What you need to know before you invest with Ryan Watson

If you’re a regular listener to our podcast, you know that we like to take a bigger picture when it comes to money; looking at the impact it has on our lives and the good (and sometimes) not so good that can come with it.  Well today we’re going to talk about a subject that’s definitely on the good side of the money topic – investing! And who better for Steph to grill than her fellow co-host and Tribeca CEO Ryan. Having confessed that her knowledge of investing is limited to boring dates with blokes who day trade as a hobby, Steph uncovers plenty of gold from Ryan such as: the importance of knowing your risk profile; whether it’s a good idea to sink your spare cash into your home loan offset, an investment, or a mix of both; and his top tips for investing and the common mistakes to avoid.  Some highlights: What is a risk profile, and why does it matter when investing?  Why checking your investments every day might actually hold you back  Ryan’s 5 C’s of investing to help you build a strong foundation  ETFs explained simply, how they pool your money and spread the risk  How much do you really need to start investing? The answer might surprise you  Is day trading investing or gambling in disguise?  Why compound interest is the ultimate power move  Kevin and Garry’s biggest investment mistakes—and what we can learn from them  Why comparing your financial journey to others is a losing game  If you’re kicking goals with your finances and ready to do the same with your investments, there’s certainly a lot to gain from the insights in this episode. Here’s to your Good Life. And thanks for listening. You can find us at https://www.tribecafinancial.com.au/ Our hosts: Ryan Watson, CEO, Tribeca Financial  Follow Ryan: https://www.linkedin.com/in/r-watson/ Stephanie Coombes, podcast expert and media strategist Follow Steph: https://www.linkedin.com/in/stephanie-coombes-62903825/  Tribeca Collective Pty Ltd, ABN 54 604 005 209 trading as Tribeca Financial has been appointed as a Corporate Authorised Representative (CAR No.1008603) of My Dedicated Advisory. My Good Life ® is a registered trademark of Tribeca Collective Pty Ltd.  Advice given in this podcast is general in nature and is not intended to influence decisions about investing or financial products. Our listeners should always seek their own professional advice that considers their own personal circumstances before making any financial decisions. Tribeca Financial acknowledges the Traditional Owners of Country throughout Australia, and we pay our respects to Elders past and present.