand their reach, ultimately increasing revenue and enhancing customer experience with minimal setup time. Additionally, stock market corrections are a normal occurrence, often happening every 16 months, and last approximately 71.6 days with a price drop of around 15%. These corrections should not be cause for alarm, as they are a natural part of the market cycle. It's important to remember that the stock market does not have emotions, but rather it's human reactions and emotions that can influence its fluctuations. To navigate through market turbulence, it's crucial to stay informed and avoid reacting impulsively to media headlines. Instead, maintain a long-term perspective and focus on the underlying fundamentals of the companies in your portfolio.

    • Market corrections are normal, stay calmDuring market corrections, stay calm, remember history, and avoid panic selling. Long-term investors should focus on their financial goals.

      During market corrections or crashes, it's essential not to panic and make hasty decisions based on fear. History shows that broad market index funds like the S&P 500 and Dow Jones have recovered from every crash and correction. Sim's advice is to remember this history, avoid looking at your portfolio too frequently, and resist the urge to panic sell. Instead, consider buying more of the stocks or funds you're interested in when they're on sale. Sim, who is a stock market columnist, emphasizes that market corrections are a normal part of investing, and long-term investors should remain calm and focused on their financial goals.

    • Maintaining a Consistent Investment Strategy Amidst Market VolatilityDespite market fluctuations, a consistent investment strategy can help mitigate stress and risk. Seek assistance from financial advisors or counselors if needed, and stay updated on investment topics through Girls That Invest.

      Despite recent market volatility caused by the war, interest rates, inflation, and the earnings season, the stock market is not crashing. Instead of reacting to market fluctuations, investors should maintain a consistent investment strategy. The market will experience ups and downs, but a well-thought-out plan can help mitigate stress and risk. If the market's volatility is causing discomfort or sleepless nights, investors can reach out to financial advisors or counselors for assistance. To stay updated on investment-related topics and connect with like-minded individuals, follow Girls That Invest on Instagram and Facebook. Remember, Girls That Invest does not offer personalized investment advice. Our content is meant for educational purposes only.

    • Seeking advice is a good starting point, but it's essential to do your own research and due diligence before making investment decisions.While seeking advice is valuable, always conduct thorough research and due diligence to make informed investment decisions based on your unique circumstances and goals, and be aware of the risks involved.

      While the advice from Girls That Invest is valuable, it's essential to remember that it's general in nature and may not consider individual circumstances. Therefore, it's crucial to conduct thorough research and due diligence before making any investment decisions. This approach will help ensure that you make informed decisions that align with your unique financial situation and goals. Additionally, it's important to remember that investing always comes with risks, and it's essential to be aware of these risks and understand how they may impact your investment portfolio. Lastly, always stay informed about the market trends and economic conditions to make the best investment decisions possible. In summary, while seeking advice is a good starting point, it's ultimately up to each investor to do their homework and make informed decisions based on their individual circumstances.

    Recent Episodes from Girls That Invest

    Millionaire Diaries: How Upasna Made Her First Million through Index Funds

    Millionaire Diaries: How Upasna Made Her First Million through Index Funds

    Welcome to Millionaire Diaries, where Sim chats with millionaires from the Girls That Invest community to uncover the secrets behind their success! Get ready to dive into their stories as they reveal how they turned their dreams into millions. From childhood influences to career strategies and investment insights, join us as we explore their journey to financial freedom.


    This week, Sim interviews Upasna Gautam, a product and engineering leader at CNN, who shares her journey from a South Asian immigrant upbringing to financial independence by leveraging her tech expertise and prioritizing index fund investments. Upasna emphasizes the importance of personal branding, maximizing tax-advantaged accounts, and the power of compounding to achieve long-term financial success.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJuly 01, 2024

    Girls That Startup: Why We Should Talk about Our Success in Business

    Girls That Startup: Why We Should Talk about Our Success in Business

    Moby Link


    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia dive into redefining success in business, discussing cultural nuances and how it can impact celebrating wins. They highlight the importance of focusing on impact rather than vanity metrics, sharing personal experiences of how shifting their mindset brought more fulfilment.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 26, 2024

    Investing Expert Shares Their Investments: Jeremy From Personal Finance Club

    Investing Expert Shares Their Investments: Jeremy From Personal Finance Club

    Moby Link


    This week, Jeremy Schneider the founder of 'Personal Finance Club' joins Sim on the podcast. They dive into Jeremy's financial journey, highlighting his transition from a frugal upbringing to becoming a multimillionaire through savvy investments and the sale of his tech company. Jeremy shares insights on the value of passive index fund investing, debunking the allure of day trading and get-rich-quick schemes, and emphasizes the importance of finding trustworthy financial advice. Their engaging conversation also touches on practical spending tips, the impact of childhood money lessons, and Jeremy's latest venture, Nectarine, a platform for connecting with vetted, advice-only financial advisors.


    Follow Personal Finance Club on Instagram


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 24, 2024

    Girls That Startup: Navigating Failure in Startups

    Girls That Startup: Navigating Failure in Startups

    Moby Link


    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia discuss the importance of failure and how it can lead to growth and learning. They share personal stories of failure and how it has shaped their entrepreneurial journeys. The conversation highlights the need to embrace failure and not be afraid of it. They also provide advice for entrepreneurs facing setbacks or failures.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 19, 2024

    How Sim Plans to Retire by 40: The Financial Independence, Retire Early Method

    How Sim Plans to Retire by 40: The Financial Independence, Retire Early Method

    Moby Link


    This week, Sim and Maia discuss Sim’s plan to retire by 40 using the FIRE (Financial Independence Retire Early) method. She explains that the FIRE method involves calculating how much money you need to live off each year and then investing that amount to generate passive income. Sim shares her own FIRE number and discusses the strategies she uses to achieve financial independence, such as investing in shares, index funds, and real estate. She also talks about the challenges of balancing spending and saving while pursuing early retirement.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 17, 2024

    Girls That Startup: Scaling Your Business to 7 Figures, Strategies for Growth and Expansion

    Girls That Startup: Scaling Your Business to 7 Figures, Strategies for Growth and Expansion

    Moby Link


    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia discuss the exciting milestone of Girls That Invest hitting $3 million in revenue, sharing their insights on scaling a business effectively. They highlight the importance of passion, clear goals, and impact metrics in business growth. Sim emphasises simplifying your approach and focusing on what you're naturally good at to successfully scale your venture.


    For more Girls That Invest:

    'Til next week, team! 💖



    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 12, 2024

    Should You Invest in Donald Trumps New DJT Stock?

    Should You Invest in Donald Trumps New DJT Stock?

    Moby Link


    This week, Sim and Maia discuss DJT stocks, which are shares of Trump Media and Technology Group Corporation. They explore the origins of the company, its surge in value, and the potential risks and rewards of investing in it. They also touch on the influence of Donald Trump's reputation on the public's perception of the stocks.


    For more Girls That Invest:

    'Til next week, team! 💖




    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 10, 2024

    Girls That Startup: 3 Ways to Improve Your Business Mindset like Sim

    Girls That Startup: 3 Ways to Improve Your Business Mindset like Sim

    Moby Link

    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia discuss the concept of having an entrepreneurial mindset. They explore what it means to be business-minded, innovative, and problem-solving. Sim shares her personal journey of developing an entrepreneurial mindset and emphasizes the importance of learning from successful businesses and entrepreneurs. They also discuss the shift from problem-focused thinking to opportunity-focused thinking and how it can lead to business growth and success.


    For more Girls That Invest:

    'Til next week, team! 💖




    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 05, 2024

    Why You Should Max out Your Employer Retirement Fund (No Matter What Country You're In)

    Why You Should Max out Your Employer Retirement Fund (No Matter What Country You're In)

    Moby Link


    This week, Sim and Maia discuss the importance of maximising your employer retirement fund, explaining how leveraging employer matches can provide significant financial benefits. They highlight the advantages of tax-deferred growth in retirement accounts and stress the need for diversification to secure financial peace of mind. Tune in to hear their tips on planning for a secure and adventurous retirement, complete with personal anecdotes and practical advice.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 03, 2024

    Millionaire Diaries: How Jane Made Her First Million in Property without a Partner or Rich Parents

    Millionaire Diaries: How Jane Made Her First Million in Property without a Partner or Rich Parents

    Moby Link


    Welcome to Millionaire Diaries, where Sim chats with millionaires from the Girls That Invest community to uncover the secrets behind their success! Get ready to dive into their stories as they reveal how they turned their dreams into millions. From childhood influences to career strategies and investment insights, join us as we explore their journey to financial freedom.


    This week, Sim interviews Jane who shares her journey from growing up in a low socioeconomic area to becoming a property millionaire. Jane discusses how early financial struggles and indirect learning from her mother influenced her money management skills, eventually leading her to invest in properties through leveraging and gradual financial planning. The episode highlights the importance of community, particularly a network of supportive women, in achieving financial success and offers practical advice on property investment and financial growth for young women.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enMay 31, 2024

    Related Episodes

    Debt Ceiling Drama: Will the Market Break Through or Break Down? AI, Politics, and the Future of Finance | Money Moves

    Debt Ceiling Drama: Will the Market Break Through or Break Down? AI, Politics, and the Future of Finance | Money Moves

    Join us as we dive into the current state of the market and the ongoing debate over raising the debt ceiling. We discuss the potential economic consequences, political maneuvering, and the role of artificial intelligence in shaping the future of finance. Don't miss this insightful episode!

    Enter giveaway @ Go.MillionaireMindcast.com

    Text us at @ 844.447.1555

    Episode Sponsored By:

    Indochino: Get 10% off of any purchase on $399 or more with the promo code: MINDCAST

    BetterHelp: Click the link to get 10% off your first month or use the promo code: MINDCAST

    Factor75: Use the code MINDCAST50 to get 50% off your FIRST box!

    Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

    These Were The Most Important Stories for Traders In 2018

    These Were The Most Important Stories for Traders In 2018

    2018 will go down as one of the most pivotal for financial markets since the financial crisis. We saw the return of significant volatility, amid poor returns in several asset classes. On this week's episode, host Joe Weisenthal speaks with Bloomberg macro strategist Cameron Crise and cross-asset reporter Luke Kawa about the key themes we saw this year.

    See omnystudio.com/listener for privacy information.

    Oil market in focus after Iran attack on Israel

    Oil market in focus after Iran attack on Israel
    Further conflict could boost oil prices and keep U.S. inflation high. (0:16) Netflix highlights earnings this week. (2:57) Piper Sandler picks Triple Select Stocks. (3:30)

    Show Notes
    The Federal Reserve Needs To Raise Interest Rates By A Quarter Point

    Episode transcripts seekingalpha.com/wsb
    Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

    Daybreak Weekend: Davos Preview, Oil Volatility, Mester Speaks, Iowa Caucuses

    Daybreak Weekend: Davos Preview, Oil Volatility, Mester Speaks, Iowa Caucuses

    Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

    In the US - we preview the week's upcoming economic data, including retail sales. 

    In the UK - we look ahead to the World Economic Forum in Davos

    In Asia - we discuss the current climate for chipmakers in China 

    In Washington - with the Iowa caucuses right around the corner, new polling suggests that the Republican race is tightening. 

    See omnystudio.com/listener for privacy information.