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Published: July 20, 2020, 11:27 p.m.

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Instagram @marketadventurespodcast

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In this episode, we discuss what kind of approach I would take toward the stock market if I was 18 years old again.

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Disclaimer: \\u201cI am not a registered investment advisor or securities broker dealer. These are my thoughts and are not advice. Seek your own education or you will lose money.\\u201d

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Quote of the week

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• \\u201cYour \\u2018I don\\u2019t want\\u2019 holds the key to your success.\\u201d
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#1 Seven Cures to a Lean Purse - (Richest Man in Babylon)

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"START THY PURSE TO FATTENING"
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Create a cash machine
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• Learn a skill
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  • Leverage that skill to earn money (For example: personal training, mowing lawns, selling tshirts)
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Debt
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• Shouldn\\u2019t have much debt - avoid it
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Begin stock market education

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• Start paper trading
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Strategy
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• Growth and dividends
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Growth ex: snapchat, pinterest, facebook, slack (learn about the business 1st), what are the professional valuations? How can this company continue to make money?
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Dividends
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• Learn the value of ownership, drip, and adds to account growth
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Non-stock market
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• Learn to build a business around your skill or study.
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• Why? You\\u2019re learning how to be an investor, owner and evaluator of business. Now learn the ins-and-outs
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Diversify your assets
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• Cash machine/skill \\u2192 Stock market growth and dividend portfolio \\u2192 stock market investments \\u2192 sky\\u2019s the limit
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\\nInstagram @marketadventurespodcast

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Subscribe on Spotify, Apple Podcasts, or wherever you listen to your podcasts

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WHAT\\u2019S THE KEY: Learn \\u2192 test \\u2192 \\u201cperfect\\u201d \\u2192 Scale up = $$$

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Is the Stock Market the answer for you? Learn more: https://gum.co/VxJLm

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This episode is sponsored by \\xb7 Anchor: The easiest way to make a podcast. https://anchor.fm/app

\\n\\n--- \\n\\nSend in a voice message: https://podcasters.spotify.com/pod/show/marketadventures/message\\nSupport this podcast: https://podcasters.spotify.com/pod/show/marketadventures/support'