I'm holding nothing back in this episode, talking you through the 8 Simple Steps to invest - regardless of your experience, knowledge or income level. Even if you're a complete beginner and just want to start small... this is for you. I talk about each of the 8 steps in detail: Having your money sh*t sorted - is the foundation of wealth building. You know... how to manage money, not live paycheck to paycheck and have an eff it fund. All that stuff comes first. Money & Investing mindset - most questions I tend to get often comes down to mindset... everything from timing the market, to fear about the next crash or reacting to hype. I could give you ALLLLL the strategy in the world, but if your mindset isn't prepared to weather the volatility of the market, or gambles on the latest stock tip - welll, all that strategy is useless. What do you want? Another way to say it... what is your intention/goal/desire? Part of why personal finance is soooo personal is everyone values different things in life. So someone with a passive income goal will invest differently compared to someone else who wants to accumulate wealth. What you want dictates what you invest in. Your Risk Tolerance. Sounds boring, but super important because just like step 3, this dictates what you invest in. Some people have super high tolerances and others don't like to see volatility at all. From cash to crypto... there is a balance of assets that suit you based on your risk tolerance. Invest in ETFs or Index Funds as a majority, and only have individual stocks as a small portion of your portfolio (if at all). Picking stocks is a fools game most of the time because 96% of people don't outperform the market (market index funds and Exchange Traded Funds). The other 4% are unicorns. Index Funds and ETFs are so efficient because it constantly tracks the top performers, which is why so few people can ever beat them. I am team Vanguard because they're low cost. Account Structure and Tax. Before you hit the snooze button... this is going to either make you or cost you a lotta money. Fees and tax eat in to your returns, bb... so know the best set up for you. Everything from understanding the CGT rule in Australia, using your ISA in the UK, and knowing whether to use a Roth IRA or not in the US will be one of the most bountiful or expensive lessons you ever learn. What broker do you use. Don't skip the first 6 steps, because your broker is one of the least important decisions. I mean... avoid Robinhood but ultimately if you're clear on the above first, then this decision becomes very simple. Ongoing Investing. Surprise! Investing isn't a one time thing. What happens after that first time... you're over the hump of getting started. Now what? Now we really start to build wealth. Ideally automate because Dollar Cost Averaging (DCA) becomes sooooo much easier. Your ongoing regular action is what is going to actually make you make financially free. Step 2, mindset really comes in to play here because over the course of your life you will see volatility and crashes in the market. Continue your learning with the Investing Masterclass at https://go.mswealthy.com/registration Join Investing Bootcamp at www.investingbabe.com xo Simone ------ LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

Ms Wealthy's Kiss My Money Podcast

#84: The 8 Simple Steps to Invest in Stocks

The most powerful wealth infused guided visualisation to release everything that isn't serving you and to step in to the most powerful and abundant version of yourself to make, keep and grow increasing amounts of money. Dosage recommended daily for continual financial expansion. Enjoy! xo Simone Ms Wealthy Founder www.mswealthy.com --- Send in a voice message: https://anchor.fm/kissmymoney/message

#83: Wealthy Woman Guided Visualisation

Who else is lurrvving the ethical investing trend?  Money is power, after all. So what's not to love about putting your money against more things that are good for the world.  But maybe you've been wondering what it actually means though, right?  Not to get all doom and gloom on yer, but there's a little more to it. Ready to look behind the curtain and take a peak at what defines ethical (and what companies are in the ethical list)? I run through a few funds to show you what's in them. Tune in... to sort of what Olivia Newton John would say, "Let's get eth-i-cal, eth-i-cal". xo Simone P.S. If you want to continue learning after this, watch the free investing training found at https://go.mswealthy.com/registration P.P.S We would love it if you could drop a review on iTunes - this helps massively to spread the love and help more women around money and wealth creation. ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#82: Let's get ethical, investors

Should you really be listening to barefoot investor or finfluencers when they say you should max out your retirement account? Here's the low down, without the snooze factor... Whether you're an Aussie with a super account, an American with a 401k or an IRA, or a Brit with a pension... it all comes down to three things: Tax Control Fees They're not all created equal. And that matters, like... a lot. I run through each of these so you can get clearer on what to do with your money today, so you are prepared for what you want later. xo Simone P.S. If you want to continue learning after this, watch the free investing training found at https://go.mswealthy.com/registration  P.P.S We would love it if you could drop a review on iTunes - this helps massively to spread the love and help more women around money and wealth creation.  ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#81: Retirement Accounts 101 without the snooze factor

You've probably heard of it before (it’s nothing new), but have you ever wondered WHY we have an “emergency fund”? My whole mission is to empower you so that you know you have the knowledge within you to make solid financial decisions yourself. Because that’s something you can carry with you for the rest of your life. So… what is an “emergency fund”? Let’s start first with the energy and intention behind it. I don't tend to call it an emergency fund (but it’s often called that). Why? Because I don’t want to manifest a freaking emergency! I have zero intention to put that energy out into the world. So instead I have money to enable me to make decisions in line with my values.  Money that I have set aside to help protect me, to make me feel secure, money that gives me choices. More aligned names might be: cash reserve, buffer fund, overflow account, a rainy day fund…. or you can get a lil spicy and go with f*ck it fund (to do what you want). Our words have incredible power, so when it comes to what we are creating -  we literally speak our desires into existence. Ok, that aside - there is also the practical part about what this fund is actually for.  And there are a lot of them. I talk about this in this episode - why we should have one, what is the point of it, and how much you should actually have set aside.  I also cover real numbers on “how much” you might want to hold. Dive into this ep as I talk about this amazing financial foundation, so you can set yourself up for long term wealth creation and investing.  xo Simone P.S. If you want to continue learning after this, watch the free investing training found at www.mswealthy.com ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#80: What Is An Emergency Fund for, Anyway?

“The stock market is too risky!” “You're just gonna lose all your money!” If you’ve ever mentioned investing in the stock market in casual conversation chances are you’ve been met with a lot of fear reactions and negativity; comments on how it’s just like gambling, and horror stories about how someone’s friends’ uncles next door neighbour “lost everything”! It’s normal to have emotions around something that is unknown because when it comes to the human brain, it's literally designed and wired to keep us safe. So when I hear things like this it just tells me one very clear thing…… They don’t know the full story and they don't have the knowledge about the stock market.. YET.  It actually tells me more about where that person is at in terms of their understanding than anything else. It might be that they have genuinely had a negative experience of trying to invest and have lost money because they've stock picked. Or maybe they sold at the bottom of a correction (this is common). Maybe they just think they know and have never done anything more with their money except earn it and squirrel away in a bank account.  This in reality is much more of a gamble than investing properly in the stock market, because as soon as you stop exchanging your time for money, (what a job is), then what? When someone says “it's risky” I always ask them: relative to what? Compared to what? Here in Ms. Wealthy HQ, we are all about having you confident and empowered with your money and with your decisions around money and wealth creation. I want you to have the knowledge so that you know the exact decisions to make throughout the rest of your life (not just today), because answers now, based on your current circumstances, current goals, current values are completely different to what it's going to be like in five years, ten years, or even further down the line. So if you are hearing from other people who are in debt, who don't invest, who have no goals around money and wealth creation, who don't care about wealth, who judge other wealthy people, and that aren’t in alignment with you, then here’s what to do: Get educated and seek the answers out for yourself. Because personal finance is… personal. Head over to www.investingbabe.com and check out my program Investing Bootcamp, where we teach everyone just like you to invest successfully long-term in the stock market and have you confident to grow wealth to $100K and beyond! xo Simone P.S. If you want to continue learning after this, watch the free investing training found at www.mswealthy.com ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#79: Is the Stock Market *actually* risky?

When you think of living a Rich Life, what do you see?  Is it in the here and now or do you think “someday when…..”?    What do you think changes about your money views when you reach different levels of net worth?  What does it mean to you?  How will it be?   Have you actually thought about it? In this episode I talk about these beliefs and practices around our net worth, touch on the toxic FIRE movement, and explore some aligned views from one of my favourite authors, Ramit Sethi. I prompt you to explore your mindset around reaching different levels of wealth. There are just so many factors which is why it is so important for everyone to think about it right now, because it's different for every single person……  At every different level of net worth ($10, $100k, $1m, $10m)….. What are your goals? What are your desires? What income do you have? What do you want to keep investing? What do you want to save now to keep investing? Do you have a specific number that you see as a turning point in how you feel about and act with money?  Things like “when I hit a million dollars, then I will be able to retire”, “if I hit a million dollars, then I will be able to go on a holiday”, or “if I hit a million dollars, then I will feel secure and independent”.  The reality is that it's just not true and this is why it's so important to build the habit now, that consistency now, and create the balance of desires of spending and also saving money and investing.   Most people will never allow themselves to think about what will change in their life as their net worth changes and increases, nor think about what their goals may be, but this is what I really want for you! I want you to have a proactive plan that sees your goals through to reality! Dive in to this episode and thinking about your future net worth xo Simone --- Send in a voice message: https://anchor.fm/kissmymoney/message

#78: What changes at $10k, $100k, $1m, $10m net worth

I’m chatting with my 17-year-old sister Mia about how to start investing.   This is going to be eye-opening - because some of the questions she is asking nobody has ever asked me before.  I want more of you to understand everything from the basics up; from how the economy actually works, to what the banks do with our money. Questions like, what do I do with my money? What is the point of investing? Is it actually safe?  How do I get my money back? How do companies make me money? How do I know if it's a scam?  After all, we’re not taught this in school, right?  You could be completely new to investing; Maybe you're a teenager, maybe you're 17, maybe you're 27, maybe a 47... it does not matter, the principles are the same! So if you have questions, but are maybe a little afraid to ask, or maybe you're even sitting there thinking... I didn't even know I should be asking those questions!  You are going to love this episode... because if I can teach a 17 year old to invest (starting small), then I know you can too. xo Simone P.S. If you want to continue learning after this, watch the free investing training found at www.mswealthy.com ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#77: Teaching a Teenager to Invest (so you can too)

Let's break down some of the techie barriers where trading is concerned, shall we? You don't need an IT degree or 6 supercomputers. You don't need to stare at charts all day. And you don't need some trading signal service that tells you what trades to make (how could you ever rely on that long term)?  This episode talks you through the exact 4 things you need: a computer, trading software, a broker and some data. I give you exact names and who to use. Plus I talk through how much money you can start trading with. If you want to learn more, come and join me at the Proven Predictable Profit Trading livestream Party. It's happening this week... make sure you're on the list to get all the info plus special access to replays if you can't make it live. Head to mswealthy.com/trading xo Simone ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#76: What Tech Things You Need To Trade

I get questions and comments all the time about roboadvisors like SixPark and StockSpot (Australia) and Betterment and Wealthfront (USA). It doesn't really matter WHICH roboadvisor... the point is most of them are very similar. This episode lifts the veil on how they work, what they do, what it's really costing you. Unfortunately there is a huge misunderstanding from most people that they some sort of special nobel prize winning fund managers putting together something new. All they're doing is investing in about 4 ETFs and calling it a fund. Yes, it's a fund of funds. It's basically a middleman between the fund and you... with a hefty fee on top. To be clear: you are paying fees for them to buy a few ETFs, when you could just invest in those ETFs yourself.  Or better yet, invest in the already done-for-you funds that have been around WAY longer than these middlemen and at a much cheaper price... oh and you'll also end up with better returns too. I talk through these options in this episode. xo Simone P.S. Have you watched the free investing webinar yet? Head here to get access: https://go.mswealthy.com/investingbootcamp ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#75: Are RoboAdvisors Hot or Not?

How on earth do you become profitable as a trader when the stats say only 3 percent of traders make money!? I've been trading (profitably, and consistently beating the market) for the last 6 or so years. I've seen everything from people blowing up their account, losing everything, and getting burned trying to make money day trading or forex trading. Making money as a trader requires more than guess work, tips from a friend or looking at stock charts. This episode covers: the eight tips every future (or current) trader needs to make money common mistakes and obstacles that stop MOST new traders from making money why anything other than systematic technical trading is basically gambling what systematic technical trading actually is how to become the most profitable stock trader using proven methods that actually work I have an exciting announcement on getting the right training you need as a trader.  Sign up here to be on the list and in the know: mswealthy.com/trading xo Simone ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. We are not providing financial advice or financial services, and are not dealing in financial products. We are not providing a recommendation or statement or opinion intended to influence you or any other person in making a decision about a particular financial product or class of financial products. Case studies and examples are purely for illustration, and are confined to their particular facts. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such. --- Send in a voice message: https://anchor.fm/kissmymoney/message

#74: The 8 Must-Haves to be a Profitable Trader

I recently recorded a live training, and I've put the recording here in a handy place to access because it's sooooo good.  This episode covers 4 major things you need to know, and where most people lose money when they first start out. I also talk about what to do instead... so that you can quantum leap with your time and finances. These are the things to know so you can profit and start winning the game from the start.  You'll learn about things like stock picking, timing the market, where most investors leave money on the table (plus a whole lot more).  To find out more about my signature money, investing and wealth program Investing Bootcamp head to www.investingbabe.com xo Simone P.S. Have you watched the free investing webinar yet? Head here to get access: https://go.mswealthy.com/investingbootcamp ---------------------------------- LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. I am not a licensed financial advisor. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such.  --- Send in a voice message: https://anchor.fm/kissmymoney/message

#73: How to *Not* Lose Money Investing

Are you also reallllly sick and tired of seeing lamborghini posts on instagram, or yet another designer handbag with zero context except how you can "get rich real quick and make $1000 a week with this forex MLM company"? Urgh. Yeah, me too. So I want to have some #realtalk on what a millionaire looks like. I recently shared on IG stories that our net worth is approaching $1.1million... but I want to share with you how I actually live my life and how I got here (from zero).  I'm a huge advocate for BOTH. Both living your life now and creating an abundant financial future.  I even give you some really helpful things for YOU to think about and do, so you can create the life you want now, and later.  xo Simone P.S. Have you watched the free investing webinar yet? Head here to get access: https://go.mswealthy.com/investingbootcamp  --- Send in a voice message: https://anchor.fm/kissmymoney/message

#72: This is What a Millionaire Looks Like

I came on as a guest in a friends business mastermind to chat about money management and wealth building for business owners and entrepreneurs - and I've added some sections of my chat with them here for you to listen in on.  Here are a few top line takeaways: 1. Know your four numbers around your business... that's: Knowing your sales, revenue, profit and income numbers.  2. Split your business and personal income accounts. You are not your business... so it's important to split your money and treat your life and your business seperately. 3. Have other wealth vehicles and ensure you're investing. So many entrepreneurs spend a lot of time and money on their business. Time spent growing their own business, and money investing back in to the business. I often see business owners then spending less time and money on other wealth building vehicles... like creating an investment portfolio. Banking on that one business succeeding is only ONE income stream, and may not be a future asset that pays you money, unless you're working in it.  The goal? Always to have assets that pay you money without taking up your time. Which is why Investing Bootcamp exists - to show you how to manage money and create an investment portfolio that builds you wealth in your sleep.  Find out more about Investing Bootcamp here: www.investingbabe.com xo Simone --- Send in a voice message: https://anchor.fm/kissmymoney/message

#71: Money Management & Wealth Building for Entrepreneurs and business owners

Tune in for the down low on the world of crypto! I know a lot of you are interested in cryptocurrencies so I’m laying down the basics on all things crypto for you! Cryptocurrency investing is quite complex, so I quickly touch on the key essentials like Buying, Spending, Storage, & Safety, and how it’s never too late to start investing! Most exciting of all is info on the epic Investing Bootcamp PRE-SALE is now on until 31st March. You’re not going to want to miss it!! Happy investing x Simone --- Send in a voice message: https://anchor.fm/kissmymoney/message

#70: Taking the Cryptic out of Crypto

If you want to make more, keep more and multiply more money - you’re in the right place! I’ve spent over 10 years learning from the most brilliant minds in money, wealth and investing to take myself from less-than-nothing to a million dollar investment portfolio. Join in as I share the secrets towards more growth, money, investing and ultimately freedom. My name is Simone Mercer-Huggins, and welcome to Ms Wealthy’s Kiss My Money Podcast.

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Ms Wealthy's Kiss My Money Podcast

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