333- Invest in What You Love!
When it comes to investing, conventional wisdom says to hand your money over to a financial advisor and let them diversify your investments for you. Why think too much about where your money is going if you don\u2019t have to? But there\u2019s a problem with that mindset: your values matter and you should be investing in what you love.\xa0\n\nConsistently pouring your life and efforts into the things you care about \u2014 that matters. As much as 85% of the stock market is controlled by small investors.\n\nImagine the impact those small investors could have if they invested based on their passions and values, rather than the values (or just the blind greed) that drives financial institutions\u2019 investment decisions.\n\nYou can choose to invest in whatever you want and wherever your passions lie. And the great thing about it is that everyone values something different. Invest in stocks that you value.\n\nIf you\u2019re not sure what your values are, it\u2019s time to step back and do a little searching. In general, it might make sense not to invest in products or companies that make the world a worse place to live in, but that\u2019s totally up to you.\n\nIn today\u2019s episode, Phil and Danielle talk about taking charge of your investments and making sure that you\u2019re putting your money where your passions and values lie.\n\nBecause at the end of the day, you\u2019re better off knowing that you\u2019ve used your resources as wisely as possible, and that you\u2019ve done your best with what you\u2019ve got.\n\nLearn more about investing in companies that you already know and love with this Four Ms Guide! Click here to get started: https://bit.ly/2X0sRvq\n\nTopics discussed in this podcast:\n\nWarren Buffett\n\nHow to pick stocks\n\nCompany analysis\n\nInvesting with your values\n\nCOVID-19 vaccines\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices