As a small investor you should always be focused on the long-term. You should work on developing your patience and discipline so that you are not panicking at every bit of bad news that comes out and therefore making emotional decisions that are probably going to hurt you more than help you. Rather, trust thatContinue reading “Keep An Eye On Your Investments”
Tag Archives: Savings
Watch Out For Scams!
A comfortable retirement in our later years starts with investment money in our current years. Watching money grow as it compounds is awesome but it is not a quick process. It is in our nature to want to speed that process along. However, scammers and frauds count on these feelings of impatience to try toContinue reading “Watch Out For Scams!”
Buying Opportunities Are On The Down Days!
Buy low and sell high! Easy to say and really really hard to actually do. We love to watch our investments go up and hate to see them go down. It is well documented that people often do the exact opposite of what they should do when it comes to buying and selling stocks. TheyContinue reading “Buying Opportunities Are On The Down Days!”
A Good Financial Literacy Book For Teens!
I’ve recently come across a good financial book for teens titled, A Teenager’s Path To Becoming A Millionaire, by Dennis Goode. It is simple, clear, and less than 100 pages. I like that it gets right to the point about the important financial concepts that young people need to know. The heavy emphasis on startingContinue reading “A Good Financial Literacy Book For Teens!”
Your Money Needs to Last Longer!
The average lifespan for all people has been going up. This is due to better technology and huge advancements in health care. Despite the blip downward caused by the Covid pandemic, we are all living longer. That is great news! However, it comes with its own challenges. A big challenge is not having enough moneyContinue reading “Your Money Needs to Last Longer!”
Dividends
All small investors should be familiar with dividends. I will actually also go out on a limb and say that small investors should love stocks with dividends. A dividend is a distribution of a portion of a company’s earnings to its shareholders. The amount is determined by the company’s board of directors. Companies that payContinue reading “Dividends”
How to Think About A Purchase
I just watched a video on Youtube from the Erin Talks Money channel that I wanted to highlight. She brought up an alternative way that new investors should think about purchases. Overall, it is about focusing on the potential tradeoff between a purchase made today versus what that money, if invested instead, could turn intoContinue reading “How to Think About A Purchase”
Keep Track of Your Money!
A boss of mine years ago explained to me that if you want to effect change in some way the most powerful way to do that is to track whatever it is. That is an incredibly powerful idea and I wholeheartedly believe in it. I attempt to use it in many aspects of my lifeContinue reading “Keep Track of Your Money!”
Always Keep an Eye on Your Investments!
As a small investor you should always be focused on the long-term. You should work on developing your patience and discipline so that you are not panicking at every bit of bad news that comes out and therefore making emotional decisions that are probably going to hurt you more than help you. Rather, trust thatContinue reading “Always Keep an Eye on Your Investments!”
Standard and Poor’s 500
The Standard and Poor’s 500, or as it is more commonly referred to S&P 500, is a stock market index that tracks the performance of 500 of the largest companies listed on stock exchanges in the United States. It is one of the most followed indices and accounts for approximately 80% of the total marketContinue reading “Standard and Poor’s 500”
Patient and Disciplined Saving 