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Nicole Lapin

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
4399 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

So from your trading days, now you're a long-term investor for yourself.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

You probably experience putting in the first bit as like the smallest amount to sort of test the waters, right?

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

So if somebody's

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

thinking about jumping into gold or silver ETF.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

And a great point to track the expense ratios.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

ETFs are generally less expensive than mutual funds.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

So these are on the lower side.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

But don't put all your money in there.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

So like if you had, for easy math, like $12,000 that you wanted to put in, you wouldn't put it all right now.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

You would put like $1,000 now.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

And then you would dollar cost average to get the average of it.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

And what do you think about Bitcoin, which is what some say the digital gold, which is down like 20 percent?

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

Totally.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

It was supposed to be uncorrelated, damn it.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

Yeah, and it's not.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

And here it is.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

Like, move in the same way.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

So you might as well own NVIDIA.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

Again, do your own research.

Money Rehab with Nicole Lapin
How to Invest During a Crisis: Oil, the Dollar, and What to Do Right Now with Lauren Simmons

But, like, what you're saying is that, you know, it's not a hedge for other asset classes.