IFB101: Are Value Stocks the Right Investment For a 61-year-old?
The Investing for Beginners Podcast - Your Path to Financial Freedom - Ein Podcast von Andrew Sather and Dave Ahern
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Announcer: 00:00 Your
tuned in to the Investing for Beginners podcast. Finally, step by step premium
investment guidance for beginners led by Andrew Sather and Dave Ahern too
decode industry jargon, silence crippling confusion and help you overcome
emotions by looking at the numbers, your path to financial freedom starts now.
Dave: 00:35 All
right folks, welcome to Investing for Beginners podcast. This is episode 101
tonight. Andrew and I are going to talk about a listener letter that we got,
and it is a fantastic letter, and she has a great questions, and so Andrew and
I wanted to just kind of read through her letter and then just answer those
questions for her on the air. So I thought this would be a lot of fun. So
Andrew, why don’t you go ahead and start talking about the letter and then
we’ll just do our little back and forth thing.
Andrew: 01:02 Yeah,
I love it. That’s a great letter. This is from Susan G so she starts off. Dear
Andrew, I’m on episode 16 of the podcast and I’ve learned more about finance
from your program than I did in my years. At B school in the late seventies,
Wharton for two years, then decided to switch to a psych degree on the liberal
arts side. Wow. That’s quite a compliment. Thank you. I got serious about investing
when I returned full time to work in 2009, um, basically built up a four one k
summarizing here, uh, until from 2009 to 2017. Okay. And then stopped building
out the 401k.
Andrew: 01:45 She
says I am 61 single and only about a third of the way to where I need to be to
even have a modest retirement. I am currently on disability and I’m not sure
what his next workwise. So 370 k 401k 62 K and Roth Ira, a hundred k and cash
can value investing be part of my solution for current or future and come it
appeals to me is consistent with the process part of my brain. Um, maybe, uh,
