The Independent Musician's Guide to Investing [SSP #019]

In this episode, Justin Colletti tackles an unlikely topic for a channel that's all about music and audio production and business: Investing. In this episode, you'll get some evidence-based best practices for managing your surplus so that you can weather lean times in a creative field, more confidently make the leap to working for yourself full time, or even just support an expensive calling in the arts. Thanks to Gear Club, Soundtoys and iZotope for sponsoring this podcast. If you need help making sure you have a surplus each month to begin with, try "The Independent Musician's Guide to Not Going Broke" or podcast episode 9 at the links below: https://sonicscoop.com/2013/09/26/the-independent-musicians-guide-to-not-going-broke/ https://sonicscoop.com/2019/02/28/how-to-make-and-keep-more-money-in-the-music-and-studio-business-ssp-009/ For more of Justin's writing on this topic, try: http://justincolletti.com/2016/03/10/how-to-tell-when-stocks-are-overpriced-its-easier-than-you-may-think/ http://justincolletti.com/2016/03/08/good-profit-in-life-business-and-art-are-you-investing-trading-or-speculating/ https://justincolletti.com/2016/02/06/the-great-bubble-of-2016/ And for the charts and graphs in this episode, see: https://www.multpl.com/shiller-pe https://www.multpl.com/inflation-adjusted-s-p-500 http://pricedingold.com/charts/SP500-1880.pdf https://www.macrotrends.net/2574/dow-to-gdp-ratio-chart https://mebfaber.com/2019/01/06/you-would-have-missed-961-in-gains-using-the-cape-ratio-and-thats-a-good-thing/ https://mebfaber.com/2014/04/15/a-spectrum-of-possibilities-probabilities/ Note that this podcast is for informational purposes only and nothing in it should be construed as personal investment advice.