I was not at ALL interested in investing until I realized that my money is a vote, and it’s a vote that matters. Making the decision to invest in a particular company is just like making the decision to buy fairtrade coffee or moisturizer that was not tested on animals: I could choose where to vote my money on a much larger scale.
The choice is entirely in my hands: I can either vote for something I support or something I don’t. Obviously, now that I’m aware of it, I want to support something that I believe in and want to grow in the world. But the key is that I have to do so at the right price. Otherwise, it’s just a donation.
When I talk about value investing the Warren Buffett way, I am not only talking about buying a wonderful company that is aligned with my core values. I am also referring to waiting for a company to drop to an on-sale price. I’ll give you a hint: It is EXACTLY like when your favorite dress goes on sale.
In this video, I explain exactly what “value investing” is, and how super simple it is.
The #ASKDanielle video series answers questions from viewers about how to achieve financial freedom. As a full-time investor and co-host of the podcast, InvestED, Danielle Town will be your guide as you take your first steps into the financial world. Her book, Invested is an essential handbook about her yearlong journey learning to invest, as taught by her father, investor and bestselling author Phil Town.