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.
“Playing the stock market” is a popular term for buying and selling stocks, but trading on the stock exchange isn’t a game; there are risks involved. When you buy stock in a company, you are then one of the owners of the company along with all the other shareholders. Although stock trading has always had risks, and always will, you shouldn’t think of investing your money in a business without knowing the financial picture of that business: past performance, current earnings, and projected future earnings.Read More
If there is one thing that we have learned over the last several years, it is that there is no such thing – almost – as a guaranteed investment. While the Dow Jones Industrial Average may be up over 22% since the beginning of 2013, we have just come out of a number of years of unprecedented volatility, with major banking stocks and even such perennial blue-chip favorites as General Motors going to the wall. Obviously, the goal of most investors is to maximize the value of their portfolio, but there is no upside in taking excessive risks.Read More
As most of you know, I am what you call an amateur investor. I have only been investing for a few short years, which puts me behind the investing curve. I opened up my 401(k) when I started working at my current job. Though I had the 401(k), I didn’t really put much money into it each month. I did this because I was in heavy with my debt. I focused my attention on paying down the money that I owed. Now, I want to know how you manage your investments.Read More
There should be no surprise now that our government is dysfunctional. It doesn’t matter which party you relate to, because anyone with common sense can see that we have a serious problem with our elected leaders. If you want to really know how I feel about the subject, you can read my previous post about how the government needs to grow up. This post is going to be a little different. I want to talk about how these government issues are affecting my investment decisions and how it might be affecting yours.Read More
I was looking around for some investment tips the other day and I came across this infographic. Being a visual learner, I love them and they really help me get a grasp on something that I want to learn more about. Since I am relatively new to investing, I have been trying to learn more about different types of investment vehicles along with good strategy. I think it is always a good bet to educate yourself when you are about to jump into anything, especially if you have the chance to lose money. I hope you find this graphic enlighteningRead More
As a novice investor, I have had to look to someone to provide me with great advice on how to jump start my investment portfolio. I decided to look to the best and brightest investor that we all know of, Warren Buffett. I don’t think I need to introduce him because I am sure you all know who I am talking about. I think the financial advice that Warren Buffett provides is close to some of the best that you can get. He is a super successful investor that continues to build his wealth each and every year. This man knows what he is doing when it comes to money. Anytime I can get some of his financial wisdom nuggets, I surely jump on it. The only way to grow my investment portfolio is to learn from the best. I don’t think I will ever get the chance to meet him, but you never know. Maybe Mr. Buffett reads Debt RoundUp, just maybe…..Read More
The rising cost of education compels an increasing number of people to end up with debt in the form of student loans. Often, debt is not restricted to student loans but can include additional debts in the form of credit card dues, personal loans, mortgages, etc. The problems are compounded due to the increasing costs of daily living. Once a person starts earning, the question that arises is whether spare funds should be used to pay off these loans or used for investments. It is very obvious, that the loans other than the student loan must be repaid as they come at a very high cost.Read More