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 “Track Your Money”
Tag Archives: Savings
Opportunities are on 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 “Opportunities are on Down Days”
Savings Rate Goal
Getting the magic of compounding interest to work for you is the goal of savings. However, it takes time. It is not quick on its own. There are only a couple of ways to speed it up. One is to get a higher interest rate, but that is not something that you can control. Also,Continue reading “Savings Rate Goal”
An Eye Opening Table for Me!
When I was 22 and about to graduate from college I attended a seminar about where to place investment money. A table was shown early in the presentation that I can say literally changed my life. It has been the defining philosophy of my approach to money. The table was made up of five columns. The first column wasContinue reading “An Eye Opening Table for Me!”
Target Date Funds
While I am not personally a fan of Target Dated Funds, they do have a place for people just starting out investing or people who are too busy or lack the interest to follow the market on a regular basis. They are definitely better than doing nothing at all. Target Dated Funds are designed andContinue reading “Target Date Funds”
Buy 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 “Buy On The Down Days”
Save the World One Search at a Time!
I’m always looking for ways that I can be more environmentally conscience. A while back my oldest child told me about Ecosia, a search engine that uses a significant portion of their profits to plant trees around the world. I try to use it as much as possible. I think of it as an easyContinue reading “Save the World One Search at a Time!”
Investment Scam Red Flags
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 “Investment Scam Red Flags”
Earnings Per Share (EPS)
When you are new to investing or trying to do a quick evaluation of a stock that you are not really familiar with looking at the companies Earnings per Share (EPS) is good to review. Bluntly, it will tell you right away if the company is making money or not. Investopedia defines EPS as theContinue reading “Earnings Per Share (EPS)”
When to Build Cash!
As a small retail investor it is important to take a patient and disciplined approach to your money. You have to attempt to maximize your ability to buy low and sell high. In this spirit you have to watch out for getting caught up in market momentum. It truly is a lot of fun toContinue reading “When to Build Cash!”
Patient and Disciplined Saving 