S2E17 - Alissa Locke Financial freedom from blue-chip stocks

Published: June 22, 2022, 1:43 p.m.

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Payback Time Podcast

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Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

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Alissa Locke

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My next guest shares her story of transitioning from $60K in debt in her early 30s to achieving financial independence in her early 50s by cutting down expenses and investing in the stock market. In this episode, we talk about how she paid off her debt, how she got started with investing, what investing strategies she uses today, and some of her best-performing stocks. Please welcome Alissa Locke.

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key timecodes
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\\n01:05 - Background history
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\\n04:00 - Investment strategies
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\\n07:12 - Deep into her history
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\\n08:14 - Reducing expenses without giving up life
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\\n11:40 - The importance of studying personal finance
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\\n14:00 - Investing journey
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\\n17:56 - What she looks for in business
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\\n19:52 - The specific stocks that she holds
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\\n21:58 - Conclusive comments about her strategy
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\\n23:08 - Number of stocks on her portfolio
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\\n23:52 - Her insight into the right time to buy and sell
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\\n25:16 - The percentage of income she invests
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\\n27:37 - Her average returns in the last few years
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\\n29:20 - "Extremes are never good": the balance between saving and living
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\\n33:15 - Her biggest investment success
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\\n36:52 - How she manages her emotions in investing
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\\n38:54 - Rapid fire round with personal questions
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\\n40:26 - The best investment advice she ever received
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\\n40:37 - The worst investment advice she ever received
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\\n41:30 - A bit about her business and how to reach her
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