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Speaker 1: Earners. What's up.

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Speaker 2: You ever walk into a small business and everything just

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Speaker 2: works like The checkout is fast, the receipts are digital,

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Speaker 2: tipping is a breeze, and you're out the door before

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Speaker 2: the line even builds. Odds are they're using Square. We

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Speaker 2: love supporting businesses that run on Square because it just

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Speaker 2: feels seamless. Whether it's a local coffee shop, a vendor

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Speaker 2: at a pop up market, or even one of our

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Speaker 2: merch partners, Square makes it easy for them to take payments,

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Speaker 2: manage inventory, and run their business with confidence, all from

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Speaker 2: one simple system. If you're a business owner or even

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Speaker 2: just thinking about launching something soon, Square is hands down

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Speaker 2: one of the best tools out there to help you start, run,

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Speaker 2: and grow. It's not just about payments, it's about giving

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Speaker 2: you time back so you can focus on what matters

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Speaker 2: most Ready. To see how Square can transform your business,

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Speaker 2: visit Square dot com backslash go backslash eyl to learn

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Speaker 2: more that Square dot com backslash, go backslash eyl. Don't wait,

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Speaker 2: don't hesitate. Let's Square handle the back end so you

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Speaker 2: can keep pushing your vision forward. This episode is brought

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Speaker 2: to you by P and C Bank, a lot of

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Speaker 2: people think podcasts about work are boring, and sure they

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Speaker 2: definitely can be, but understanding of professionals routine shows us

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Speaker 2: how they achieve their success little by little, day after day.

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Speaker 2: It's like banking with P and C Bank. It might

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Speaker 2: seem boring to save, plan and make calculated decisions with

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Speaker 2: your bank, but keeping your money boring is what helps

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Speaker 2: you live or more happily fulfilled life. P and C

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Speaker 2: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since

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Speaker 2: eighteen sixty five is a service mark of the PNC

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Speaker 2: Financial Service Group, Inc. P and C Bank National Association

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Speaker 2: Member FDIIC.

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Speaker 1: So, how to.

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Speaker 3: Start investing in stocks? And the three of us get

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Speaker 3: this question all the time, so we wanted to lead

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Speaker 3: with that, and we want to break it down as

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Speaker 3: simply as we can. And so first, you need a

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Speaker 3: brokerage account. What is a brokerage account?

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Speaker 1: Okay?

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Speaker 3: A brokerage account, simply guys allows you to buy stocks, sales, stocks,

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Speaker 3: invest okay. And so some of the more notable names

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Speaker 3: you might know of or be familiar with, or you

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Speaker 3: may not be Vanguard Fidelity. Those are two ones that

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Speaker 3: has just been around for the test of time. Now

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Speaker 3: and if you are thinking long term, these two entities

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Speaker 3: are ones you want to consider. Fidelity Vanguard you want

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Speaker 3: to think about once I do take this step to invest.

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Speaker 3: Let me open up a Fidelity account, let me open

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Speaker 3: up a Vanguard account. You want to start there with

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Speaker 3: the premise in mind that you are thinking long term.

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Speaker 3: Then you have everything from more newer apps, more user

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Speaker 3: friendly like robin Hood, we Ball, interactive brokers, Tasty Trades,

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Speaker 3: to name a few. So listen, guys, it starts with

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Speaker 3: before you can invest, you have to have a brokerage

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Speaker 3: account to even deploy your money too.

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Speaker 1: Okay.

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Speaker 3: And this is lateral from your job. This is separate

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Speaker 3: from whatever you are getting at your place of employment.

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Speaker 3: This is this is on you. The book came out,

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Speaker 3: We're going to make sure this book become a number

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Speaker 3: one bestseller. You deserve. This is about you. This is

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Speaker 3: about you, guys. Okay, And so you need to make

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Speaker 3: sure you have your own brokerage account. You're doing your

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Speaker 3: your own investing. You're taking your you taking your own

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Speaker 3: finances and affairs in your hand. Okay, next up.

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Speaker 1: I'll take it.

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Speaker 4: I'll take it even step further too, because I want

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Speaker 4: to kind of expand on that a little bit because

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Speaker 4: for some people like to even why investing is important

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Speaker 4: on what a stock is, right, Like we talk about

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Speaker 4: stocks as far as that's ownership and private companies and

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Speaker 4: in this public companies, right, So the public companies, anybody

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Speaker 4: can own it like Tesla, like Microsoft.

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Speaker 1: A private company is like earn your leisure where only

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Speaker 1: we own it. Right.

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Speaker 4: So it's important to invest in these public companies because

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Speaker 4: as their value goes up, your investment going to go

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Speaker 4: up over the course of time as well. Right, So

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Speaker 4: the only way we took about inflation, the only way

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Speaker 4: to beat inflation is to actually invest, right, because that's

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Speaker 4: how your money is actually working for you over the

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Speaker 4: course of time. But another question that I get about

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Speaker 4: the brokerage is like even like how to set it up,

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Speaker 4: and it's it's really not too complicated.

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Speaker 1: Guys, like you go to the app store and you.

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Speaker 4: Download Charles Schwab is another one, or you download Fidelity

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Speaker 4: and all of these these these apps and platforms have

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Speaker 4: similar type of things where you just got to fill

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Speaker 4: in your information. So they have to it's called like

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Speaker 4: know your customer, right, so they're actually you're like your

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Speaker 4: social the actually your number, your email. You have to

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Speaker 4: provide this information. Guys like you can't try to, I ain't.

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Speaker 4: You gotta provide You gotta provide information. Yeah, and then

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Speaker 4: from there you link your bank account to it. This

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Speaker 4: is important for people to fully understand as well, because

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Speaker 4: they're like, well, how do I get money into the account?

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Speaker 1: Right? I gotta fund it.

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Speaker 4: You link your bank account to it, and then you

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Speaker 4: fund it, and then that that funding goes both ways.

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Speaker 4: So you put money in from your bank account, or

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Speaker 4: put two thousand dollars for my bank account into Fidelity,

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Speaker 4: and then when it's time to move for money from

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Speaker 4: Fidelity to your bank.

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Speaker 1: Account, vice versa, vice versa.

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Speaker 4: But where it's hell that this is important but our

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Speaker 4: retirement can.

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Speaker 2: I give them a hack from what you just said.

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Speaker 2: This is important too because that transaction time. It can

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Speaker 2: if you're a new customer, that might take five to

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Speaker 2: seven days. And so for us having money that we

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Speaker 2: sent and we don't know where it's going and it's

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Speaker 2: taking five to seven days. Is a new account opening

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Speaker 2: you could fill a little ankst especially, but what you

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Speaker 2: can do right and this is and this is a

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Speaker 2: good tip.

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Speaker 1: I use e trade and so when e.

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Speaker 2: Trade, I found out the wire instructions, right, so when

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Speaker 2: I get the all your instructions that come from e trade,

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Speaker 2: now when I send the money. Right, let's say I'm

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Speaker 2: sending five thousand dollars to my E trade account that's

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Speaker 2: going to get there within thirty minutes rather than waiting

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Speaker 2: five to seven days. And so yes, you can do

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Speaker 2: the AH transfers with take three to five or maybe

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Speaker 2: five to seven if it's your new account, or you

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Speaker 2: can get your broke which is wire information, and have

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Speaker 2: that money expedited because five to seven days in the

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Speaker 2: market can change a lot. Right, like we saw over

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Speaker 2: the past week, right on Monday's south By Friday, you

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Speaker 2: could have lost a lot or you could have gained

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Speaker 2: a lot. So you want to make sure that your

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Speaker 2: money gets there in expedited fashion. Why in transfers is

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Speaker 2: another way that you can you can hack that.

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Speaker 1: Then the last day I say before we move on, is

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Speaker 1: that I used to get this a lot.

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Speaker 4: When people are talking about their four one ks, they'll

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Speaker 4: have a four one K, the money's coming out of

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Speaker 4: it that they're checking it. Their money's coming out of

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Speaker 4: their paycheck, and they automatically assume that it's being invested.

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Speaker 4: I asked, like, what are you investing in? They're like,

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Speaker 4: I don't know, did not see their statements, and they're

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Speaker 4: not actually invested in anything. When your money goes into

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Speaker 4: a broken account, it goes into what's called.

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Speaker 1: The money market.

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Speaker 4: That's like a six's account pretty much for a brokerage account,

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Speaker 4: like it's sitting on the sideline. You have to direct

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Speaker 4: where the money's going. So the next thing we'll talk

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Speaker 4: about like actual investments. But don't think that. Okay, I

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Speaker 4: opened up a Fidelity A link it to my Chase

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Speaker 4: bank account. I put two thousand dollars from Chase into Fidelity,

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Speaker 4: and now I'm invested into the stock market. That's not

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Speaker 4: you're not int But like I said, that how it works.

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Speaker 4: That actually happened. Like I said, I see, I see that.

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Speaker 4: What I saw that with retirement when I was a

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Speaker 4: financial bid, I used to see that with retirements people

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Speaker 4: have money they used to have like twenty fifty thousand

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Speaker 4: dollars into their retirement.

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Speaker 1: Account because they didn't. They didn't.

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Speaker 4: They would never fully educated that you had to pick something,

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Speaker 4: and they just the default for their retirement plans was

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Speaker 4: a money market account until they decided what they wanted

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Speaker 4: to do with the money. They never decided what they

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Speaker 4: wanted to do with the money, and the money was

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Speaker 4: not growing. It's not a money market is not invested right,

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Speaker 4: that's like a like zero, it's sitting on it's sitting

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Speaker 4: on the sideline side. That's just important. Just because you

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Speaker 4: open it, you put it in. Now from there, you

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Speaker 4: have to actually put into it.

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Speaker 1: That's a fact, Chris.

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Speaker 2: I'm gonna go back up to this slide where we're

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Speaker 2: looking at the brokerages. Yeah, is there one that you

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Speaker 2: prefer all the other or is this case by case?

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Speaker 2: Like I know, each trade is not on there. Everybody

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Speaker 2: euyou knows. I love E trade, but I'm using trade

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Speaker 2: so not because for informational purposes. It's easier for me.

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Speaker 2: I love the way that we can get information. Is

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Speaker 2: there is there one that is preferred the.

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Speaker 3: Other Vanguard for long term, I prefer for strictly long

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Speaker 3: term and or Fidelity. You can't go wrong if that's

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Speaker 3: the mindset. I'm buying holding this for at least ten years.

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Speaker 3: Vanguard and Fidelity are phenomenal. E Trade robinhood in one finance.

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Speaker 3: Some of those other ones are good too, because they

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Speaker 3: provide even more information and news and other things that

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Speaker 3: it is helpful to the user. So there's no order.

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Speaker 3: But except for the long term piece, Fidelity and Vanguard

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Speaker 3: are the ones you not trying to trade in. Those

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Speaker 3: will Vanguard at least, you're not using that to be

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Speaker 3: a trader. You're trying to your purpose intently trying to invest.

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Speaker 5: An illegal alien from Guatemala charged with raping a child

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Speaker 5: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 5: accused of murdering a Texas man of Venezuelan charged with

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Speaker 5: filming and selling child pornography in Michigan. These are just

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Speaker 5: some of the heinous migrant criminals caught because of President

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Speaker 5: Donald J. Trump's leadership. I'm Christy Noman, the United States

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Speaker 5: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 5: crossings are at the lowest levels ever recorded, and over

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Speaker 5: one hundred thousand illegal aliens have been arrested. If you

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Speaker 5: are here illegally, your next you will be fine nearly

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Speaker 5: one thousand dollars a day, imprisoned and deported, you will

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Speaker 5: never return. But if you register using our CBP home

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Speaker 5: app and leave now, you could be allowed to return legally,

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Speaker 5: do what's right.

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Speaker 1: Leave.

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Speaker 5: Under President Trump, America's laws, border and families will be protected.

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Speaker 1: Sponsored by the United States Department of Homeland Security,