In this episode of DIY Money, we explore a deceptively simple question: why does the stock market close? From the real reasons behind trading hours to how markets have evolved from the Buttonwood Tree to crypto tokens, we break down the systems that keep Wall Street running — and why closing time still matters in a 24/7 world.
Here’s what you’ll learn 👇
🕰️ Why the stock market doesn’t stay open 24/7 — even though it technically could
🌍 How global news and international markets affect trading while you sleep
🧾 A brief history of how stock markets started — from ships and trees to mutual funds and ETFs
💻 Why mutual funds require the market to close to accurately update your balance
🪙 A look ahead: will companies tokenize ownership and ditch the traditional IPO?
Whether you’re curious about extended hours or how your 401(k) really works behind the scenes, this is a must-listen episode for anyone serious about understanding personal finance today.
And remember, the secret to wealth is pretty simple: live on less than you make, invest the rest, and do so for a very long time. Make it a great one!
📬 Have a question? Send it in to [email protected] for a chance at a $25 Amazon gift card!
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DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing
Quint Tatro, Daniel Czulno, CFP®, Logan Gilland, CFP®, and Allie Howard take a passionate look at everything money, including budgeting, savings, investing, stocks, bonds, debt, and more. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, and BiggerPockets, it’s worth a listen!
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⏱️ Timestamps:
00:00 Introduction and Welcome
01:07 Listener Question: Electronic Trading
05:15 Historical Context of Stock Markets
09:54 Evolution of Indices and Mutual Funds
15:00 Future of Trading and Tokenization
16:55 Conclusion and Final Thoughts
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📝 Disclosures:
*This show is for entertainment and educational purposes only, and is not intended as personal financial advice. Before making any financial decisions, please do your homework and consult a financial advisor as needed.