Podcast
The Investing for Beginners Podcast - Your Path to Financial Freedom
Hosted by By Andrew Sather, Stephen Morris, and Evan Raidt | Stock Market Guide to Buying Stocks · EN
Learn how to master the stock market without the hype or the headache. This podcast breaks down complex investing into simple, "chill" strategies you can actually use.
From comparing giant rivals like Coke vs. Pepsi to spotting red flags in "Superstar CEOs," we show you how to look at the numbers and ignore the noise. Whether you are just starting out, moving away from debt, or looking for a steadier way to build wealth, we provide the clear, jargon-free guidance you need to grow your portfolio with confidence.
Stop chasing "get-rich-quick" schemes and start building your path to financial freedom, one episode at a time.
42episodes
Episodes
Newest firstAll episodes
AAR51 - The Money and Mental Health Connection
2d ago01:03:11Tap to summarizeMoney stress isn’t just about dollars—it’s about what money does to your brain. In this episode, Evan and Andrew dig into the real link between mental health and finances: decision fatigue, avoidance, impulsive “therapy spending,” and the spiral where stress creates bad decisions… which creates more stress. Then we get practical. If you’re stuck in that loop, the goal isn’t perfection—it’s reducing the pressure so you can make clear decisions again. We walk through the “rip the band-aid off” steps that actually help: getting visibility with a budget, building an emergency fund as an emotional safety net, and using automation to remove willpower from the equation. What You Will Learn Why financial stress becomes a self-reinforcing feedback loop How uncertainty + decision fatigue makes even small purchases exhausting The 3 common stress responses: avoidance, impulsive spending, overreaction Why more income helps but doesn’t automatically fix money anxiety The practical “band-aid rip” plan: budget, emergency fund, automation Timestamps 00:00 – Why this isn’t a “therapy episode,” it’s actionable 06:00 – Decision fatigue: when every purchase becomes stressful 09:00 – The feedback loop: stress → worse decisions → more stress 15:00 – Avoidance vs impulsive “therapy spending” vs overreacting 28:00 – More money helps… but doesn’t fix the root problem 35:00 – Accountability: advisor, therapy, or a trusted person 40:00 – Relationships: misalignment & lack of communication 47:30 – Action steps: budget visibility, emergency fund, automation Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Free monthly budgeting spreadsheet: https://einvestingforbeginners.com/budget/ Email Evan: evan@einvestingforbeginners.com Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate, we’ll see you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →How Non-Food Franchises Build Wealth with Jon Ostenson
3d ago00:25:21Tap to summarizeMost people hear the word franchise and immediately think fast food but franchising is much bigger than burgers and drive-thrus. In this episode, Andrew sits down with Jon Ostenson, a franchise consultant, investor, and author of Non-Food Franchising, to unpack what non-food franchising actually is and why it's become a serious wealth-building path for business owners. They break down the real advantages of franchising (product-market fit, a playbook, buying power, a tech stack, and community), how franchise due diligence works through the Franchise Disclosure Document (FDD), and why franchises can sometimes sell at higher multiples than comparable independent businesses. They also discuss funding options, what types of recession-resistant businesses people are buying today, and the biggest misconception. What You Will Learn What non-food franchising is (and why most people overlook it) Why franchises can have an edge How to evaluate a franchise using the FDD Why franchises can trade at higher resale multiples Common funding paths Timestamps 00:12 The non-food franchising twist 00:54 What non-food franchising means 01:56 Non-food franchising has been around longer than you think 03:43 Why franchising can beat starting from scratch 05:02 Why franchises can sell for higher multiples & internal M&A roll-ups 06:34 Jons story: corporate golden handcuffs to franchising + early lessons 08:06 Franchise vs. stocks: commitment, liquidity, and why due diligence matters more 09:40 The FDD explained: Item 7, Item 19, and how to research performance 12:01 How markets affect demand 18:00 Jons book & how listeners can get a free copy Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →Birdseye View: Caterpillar (CAT) — Moat, Dealers, and the “Picks & Shovels” of the AI Boom
1w ago00:58:37Tap to summarizeCaterpillar (CAT) is one of those companies almost everyone recognizes—but most investors still struggle with the same question: how do you know if a great business is actually worth buying at today’s price? In this episode, Stephen brings the real-world perspective from growing up around mines and heavy equipment, while Andrew brings the numbers-first approach to see what the financials say. We walk through CAT’s moat at a high level: a massive dealer network, a parts-and-service flywheel, and a financing arm that keeps customers (and cash) inside the ecosystem. Then we zoom out to what’s driving the current excitement—CAT’s surprising exposure to AI infrastructure and a growing backlog—balanced against a real concern Stephen found in the research: pricing power. What You Will Learn Two practical ways to start a company deep dive: moat-first vs. financials-first Why CAT’s dealer network + parts/service flywheel can be a durable advantage How CAT’s financing arm strengthens the business and why scale matters What CAT’s AI infrastructure tailwind could mean Why pricing power can be a hidden risk, even for a great company Timestamps 00:00 — Why CAT is on the table 01:00 — Where to start: Andrew goes financials-first (fiscal.ai), Stephen goes moat-first 02:10 — Growing up around mines and CAT 06:30 — What a mine actually needs: machines, scale, and why maintenance is brutal 09:20 — The dealer network: localized “franchise-like” model 13:40 — Vertical integration: parts, service, and the revenue flywheel 16:40 — CAT as a “world bank”: financing equipment, parts, services, and dealers 21:00 — Product differentiation: reliability, ease of repair, and lease-to-buy behavior 28:10 — AI tailwind & data centers: generators, emissions standards, and “double-dipping” 36:40 — Valuation debate: backlog, forward PE, pricing power risk, and beginner takeaways Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →AAR50 - 5 Recession Preparations Without the Panic
1w ago00:47:41Tap to summarizeIn this milestone 50th episode, Evan and Andrew break down what a recession is, why it happens, and why the media often frames it in a way that creates unnecessary fear. Instead of doom-and-gloom predictions, the focus is on staying calm, reducing harm, and preparing in practical ways that actually help the average person. You’ll walk away with five actionable steps—covering job security, budgeting, emergency funds, investing behavior during downturns, and the idea of living with financial margin—plus a short list of what not to do when the news cycle gets loud. What You Will Learn What a recession is and common causes behind it The real-world effects on regular people (and why job security is the biggest one) How to think about recession-proofing your career without cheesy blanket advice Why a budget is a tool for clarity and leverage—not just cut everything How to build and store an emergency fund the right way Why pulling out of the market during fear is usually a long-term mistake The live with margin principle that makes you more flexible in any crisis Timestamps 00:12 Episode 50 & AAR approaching one year 02:20 The goal: reduce panic, stay calm, and prepare 03:08 What a recession is & common causes 06:16 Why this feels relevant right now 07:49 How recessions hit regular people 10:11 Media framing vs. personal impact 13:02 Step 1: job security—know your risk and build valuable skills 18:22 Step 2: budget—know your levers and your bare-minimum number 22:39 Step 3: emergency fund—3 to 6 months (or more) in a safe place 27:25 Step 4 + 5: keep investing if you can + live with margin Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Free monthly budgeting spreadsheet: https://einvestingforbeginners.com/budget/ Email Evan: evan@einvestingforbeginners.com Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate, we’ll see you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →How AI Is Changing Investing— with David Trainer
1w ago00:52:15Tap to summarizeAndrew sits down with David Trainer, CEO of New Constructs, to talk about what AI can actually do for investors—and where most tools fall short. David explains why the future of AI in investing depends less on flashy chatbots and more on trustworthy, auditable data and domain-specific “agents” that don’t pull from the open internet. They dig into how New Constructs built its dataset over decades, why “99% accurate” data still isn’t good enough for financial decisions, and how their AI agent (FinSights) uses deterministic rules on validated fundamentals to help investors screen, compare, and avoid misleading earnings and black-box outputs. What You Will Learn Why AI outputs are only as good as their inputs What “agentic” AI means and why domain-focused agents beat internet-wide chatbots How New Constructs built an auditable fundamentals dataset over 20+ years How core earnings and “earnings edge” can change how you evaluate companies and indices What kinds of investors New Constructs is built for Timestamps 00:30 Why AI conversation matters 02:15 Fundamentals first 03:21 Why chatbots beat search—but still aren’t “expert” decision-maker 05:14 Google Cloud partnership & why reliable datasets are the real secret sauce 07:19 The problem with “best stocks” answers 08:03 What “agentic” AI means: domain-specific agents 09:14 “Walled garden” data: why the agent must NOT talk to the internet 11:57 Data reliability: why 99% good data can still be unusable for decisions 16:01 How New Constructs maintains data integrity & self-verifying systems 33:44 Index methodology & how their core earnings leaders / very attractive indices work Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ New Constructs: https://www.newconstructs.com/ Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →Back to the Basics: How to Manage Your Portfolio Without Overthinking It
2w ago00:49:45Tap to summarizeWe’re wrapping up the Back to the Basics series by tackling the part of investing that’s not flashy—but can make or break your long-term results: portfolio management. Stephen and Andrew break down what it actually means to manage a portfolio, starting with the simplest (and most important) principle: diversification—because the future will surprise you, and you don’t want one stock or one sector to decide your financial fate. From there, the conversation gets practical: how many stocks is “enough,” what position sizing looks like for different investing styles, why over-rebalancing can hurt returns (“cutting the flowers to water the weeds”), and why dollar-cost averaging beats trying to time the market. They also cover real guardrails—like reducing tinkering, avoiding over-concentration, and knowing what would make you trim or sell a position. What You Will Learn Why diversification is the first rule of portfolio management How position sizing works—and why 15–20 stocks is a common “sweet spot” for stock pickers Why over-rebalancing can sabotage your winners How dollar-cost averaging helps you avoid the trap of market timing Common ways investors blow up portfolios—and the guardrails that prevent it Timestamps 00:00 Wrapping up Back to the Basics & why portfolio management matters (even if it’s “not fun”) 01:49 The #1 beginner rule 08:16 What “diversify” can mean 12:44 Position sizing & why many stock pickers aim for ~15–20 holdings 15:17 Rebalancing danger: “cutting the flowers to water the weeds” 19:23 Dollar-cost averaging, consistency, and avoiding market timing 26:05 Why timing fails: big up days happen during bear markets too 29:51 Adding vs. trimming: focus on fundamentals changing, not emotions 34:55 Sell rules: negative earnings, dividend cuts, and unsustainable debt 45:58 Guardrails + how portfolios get blown up: tinkering, over-concentration, over-leverage Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →AAR49 - Why High Interest Rates Are Good For You
2w ago00:41:45Tap to summarizeHigh interest rates get painted as “bad news” almost by default—but for everyday people, that’s only half the story. In this episode, Evan and Andrew break down why higher rates can actually help you build a stronger financial foundation, especially if you’re a saver. You’ll learn how higher rates can boost what you earn on idle cash (like emergency funds), make fixed-income options like CDs, T-bills, and bonds more attractive, and even create better planning opportunities for medium-term goals—without getting sucked into the “Fed panic” cycle. What You Will Learn Why the media narrative on interest rates is often skewed toward borrowers and businesses How higher rates can meaningfully increase returns on high-yield savings (with real numbers) When bonds/CDs make sense—and how “locking in” rates can simplify planning Why long-term investors shouldn’t obsess over rate moves (and what to focus on instead) Practical next steps for cash, medium-term goals, and long-term investing Timestamps 00:00 Why “high rates are bad” is an incomplete story 01:20 The real narrative: borrowers vs. everyday savers 03:55 High-yield savings accounts: why higher rates help your cash 05:20 Example: $20k at 0.5% vs. 4.5% and why it’s a big deal 06:20 CDs & T-bills: similar benefits, different tradeoffs 09:00 Borrowing gets more painful—why that can still be a net good for some people 12:20 Fixed income gets more attractive: bonds, spreads, and where you are in your journey 17:20 Locking in rates 20:00 Higher rates can cool demand and potentially lower prices 22:20 Stock market + interest rates: why long-term investors should tune out the noise Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Free monthly budgeting spreadsheet: https://einvestingforbeginners.com/budget/ Email Evan: evan@einvestingforbeginners.com Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate, we’ll see you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →Back to the Basics: How to Find Great Stock Ideas (Rabbit Holes vs. Screeners)
2w ago00:46:14Tap to summarizeFinding a great stock idea is hard—especially when you’re new and it feels like everyone has “the best” method. In this Back to the Basics episode, Stephen and Andrew compare how they personally generate investing ideas: Stephen’s rabbit hole method (starting with a company you already understand and branching out through suppliers, competitors, and beneficiaries) versus Andrew’s more numbers-first approach using watchlists and screeners. Along the way, they talk about why “touching a great brand” doesn’t automatically make a company a great investment, how to think about what’s truly mission-critical in a business, and how to build a repeatable pipeline for ideas without burning out. If you’ve ever wondered where to start, what to ignore, and how to develop your own style over time—this one’s for you. What You Will Learn How Stephen’s “rabbit hole” idea generation works (and why it can help you diversify) How Andrew uses watchlists, dashboards, and screening metrics to narrow the field fast Why supplier relationships can be risky—even when the customer is a world-class company How to spot early red flags (like excessive leverage) before you waste hours digging A practical mindset for beginners: relax, be patient, and build a repeatable process Timestamps 01:58 — Ferrari EV pricing/brand risk and why the market feels “cray-cray” 09:53 — Why finding good stock ideas is hard 18:10 — Stephen’s “rabbit hole method”: start with a company you know and branch into suppliers/materials 21:35 — How far do you go? 28:25 — CEO retirements (Tim Cook) and why headlines can create new rabbit holes 37:45 — The key nuance—supplier ≠ automatic buy (start skeptical) 39:55 — “Mission critical” vs. nice-to-have: what actually matters in a business ecosystem 43:10 — Andrew’s approach: watchlists + fiscal.ai dashboards & when he runs a screen 44:40 — Example screener metrics 56:20 — When to open the 10-K & how to build a repeatable idea pipeline over time Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →Back to the Basics: Circle of Competence
3w ago00:47:22Tap to summarizeCircle of competence” sounds fancy, but it’s really just this: know what you know, and know what you don’t. In this episode, Stephen and Andrew break down how most investing mistakes happen when you get confident in a business you don’t truly understand—even if the company feels familiar on the surface. You’ll learn how to define your circle of competence, how to expand it safely over time, and how to avoid common traps like investing in “cool” companies or getting swept up in market narratives. Stephen also shares a simple pen-and-paper method to quickly test whether a company is truly inside your circle. What You Will Learn What a “circle of competence” actually means (and why it matters for stock picking) How to separate familiarity with a company from understanding the business model How moats, competition, and industry dynamics affect long-term results A simple checklist to test whether a company is inside your circle of competence How to expand your circle safely (sleep on decisions, start small, watch your emotions) Timestamps 00:00 — Why circle of competence matters 01:51 — Business understanding & where your investor advantages are 02:59 — “Know what you don’t know” 04:13 — Moats & competition 06:36 — Consumer knowledge vs business knowledge 09:14 — Stephen’s first true circle of competence stock 14:52 — The “cool company” trap 17:31 — Narrative risk 19:25 — Early wins can make you cocky 21:07 — Why narratives flip fast 26:53 — How to find your circle 35:39 — Walking away from what you don’t understand 36:35 — Real-time circle advantage 38:36 — Where to draw the line Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →AAR48— The Real Cost of Going Electric
3w ago00:41:46Tap to summarizeThinking about buying an EV? In this episode, Evan breaks down the actual financial impact of owning an electric vehicle—using his real numbers from owning a Tesla Model 3 since December 2023. Instead of debating whether EVs are “cool” or “annoying,” this episode stays focused on the money: upfront price differences, tax credits, charging costs, insurance, maintenance, depreciation, and the big unknown everyone worries about—battery replacement. You’ll also hear the practical decision filters Evan would use if he were buying again: how much you drive, whether you can charge at home , what incentives exist in your state, and when an EV simply doesn’t make sense. What You Will Learn Why EVs often cost more upfront How tax credits and discounts can dramatically change the purchase price Evan’s real purchase numbers The true cost per mile: home charging vs supercharging vs gas How much home charging setup can cost Why EV insurance can be higher—and how to avoid getting surprised Where EVs can save you money The real “unknowns”: battery replacement risk, degradation, depreciation Who an EV makes sense for financially Timestamps 00:00 — Upfront cost: EV MSRP vs gas + typical price gap 03:53 — Incentives: federal/state credits and why they change 04:39 — Evan’s purchase numbers 07:05 — Buying too early vs buying when it’s actually sustainable 09:39 — Fuel math: EV vs gas cost per mile + fast-charging caveat 13:06 — Home charging setup 15:20 — Insurance: why it’s higher & how Evan shopped it down 18:15 — Maintenance: oil/brakes/drivetrain + tire wear reality 21:04 — Battery replacement fear, degradation, and what’s changed 22:46 — Depreciation & Evan’s value tracking 25:08 — Charging options: Level 1 vs Level 2 vs Level 3 28:41 — Monthly impact: ~ $90–$100/month savings estimate 30:09 — Financial “whys”: why the Tesla was worth it 32:31 — Who EVs make sense for Resources Mentioned The Value Spotlight Newsletter: https://einvestingforbeginners.com/value-spotlight-newsletter/ Free monthly budgeting spreadsheet: https://einvestingforbeginners.com/budget/ Email Evan: evan@einvestingforbeginners.com Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast! Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate, we’ll see you next time. Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening. Today’s show is sponsored by: Download the Plynk app today to start building your investing confidence. https://plynkinvest.app.link/plynkifb2026 Go to SHOPIFY.COM/beginners to start selling with Shopify today. https://www.shopify.com/beginners Upgrade your wardrobe with Quince to get high-quality, luxury essentials at a fraction of the cost by visiting https://quince.com/beginners Turn your passion into profit, connect directly with eager buyers, and grow your business by hosting live, interactive auctions at https://whatnot.com/sell Supercharge your productivity and automate your daily tasks by building custom AI agents in your all-in-one workspace at https://notion.com/investing Interested in how your company sponsor the show? Reach us at equity@einvestingforbeginners.com SUBSCRIBE TO THE SHOW Apple | Spotify | YouTube | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcribe →