Sep 24, 2021

NGPF Podcast: High Schooler Jakob Diepenbrock on Starting the Young Investors Network

 

Details: 

  • 0:00~1:02 Introduction
  • 1:02~2:03 Jakob’s background
  • 2:03~3:21 Early money lessons and interest in personal finance
  • 3:21~4:22 First-ever stock investment
  • 4:22~5:58 Favorite investing books
  • 5:58~7:16 Tik Tok, Wall Street Bets, and StockTwits
  • 7:16~9:10 Opinion on index funds
  • 9:10~11:24 On the Young Investors Network
  • 11:24~14:12 Young adults starting to invest on Robinhood
  • 14:12~15:50 Access to personal finance education at Jakob’s school
  • 15:50~17:19 Three most important things to think about when starting to invest
  • 17:19~21:04 How Jakob evaluates companies
  • 21:04~24:10 Aspirations to major in Finance and Computer Science
  • 24:10~25:13 Conclusion

Resources:

Quote:

  • “[When I started up the Young Investors Network] I originally was thinking that there aren’t many student-run organizations of investors. They were mostly run by people who already work in the industry. I think it’s cool to have a network of like-minded [young] people with similar interests.”

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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