Get Started Investing

← Get Started Investing26 Aug · 29 min

What putting $3K into a mate’s stock tip taught Ryan about investing

What putting $3K into a mate’s stock tip taught Ryan about investing26 Aug29 min

Ryan thought he was doing everything right with his money until a stock tip made his ETF feel like the wrong choice.

For years, Ryan followed a very traditional approach to money: work hard, save hard and eventually buy a house. Then he discovered compound interest, started investing and found himself comparing two very different ways to put his money to work.

What did that stock investment teach him? And how did it shape the kind of investor he wants to be?

Ryan joins Jess to share how he got started investing, what his portfolio looks like today, the sleepless nights that came with his most concentrated investment yet—backing his own business—and why that experience has made the share market feel surprisingly safe.

For more regular updates from Jess’ investing journey, follow along on Instagram at getstartedinvesting_.

Chapters:

00:00:00 From Saving Hard To Investing Smarter

00:03:30 How Ryan Learned To Think About Money

00:07:00 The Investing Lesson That Changed Everything

00:09:32 His First Stock Tip And $3000 Bet

00:12:22 Why Ryan Gave Up Picking Stocks

00:16:42 Betting On Himself And His Business