July 3, 2025
Q&A: Getting Started from Ground Zero; Is there value in the Mag 7?
The Investing for Beginners Podcast - Your Path to Financial FreedomAbout this episode
In this episode, Dave and Andrew answer listener questions covering essential steps after opening a brokerage account, actions and due diligence before opening an account, and advice for new investors. They emphasize the importance of building good investment habits, such as making investing a part of the budget. They also discuss beginner-friendly stock picks, the appeal of index funds, and how to manage a diversified portfolio. Additionally, they explore the value in ‘The Magnificent Seven’ stocks, offer personal insights on portfolio allocation, and deliberate over the emotional and practical aspects of investing. 00:00 Welcome and Listener Questions Introduction 00:14 First Steps for New Investors 00:41 Building Good Investment Habits 02:37 Recommended Book for Investors 03:40 Stocks for Beginners 08:43 Advice on Roth IRA Investments 14:59 The Magnificent Seven: Value or Hype? 22:43 Portfolio Management Strategies 35:37 Conclusion and Contact Information Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Go to SHOPIFY.COM/beginners to start selling with Shopify today. Get your summer savings and shop premium wireless plans at MintMobile.com/beginners What do Dave and Andrew recommend? Our #1 recommended stock research platform is FinChat (now Fiscal.ai). Get 2 weeks access for free using our link (no card required): fiscal.ai/ifb Andrew works really hard to find the best insights he can every single month at Value Spotlight . To see a sample of his previous work, go to stockwriteup.com . Have questions? Send them to newsletter@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein For sponsorship inquiries, reach out to us at equity@einvestingforbeginners.com . Learn more about your ad choices. Visit megaphone.fm/adchoices