episode: 45

How to Start Saving and Investing with Ryan Jacobs and Matthew McGee

December 8, 2021

listen now

About This Episode

One of the things a lot of us regret is not getting serious about our finances at a younger age. By developing great financial savings and investment habits early, young adults can significantly increase their odds of long-term financial stability and success.

If you have kids between the age of 16 and 30 or are in that age category yourself, and are wondering how to start saving and investing, this episode is for you.

Marcelo Taboada and co-Host Lawrence Greenberg are joined by Ryan (20) and Matthew (17) for today’s episode. Ryan and Matt share their refreshing perspectives on saving and investing. They talk about the important role social media plays in introducing young people to investing, the key lessons they’ve learned, their best advice for other young people, and so much more!

Thank you for listening!

Key Topics:

  • Introducing Ryan and Matthew (4:37)
  • How TikTok helped Matthew realize he should start investing (6:14)
  • Why Ryan chose Boeing for his first investment (7:00)
  • Ryan’s current portfolio strategy (8:55)
  • Matthew’s portfolio composition (10:18)
  • Managing the unknown aspect of cryptocurrencies (11:18)
  • Using research to combat FOMO (14:09)
  • Ryan and Matthew’s approach to learning about investing (16:08)
  • How learning about crypto helps Matthew’s stock portfolio (18:08)
  • Balancing saving and personal spending (20:31)
  • Common pitfalls that prevent young people from saving and investing (22:46)
  • Developing behaviours that will benefit your finances for life (24:57)
  • Missteps in investing (26:08)
  • Ryan and Matthew’s best advice for young people and saving (27:57)
  • What young people need to know about investing (29:13)
  • And much more!

Meet your hosts

Keith Matthews

Keith Matthews

Partner & Portfolio Manager

linkedin  email  phone

Ruben Antoine

Ruben Antoine

Portfolio Manager

linkedin  email  phone

Marcelo Taboada

Marcelo Taboada

Associate Portfolio Manager

linkedin  email  phone

Thanks for Listening!

Be sure to subscribe on AppleGoogleSpotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112

Follow Tulett, Matthews & Associates on social media on LinkedInFacebook, and more!

Follow The Empowered Investor on FacebookLinkedIn, and Instagram

Related Episodes

War, Conflict & Long-term Investing
War, Conflict & Long-term Investing

In this episode, Marcelo and Keith talk about geopolitical risk/shock in investing. When we’re facing major geopolitical events, war, health crises, or a recession, many investors’ immediate reaction is that we’ve never seen something like this before. We hear – this time is different. Unfortunately, that often leads investors to make short-term, reactive decisions that ultimately harm their long-term investment plan.

read more
Delta variant & investor implications
Delta variant & investor implications

In this episode, Marcelo, Ruben and Keith talk about how the Delta variant has impacted investors so far, what we’ve seen in the bond and stock markets, the pitfalls you need to avoid as an investor, why your investment philosophy is your biggest asset, and so much more!

read more

Stay up to date with the latest episodes and posts

© Copyright 2022  |  Tulett, Matthews & Associates        Conflict of Interest Disclosure      Privacy Policy      Legal