138. The Power of Patience and Consistency
When we think about what it takes to be a successful investor, many times what comes to mind are characteristics like being an excellent stock picker, knowing when to buy and sell stocks, and having some level of sophisticated knowledge of finance and...
When we think about what it takes to be a successful investor, many times what comes to mind are characteristics like being an excellent stock picker, knowing when to buy and sell stocks, and having some level of sophisticated knowledge of finance and markets. What we don’t always think about is one of the key elements that has been responsible for the success of so many everyday investors; consistency. One of the simplest ways to become a consistent investor is to automate your investments. That’s the topic that Vince discusses with Seth Wunder, Chief Investment Officer of Acorns, on this episode of CFO at Home. Acorns is one of the most popular saving and investing apps on the market today. You can learn more about Acorns by visiting Acorns.com.
(03:36) Younger millennials have difficult time trusting stock market
(05:22) Seth remains optimistic about the markets and investing
(13:16) Acorns helps individual investors understand the big picture of investing
(17:23) Starting small is one of the foundational ideas behind Acorns
(21:53) Trading versus investing
(29:50) Bitcoin and Cryptocurrencies
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Contact the Host - vince@thecfoathome.com
