4.4 • 1.6K Ratings
🗓️ 6 September 2023
⏱️ 46 minutes
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0:00.0 | what's up rich friends welcome back to another episode of net worth and chill with me your |
0:11.6 | host Vivian to aka yearage bf and your favorite Wall Street girly and this week we have a highly |
0:17.2 | requested topic that is so important to just about everyone but especially you yes you listening |
0:24.4 | investing and i want to start this episode off with a story as many of you know my junior |
0:29.8 | year summer i spent 10 weeks interning on the equities floor on wall street and i had a project |
0:35.9 | where we had to pick an industry and give a presentation first and foremost you know your girl |
0:40.4 | never backs down from a challenge so i obviously picked the hardest most confusing most complicated |
0:46.3 | sector biotech and second you know your girl crushed the prezo top intern so after the summer |
0:53.8 | i'm feeling really good about myself and i thought i knew everything there was to know about |
0:58.9 | investing and obviously that meant after i left New York that summer when i headed back to college |
1:03.5 | i thought hmm i should do some investing on my own during my project i researched three major pharmaceutical |
1:09.6 | companies investing in the biotech space and i really took a liking to one of them so thinking that |
1:15.6 | i was Warren Buffett junior himself i took all of the money that i had made that summer and put it |
1:20.4 | into this one stock i'll give you one guess what happened next the modern medical miracle that |
1:26.6 | this company was developing uh yeah turns out it didn't actually end up working that well and the |
1:32.5 | stock price halved and since all of my money was in this one stock in our matter of weeks i saw |
1:37.5 | all of my hard earned internship money have as well and i tell you the story not to scare you away |
1:41.9 | from investing quite the contrary i want you to invest but i also want you to understand the basics |
1:46.8 | so that you don't make any unwise decisions like i made today we're going to cover investing |
1:51.2 | mistakes how to invest and exactly where you can learn more about investing today we're joined by |
1:56.2 | an expert in the space she's a founder and CEO of learn vest a new york times bestseller and the |
2:02.0 | founder and managing partner of inspired capital everyone please welcome alexa vantobl um first |
... |
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