24: Personal Finance: How to Invest Smartly

Development Best Practices

On today's episode we are pleased to welcome back Kamran Ayub, Pluralsight Author, speaker and consultant. Kamran and I continue our talk around Best Practices in Personal Finance with Part 2 of our 4 part series: How to Invest Smartly. If you haven't listened to our first episode on budgeting and attacking your debt, we would recommend you do so before listening to this one.
1:16 When should we start investing?
2:40 How to enter the market
4:40 Understanding how the stock market works
6:52 Market "timing" - you're not Warren Buffett
10:10 The role of inflation in investing
11:20 Bitcoin and risk balancing
JL Collins Blog on How the Stock Market Works - https://jlcollinsnh.com/stock-series/
Personal Finance Tools:
- Mint from Intuit - https://mint.intuit.com
- Personal Capital - https://www.personalcapital.com
- TillerHQ - https://www.tillerhq.com
- YNAB - You need a budget - https://www.youneedabudget.com
You can reach Kamran at @kamranayub on Twitter and see his Pluralsight courses at https://www.pluralsight.com/authors/kamran-ayub
Many thanks to Kamran for a great second episode in our four-part series. Make sure to check back in a few weeks for part three : socially-responsible investing and how fees kill your ROI.
The Development Best Practices podcast is brought to you by ILM Professional Services. ILM cares about the developers in our community, and their financial health. It's one of the reasons we're putting together this podcast series. If you're interested in joining a company that cares about your whole self, not just the part you give during working hours, please consider joining ILM. Please visit our website at ilmservice.com and check out our Careers page for more information.
We're closing in on the end of our first season, and are busy booking guests for Season 2. Any topics from Season 1 that you'd like us to revisit? Any new topics would you like us to cover? Please email us at [e-mail] with your thoughts. Thanks for listening, and have a wonderful day!