Investing with Stephanie Xenos on The 411k Podcast
On the podcast The 411k, Stephanie serves up a healthy dose of what she calls her “special sauce” - that is to say, investing!
She walks the hosts through three phases of investing, breaking down how to open the best type of account for your goals, how to choose investments, and how to avoid investing pitfalls like paying high fees. She also gives a quick investing vocabulary lesson so you can school the bros in your office when they start throwing around terms like “mutual funds” and “ETFs.”
Stephanie also addresses the factors that commonly discourage women from investing. Often, women will keep their money in cash because they think they need to understand everything about investing before they begin. Absolutely not true! She also counters the prevalent narrative that investing is highly risky by weighing the long term benefits with the risks. “I actually think investing is the safer option,” she says.
On the individual level, Stephanie sees investing as the best way toward financial independence. But beyond that, she believes that investing can lead to gender equality and generational change.