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There comes a time in every young person’s life where they leave the safety and security of their family’s home and venture out into the world by themselves. For most, going away to college provides enough material to fuel late night discussions with siblings and countless embarassing tales afterwards. Taking on the responsibility [...].
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When to invest in the Stock MarketIn the Stockopoly plan there are no commission charges, all stocks are purchased commission free. There is no need for a stockbroker (the tools needed for doing your own research are easily available and the where and how-to's are included in the book); there are no hidden fees, load fees, operating, and management or advertising fees. [More] | Defining a Long-Term Investment in the Stock MarketWith this definite, concrete purpose for investing in mind, a definite, concrete plan would need to be created (and can be found in my book The Stockopoly Plan) to achieve this long-term investment goal. My Mother invested in only one stock and got lucky – a considered plan would diversify. So if I am going to hold a security position forever, what criteria should I be looking for in that security? Certainly dividend income – that's a given! And since I never intend to sell the security, capital gains may not even be an issue (more on this later). [More] | Start Small and Your Wealth Will Get BiggerIf you've got thousands in debt looming over your head, $1,170 may not seem like much, but you have to start somewhere. Starting small and being patiently methodical is better than never starting at all! Plus, every month your level of savings increases until your small start becomes a giant tidal wave of savings. This will help you get out of debt faster and begin building your wealth. When you start saving, even in small amounts, you will have implemented another great wealth creating habit! [More] |
Investing Starts with Taking Stock of Your Financial Situation
Before you invest, make sure you have protected all your risks. Make sure you have the proper insurance for you and your family. This includes health insurance to cover medical bills from unexpected accidents or illnesses.
"Breaking the Habit...Tonight!"
Breaking the Habit…Tonight!
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Two Faces of Gold
With less than two hours left in the trading day, 165 names trading on the New York Stock Exchange have reached new highs, while just 12 have entered new-low territory for the day...(Read More).
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