“What Should I Invest In?”
How to understand your investments and get an idea of what to invest in.
How to understand your investments and get an idea of what to invest in.
A quick google search, “time v money” turned up 6.3 BILLION results. Obviously, I’m not the only one thinking about this topic. In fact, it looks like billions of individuals are dealing with these same quandries.
I’ve been investing for a long time. And, I’m somewhat of a student of finance and Modern Portfolio Theory. This unscientific exercise reminded me of an historical fact; over long periods of time stocks go up. In the aggregate, patience and time in the market is rewarded. I’m not sure if I would have been better off holding the original portfolio or not, but I’m pleased that our stock holdings have risen these past two years, in spite of the recent downturn.
“Never spend your money before you have earned it.” Thomas Jefferson Follow Jefferson’s advice, add in a bit of saving, and you are on the right path. Watch the video, consider the tips, pass them along to your friends, and help them become money smart!
With the preponderance of economic news on television, on line, and in print, you are well served to separate the wheat from the chaff and spend your precious time on the news that has personal value.
“It’s learning how to negotiate to keep both sides happy – whether it’s for a multi-million dollar contract or just which show to watch on TV, that determines the quality and enjoyment of our lives.” Leigh Steinberg
While writing this article I received another call from the mortgage broker. Oops, they need one more piece of information.
She repeatedly asks herself, “Do I really need it?” Well, of course she doesn’t need it, but there is no logical reason not to treat herself to the jewelry. Unfortunately, even after making the plunge and purchasing the beautiful bracelet, she continues to be racked with guilt and worries that she spent too much.
The more people you know, meet, and contact, the more likely it is that you will run into someone with a job lead or suggestion. Here’s how to bulk up the number of contacts in your circle.
Pick a cheap school. Not the most fun suggestion, I know, but your selection of college or university is the single biggest factor in the cost of your education and it is under your control. Think about state schools, scholarship offers, financial aid packages and more.