A Personal finance blog to get rich
Investment can be one of the best financial decisions you can make — or one of the worst. While the basic principle of trading stocks is not difficult to understand, you’ll need to spend some time developing your instincts so that you know when to take the critical steps, like selling shares of Apple or buying into a startup.
Today, let’s look at some of the equations you can use to develop accurate instincts, especially when considering your stocks and their value to you.
Investing is remarkably easy these days, and you don’t need to work on Wall Street to buy stocks and shares or play the forex markets. Thanks to online trading platforms, anyone can become an armchair investor, but there are many pitfalls to be aware of. There are common mistakes beginner investors make.
Beginner investors are often sucked in by wild claims of huge profits for very little effort. But for every Instagram influencer showing off his Maserati and piles of cash, there are thousands of people who lost their pants when they misunderstood the power of leverage.
When people start thinking about where and how to invest their money, they come up with various ideas. Some of these ideas include real estate investments, investing in start-up businesses, and so many others. However, some people are aware that investing in precious metals, like silver or gold, can be an excellent opportunity in the long run.
In case you’re considering investing in precious metals, you must know several key things, including where and how you’ll spend, as well as how much knowledge you need for this type of investment.
Have you noticed the irrationality in the stock market lately? 13% unemployment rate, negative GDP growth projections for the year, still the market has recovered all of the March/April losses! The famous saying goes “Markets can stay irrational longer than you can stay solvent”.
With the volatility plaguing the stock market in this time of crises you may be looking for safer harbors to invest your money. If this is the case a money market account may be just the thing you are looking for. This type of investment will give you added security at the time you need it most.
Hope you haven’t frowned seeing the title. Many invest in stocks out of compulsion or impulses. This article is for those. I generally tend to write about people who are like me, middle class, having some money to enjoy life but, mostly trying hard to maximize money’s worth.
People like us, do not usually have money for buying stocks on impulse. Still, it almost happened to me last week. I was on the verge of buying into Facebook on an opening day.
In the end, I did resist myself against buying Facebook stock. Not that Facebook is a bad investment but, the whole affair was nothing else than impulse buying. I didn’t study the valuation, I wasn’t reading analyst reports. I was just buying it, for the sake of it. Giving in to the hype and hoopla.
My retirement portfolio consists of stocks and bonds, primarily because my employer 401k doesn’t have any other option other than those. My IRA account has some investment in GLD (SPDR gold ETF). Later in this post, find the image with the last three years’ performance of this ETF. Gold and silver during recession perform better.
Better than any stocks in my IRA portfolio. As the recession fear grows, this ETF and similar ones would tend to perform even better. People do buy bullion more during or approaching a recession.
When most people think of home improvements, all they can focus on is the money that it will take to make the necessary upgrades. Well, what if you were spending money now to save more in the future? Believe it or not, there are a number of home renovation projects that can actually help you to save quite a bit of money. If you are curious to learn about what these are, here are your top options
If you’re planning to sell your house, either now or in the future, it’s a good idea to invest in things that can increase the value of your home. These investments don’t need to be major because small investments done tastefully and thoughtfully can raise your home value.
When you have some leftover money after maxing out your 401k and IRA’s. You should look for alternate ways to invest and grow. Dividend investing is a powerful way to grow your wealth completely passively. in the longer term, historically, dividend stocks outperformed the real estate investments. Today we will discuss some of the basics of dividend investing
When it comes to investing, everyone has their own strategy. Some are seeking big gains, others are looking for steady supplemental income. Every investing strategy has different risks and rewards. Those looking for a low-risk strategy should look no further than dividend investing. It is easy to understand, and simple to execute.
If you are planning for a better retirement, you actually have more instruments to use right now. You can develop your own investment portfolio and generate passive revenue from the investments you make. You also have the option to invest in real estate and mutual funds, particularly for the long-term gains they offer.
One thing you also want to use when doing retirement planning is the Individual Retirement Account or IRA. It gives you the ability to earn tax-deferred growth on up to $5,000 per year. You also have the option to switch to a gold IRA. What is the difference between the two? Should you get a gold IRA? We are going to answer these questions in this article.
Have you ever come across someone who is not familiar with the stock market at all? I mean, not knowing it as a viable investment option. I met someone at work recently who knew all about CD and savings accounts, but not the stock market. He didn’t have a retirement savings plan and never bought a mutual fund or an index fund.
I am going to write about some very basic topics of stock investing, like what kind of market is a stock market and why it’s a very good investment option for the long term.
