Mabelle Suriel Nuñez is a stock analyst and business owner. She is the founder and CEO of Girls on The Money, a stock market education company for women. Her educational background includes a bachelor of science degree in business administration and an MBA in finance. After spending almost a decade in corporate America, she decided to make a scary yet incredible change in her life last year to finally pursue one of her huge passions: teaching women about investing and finance. During her free time she enjoys reading personal development books, spending time with family and close friends, and planning the future of her business and her life.
Mabelle’s money story:
- She came to NYC from the Dominican Republic at a young age.
- Mabelle’s father was a business owner and taught her to conserve money and avoid debt. As a result, Mabelle was more money-savvy than her peers even from a young age.
- She discovered business and finance her junior of college, but her formal education taught her very little about investing.
- Investing started for her when she met a co-worker who introduced her to investing in individual stocks
What You’ll Learn in This Episode:
- Why it’s best to start investing as soon as possible, no matter how much money you have
- How to start investing even when you don’t know about picking stocks
- Simple litmus tests to determine if a company’s stock would be a good investment
- Why all the “deep” stock ratios and analysis are not “imperative” to choose a good stock
- Why you should enroll in DRIPs to maximize your dividend payouts
- What you should do when you don’t have money to invest
- The difference between a “trader” and an “investor”
- How to not “freak out” when the market fluctuates
- Why you should invest outside of your employer retirement plans
- Why you should consider investing in index funds
- There are two sides to every product: the consumer and the entity making money from consumer purchases.
- If you can afford a company’s product, you can afford the company’s stock.
- You don’t need a finance degree or MBA to start investing.
- Look at “dividend aristocrats”- companies that have been distributing dividends to investors for 25 years or more.
- Put away money every month that is earmarked for investing. This should be money you will not need for at least 3-5 years.
- Use your non-retirement investments to finance dreams like going back to school, start a business or invest in real-estate.
Favorite Principles of Increase
- You are the average of the people you associate with. Check to see if the people you associate with have values, goals and lifestyles that align with yours.
Check Mabelle Out:
- Girls on the Money Website
- GOTM FaceBook Group
- GOTM Investing Boot-camp (Space is limited, opens January 25th)
- Sign up for the GOTM newsletter here
- Pre-order her new eBook- Stock Market Investing Mini Lessons For Beginners: A starter guide for beginner investors
Ready to Start Investing?
Want to learn more about investing on your own? Open a brokerage account TODAY on my favorite trading platform, TradeKing.com (free to open) and nab your DIY investing guide below: