November 25, 2020

[Ep. 254] Investing for Your Future After Becoming Debt-Free with Jully-Alma Taveras

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This episode of the Mo’ Money Podcast is sponsored by TD Direct Investing. Download their new app TD GoalAssist™ to set your investment goals and start investing in TD ETFs with zero commissions! To learn more visit www.td.com/GoalAssist or read my blog post.

We’ve all seen the stats…if you started investing in your teens you’d end up significantly wealthier than if you wait until your 20s or 30s. But most of us have no idea where to start or even have the confidence to invest our first dollar before we’re fully ready. Well, as my next guest Jully-Alma Taveras (a.k.a. Investing Latina) shares in this episode, you’ll never be fully ready. And that’s ok! She started investing at 19 and is now in her 20s, she’s much further ahead on her financial journey because of it.

And now, she creates financial literacy content on your Instagram and YouTube channel, in addition to being a contributing editor at Next Advisor and public speaker, to empower and educate other young women to start investing as soon as possible. Because the thing is, you’ll never be completely ready to start investing and you may make mistakes.

But that shouldn’t scare you off from getting started because you can change your investment strategy as you become a more confident and knowledgeable investor. Just take my journey. I started with index funds (but had no idea what those were), then switched to mutual funds, then moved everything to ETFs, and now I do a mixture of ETFs and individual stocks. It’s taken me years to discover the best way to invest in my goals, but I’m so glad I didn’t wait until I was “ready”.

Things Mentioned in This Episode

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