Calah (Kayla) Beal

speaker

23 appearances 1 recordings 1 series first heard Jan 2024 last heard Jan 2024

Calah (Kayla) Beal’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · More Young Black Investors Are Entering the Stock Market · 16 Jan 2024 podcast

Happy to be here.

Thank you so much for having me.

So I started investing in 2021.

I've always wanted to start, but with the meme stock that was going on in 2021 with the GameStop and AMC, that's what pushed me to just put my money in because you have to make up your mind pretty fast if you're going to hop on that boat.

I put in about $14,000.

Oh, wow.

Honestly, I was scared.

I'm really a financially stable person.

I've always had my savings.

I don't spend my money erratically.

So I went back and forth with that decision.

And AMC was just going up, going up.

I tried to outweigh the risk by just believing in it.

There was a point where I was up $2,000, and that's when I should have taken it out.

And it just plummeted so fast that it was too late.

I learned to definitely put more studying into any company.

I also learned not to invest so much.

At first, I would have put less money in.

And it's important to diversify your stocks.

Don't just put all your eggs in one basket.

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