The Mind Money Spectrum Podcast

#62. Don't miss these simple steps when you put your money to work.

February 16, 2021 Aaron Agte and Trishul Patel Season 2 Episode 10
The Mind Money Spectrum Podcast
#62. Don't miss these simple steps when you put your money to work.
Chapters
The Mind Money Spectrum Podcast
#62. Don't miss these simple steps when you put your money to work.
Feb 16, 2021 Season 2 Episode 10
Aaron Agte and Trishul Patel

You've read about the importance of opening a Roth IRA and buying ETFs, but how do you do it in practice? In this episode, Aaron and Trishul go through the introductory building blocks of saving and investing. Often the fear of making mistakes prevents you from taking that critical first step. From choosing a custodian and the correct type of account to figuring out how to transfer funds, what to invest in, and how to place a trade, they go step-by-step to help you overcome analysis paralysis and take action. So don't hold off. Invest as early as possible and give yourself plenty of time for your money to grow.

Episode References

MMS Roth IRA
MMS Estate Planning
MMS Bitcoin
MMS Buying stocks for fun
Investing Forever - Where should you turn to for advice?
Investing Forever - Don't Miss Out
Investing Forever - Passive Is the New Aggressive
Vanguard Target Date
JTWROS
457 and 403 Plans
Differences between Custodian and Prime Broker
Roth IRA 5-Year Rule
SECURE Act
Roth IRA Withdrawal Rules

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.

Show Notes

You've read about the importance of opening a Roth IRA and buying ETFs, but how do you do it in practice? In this episode, Aaron and Trishul go through the introductory building blocks of saving and investing. Often the fear of making mistakes prevents you from taking that critical first step. From choosing a custodian and the correct type of account to figuring out how to transfer funds, what to invest in, and how to place a trade, they go step-by-step to help you overcome analysis paralysis and take action. So don't hold off. Invest as early as possible and give yourself plenty of time for your money to grow.

Episode References

MMS Roth IRA
MMS Estate Planning
MMS Bitcoin
MMS Buying stocks for fun
Investing Forever - Where should you turn to for advice?
Investing Forever - Don't Miss Out
Investing Forever - Passive Is the New Aggressive
Vanguard Target Date
JTWROS
457 and 403 Plans
Differences between Custodian and Prime Broker
Roth IRA 5-Year Rule
SECURE Act
Roth IRA Withdrawal Rules

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.