Have you ever been scared to start investing?
Well, I know I have. I wasn't sure what investing was really about until I started my journey to get out of debt. My first investment experience was with Betterment and that was six years ago.
Since then, I have opened accounts at other brokerages, realized what I was doing, and have worked hard to invest for retirement and enjoying my later years. If you know anything about compound interest, then you know investing early is the best option. It's hard to catch up from lost years, that's for sure.
Here are some posts to help you understand investing a little more and to get you on the right track.
It's never too late to start investing, so jump in and get your financial future in order.
Most investors only look at the potential upside when they buy new investments. What you might not consider is investment fees you pay to buy or sell an individual stock or ETF. If you make several trades a month, those fees accumulate quickly and reduce your long-term profit potential. Thankfully, these free investing apps let […]Read More
Real estate investing has been a favorite way to make wealth for millennia and turn ordinary people into millionaires. You might think that the only way to invest in real estate is to become a landlord or flip houses, or at least I did. And if you’re like me, you don’t have the time or […]Read More
Have you heard about the magic penny before? What about turning one little penny into over $10 million? No? Well, before we go on to talk about this magical penny, let me ask you a simple question and I want you to answer it honestly. Would you rather have $1 million or one penny doubled […]Read More
The new year is here and I’m sure you’re ready to get started on your resolutions. Typically people are focusing on their weight, especially after two holidays of eating good food. I know I could lose a few pounds after this holiday break. More importantly, some are focusing their goals on their finances and I […]Read More
If you are even halfway serious about trying to get out of debt or simply want to spend $100 less a month, one of the first steps you need to take is monitoring your monthly spending. Before you think that the only way to track how much you spend is to pay for a monthly […]Read More
How did your money do when the 2007 -2008 recession hit? It wasn’t good for a lot of people. Many had to declare bankruptcy or make very tough financial decisions just to stay afloat. It’s not a matter of if a financial recession will strike, it’s when it will happen. While nobody can accurately predict […]Read More
Not everyone has the money to start investing, or so they think. Did you know you can invest with just a few dollars each month or even just spare change? Do you want to build a small nest egg by investing a few dollars at a time? Then you should consider one of these micro-investing […]Read More
You have finally reached the light at the end of the tunnel! It’s time to retire and enjoy the fruits of your labor. As you near retirement, there is another batch of money mistakes to avoid so you can afford to remain retired. By using your experience from your working years, you should be able […]Read More
Five years ago, we were able to pay off the last of our credit card debt. I can’t believe it’s been 5 years since that last payment was sent and we were credit card debt free! Really, time has been flying by. We’ve done a lot of stuff since breaking the chains of debt, and I’m […]Read More