what's the point?

Good morning!
I like keeping it casual with you guys, that’s why my subject lines for these emails feel like a text you’d get on your phone.

DEFINITION
what’s a stock?

• A stock is a small piece of ownership in a company. When you buy a stock, you now own a tiny part of that company, and you can make money if the company does well and its value goes up. But if the company doesn’t do well, you could also lose money. womp womp.

PRACTICAL ADVICE
don’t do individual stocks

• Do you want to be depressed one morning, and then super excited the next, and then depressed the day after? That’s what I’ve seen from people who invest in individual stocks.

• Invest in something that’s already diverse instead, like an index fund. Look up “FXAIX” on google and you’ll know what I’m talking about.

HELPFUL RESOURCES
what’s the point

• Saw this video yesterday from the GOAT of tennis Roger Federer.

  learn something from his message this morning:

  VIDEO HERE

OUR COMMUNITY
What are your questions? Or share a win!

• Reply to this email with any personal finance question you have, or share with me any wins in your life! (I’ll respond to your questions anonymously in future emails)