Investing in Stocks

Perpetual Learning

I'm really excited to have Austin Lieberman on the podcast today. I have been following him on Twitter for the past 6 months. He's served as a Captain in the Air Force for ~7 years and taught himself how to invest. You don't need to have a business or finance background to be a great investor.

The biggest thing that stood out to me is Austin's transparency. It's easy to talk about success in hindsight. Austin really puts himself out there and shares his ideas and picks as he makes them. He continuously shares his learnings both good and bad - which is rare to see online.

A couple of months ago, Austin and a few other investors started 7Investing, which is a great subscription service on providing guidance on potential investments. I've personally benefited from some of the picks that Austin has made and would recommend checking it out.

The goal of this podcast is to really get down to the basics of investing. Investing in stocks can be a great way of building financial independence if done right.

Getting Started

1. Should I invest in stocks?
2. How much money do you need to get started? What should my overall portfolio look like? (e.g. cash on hand vs. investments)
3. What do you look for in a trading platform? Are there any particular ones that you'd recommend?

Making an Investment

1. What's the difference between stocks and ETFs?
2. What are the steps you take to identify and make a new investment?
3. Is there a right time to buy?

An Investor's Psyche

1. How do you distinguish investing vs. trading? What are some things you do to avoid day trading?
2. When should you 'double-down' vs. exit an investment? How do you make that decision?
3. What's a healthy time commitment for managing a portfolio?