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 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL 🤝 Sponsor Tide - Earn up to 4.48% AER Variable on your business savings here: https://www.tide.co/offers/savvywallet/ You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.48% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit tide.co/savings. 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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