The Savvy Wallet with Ato Jay

In this episode we have Debodun Osekita, former trader at Goldman Sachs, founder of stock pickers academy a community that educates you on investing in the stock market, founder of coach cube that helps you prepare for job interviews, he is an investing coach and angel investor.

In this episode we discuss:

– Why you need to invest

– A simple way for you to start investing and building wealth today

– How just investing in the S&P 500 isn’t enough

– S&P 500 vs Global ETF’s/Index Funds

– Some metrics to consider when looking at investing in individual stocks

– Why Trumps tariffs on China is impacting the stock market and much more

Connect with Debodun:

Instagram: https://www.instagram.com/stockpickersacademy

Instagram personal: https://www.instagram.com/coachdebs.spa

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TIMESTAMPS

0:00 – Preview

0:54 – Intro

1:30 – Meet Ex-Goldman Sachs Trader Debodun

5:31 – Lessons from working in Goldman Sachs 

11:44 – What is investing?

13:11 – Why should you invest? 

14:37 – Investing in the S&P 500 is not enough!

20:11 – Tide Ad

21:40 – Why people are scared of investing?

28:13 – Should everyone have S&P 500 and Global Index fund in their portfolio? 

32:12 – The truth about global index funds 

37:56 – The case for S&P 500 over Global Index Funds 

38:59 – At what point do you invest in individual stocks?

45:17 – The risks of investing in individual stocks 

50:42 – Some factors to consider before investing in individual stocks

54:47 – Apple is more valuable than the FTSE 100 

58:35 – The Bitcoin cycle

59:55 – Stock prices are irrational

1:05:21 – The impact of getting a stock at the wrong price

1:13:19 – Why is the US & China trade war happening? 

1:17:11 – Why are tariffs having an impact on the stock market 

1:27:32 – How to manage investing in the tariff situation

1:31:44 – Industries that thrive in difficult markets

1:35:29 – Building wealth from investing in the stock market

1:36:57 – Could the market drop more if more tariffs are introduced 

1:37:43 – Industries that I like for the future

1:40:49 – Find out more about stockpickers academy

1:44:59 – Final Words

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