SH66: Investing 102 - Asset Allocation, Diversification, and When to Sell

How to make your money go faster than Max Verstappen (Formula 1 driver). Not actually, there’s no get rich quick schemes here, just the basics of choosing how to invest your hard-earned money for the long-term.

In this episode, the humans talk about asset allocation, diversification, how bonds work, what a dividend is, fantasy formula 1 leagues, minimizing fees, tax-advantaged accounts, and when to sell.

Standard Humans is hosted by Aidan Dennehy and Evan.

Shownotes:

What Are Index Funds?

What is an ETF?

Eat the Rich: The GameStop Saga Netflix Show

The Beer Pipeline in Bruges

Broke Millennial Takes On Investing: A Beginner's Guide to Leveling Up Your Money by Erin Lowry

Beginners' Guide to Investing in Bonds

How Bond Funds Work

Why Do Bond Prices Go Down When Interest Rates Rise?

Formula 1: Drive to Survive Netflix Show

Formula 1 Fantasy League

Tickets For Montreal Grand Prix 2023

What Is a Target-Date Fund?

Vanguard Asset Allocation Investor Questionnaire

What Did Enron Do?

TFSA (Tax Free Savings Account)

RRSP (Registered Retirement Savings Plan)

Tax-Free First Home Savings Account (FHSA)

Robo Advisors vs. Index Funds

Canadian Couch Potato Model Portfolios

Where to Learn More

Apps to track your finances

Asset Allocation Quizzes

Example Asset Allocations

Robo-Advisors

Brokerages (Companies that you can buy stonks through)

ESG Investing Resources

Tax Advantaged Accounts

High-Interest Savings Accounts

Helpful Tools