Do you feel hesitant to put more of your money in the market because it feels like a gamble? Even seasoned investors can get nervous about investing their hard-earned money because all investments come with risk. And for most people, the thought of losing the money you worked hard to earn is far more painful
As an adult, financial advisors and those that have gone before you have no doubt emphasized the importance of investing your money. After all, in terms of your financial goals, your children’s, and your future, sufficiently putting your income towards investments can equate to an all-around better future. Of course, as any financially-aware individual knows,
In business, we sometimes have this chicken or egg situation where it takes money to make money. More specifically, every small business needs to make investments in order to keep growing. This requires putting money down in hopes of a return. While there are several ways to get funding, many small business owners are bootstrapping.
When it comes to investing, it seems as if men traditionally have run the show. When men worked and more women stayed home to take care of the family, it was the husband’s salary that went into savings, his pension and/or his 401(k), and his Social Security benefits that they would largely rely on someday.
The best investment strategies are fairly easy to maintain. Once you’ve figured out how much to save, which accounts to use, and what your asset allocation should be, it’s primarily a matter of choosing a few low-cost index funds to implement your plan and letting it ride. For the most part, you should be ignoring
How would you describe your personality? Adventurous? Shy? Studious? Did you know that you have an investing personality, too? It turns out that when it comes to managing our portfolios, we tend to fall into one of four behavioral types–although there’s usually a little overlap among them. Each type comes with its own set of