Where better to kick off this interview than talking about what investing is? Mark talks about the difference between investing and gambling or speculating. He also goes into the foundation that should be set before investing. So, your personal finances need to be in order first! It’s important to take into account your risk tolerance, goals, and time horizon(s). Sometimes, though, you don’t know what your risk tolerance really is until push comes to shove. Lauren tells her own risk tolerance story regarding the Covid stock market crash. Of course, Lauren has to ask about how Mark handles real estate, and he sort of doesn’t – he suggests housemoneymedia.com! She also questioned how to handle emotions when it comes to investing. Understanding what you’re investing in is important. They close the interview with a message to listeners who haven’t started investing yet, but have been learning and thinking about it for a long time. Is that you?



If you liked this episode, you’ll also like episode 142 with BudgetDog about investing for your kids and episode 121 with the Wealth Dad about index funds (the easy way to get rich).




About Mark:


Mark Roussin, CPA, is owner of Roussin Financial, which is a company dedicated to not only educating but empowering investors to become their own Money Managers. They do this through 1 on 1 coaching, to which they have a 6-week Investing Accelerator course where participants work with Mark 1 on 1 to develop a customized Investing Plan, but they also have short-term workshops we do as well. You can find Mark on X and Instagram at @Dividend_Dollar and you can also follow along on YouTube at Mark Roussin, CPA where he publishes 2 videos per week and does 1 live show EVERY Thursday.




Connect with Mark:


https://twitter.com/Dividend_Dollar


https://www.instagram.com/dividend_dollar/


https://www.youtube.com/c/MarkRoussinCPA


Connect with Lauren:


https://twitter.com/AdultingIsEasy⁠


⁠https://www.instagram.com/adultingiseasyreal/⁠


https://www.housemoneymedia.com/



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