Rerun: Options trading: How it works, and why you should (or shouldn’t) try it

Linda Garcia, Texas House Representative, author of Wealth Warrior: 8 Steps for Communities of Color to Conquer the Stock Market, and founder of In Luz We Trust, is dedicated to empowering BIPOC and Latinx communities through financial literacy. Her podcast, Investies, tackles real-money topics, demystifies investing, and explores crucial areas like the stock market, money management, and the impact of interest rates on personal finances. Linda’s work advocates for financial independence, championing equity and representation for all, especially immigrants and marginalized communities. As a financial feminist, she encourages listeners—regardless of political affiliation, be it Republican or Democrat—to take control of their financial futures. Through her podcast and advocacy, Linda tackles the intersection of financial education, the economy, and geopolitics, helping diverse communities build wealth and secure their place in today’s financial landscape. We’re sharing an episode from the archives this week!  Linda is answering a listener question: what is options trading and how does it work? As you go farther along your wealth management and financial journey, you’re going to encounter different kinds of investing. Options trading is a certain type of investing, but we encourage you to to have a fair amount of comfort as an investor before you try it. At the very least, you should have a high tolerance for risk before you try it. There are so many ways to make the stock market work for you, and as you gain more experience as an investor, you’ll want to try different ways of trading. If you have questions about different kinds of investing, please reach out! You can find us on Patreon, and submit questions without getting a membership (but we appreciate it if you do decide to invest in our show!). We love speaking with our listeners. Happy investing and happy trading! Listen early and ad-free for $3/mo on Patreon https://www.patreon.com/Investies https://www.inluzwetrust.com/wealthwarriorbook Produced by Cosmic Standard & In Luz We Trust Learn more about your ad choices. Visit podcastchoices.com/adchoices