Stacking Benjamins

The May 6th Stacking Benjamins podcast is all about investing. They talk about what people do wrong with investing including using two acronyms: FOMO and TINA which mean "fear of missing out" and "there is no alternative" respectively. They say that the best thing when investing in stocks and bonds is not to even worry about the market and just keep investing a set amount and not trying to time it. People are adamant about jumping in and jumping out at the right time but guessing isn't really a solid investment strategy. Even though I participated in the stock market challenge and I was rewarded for jumping in and out of the market very quickly, this podcast persuaded me that that isn't the right way to invest in real life. This conversation is not something that I wouldn't understand before taking this class but now I understand it way faster. Not having to think about some of the words or systems that they refer to helps me understand faster and therefore probably allow me to think deeper about what they are talking about. Knowing the basics of finance is something really beneficial because from there you can really learn anything, even from a small podcast, like this one, playing in the background.