We often get hung up on financial concepts when it comes to investment. But have you thought about how you invest your time? Investing is often considered in monetary terms. However, we have other resources to invest. One of those resources is time. Before you get too hung up on money, think about the way …
As you prepare your investing plan for the new year, don’t forget to direct some of your resources toward improving yourself. It’s common, in December, to start thinking about your investing plan for the new year. Doubtless, the coming year involves looking at low-cost funds or a plan to improve your dividend stock portfolio. Whether …
Investing Plan for the New Year: Put Resources Into Yourself Read More »
The beginning investor might feel overwhelmed at first. Here are three keys to help you stay on track. One of the best ways to build wealth for the future is to start investing. Investing is one of the ways that you can put your money to work for you, improving your situation over the long …
It’s not often that we think of investing for short-term goals like a travel fund. Too often, that money sits in a cash account, earning meager interest. Back in 2015, I was able to make a fresh start with my life. As part of my overhaul, I also changed things up with my finances and …
I love my Health Savings Account. I get the ultimate in tax-advantaged investing. There are three main, unavoidable forces eroding your wealth over time: Taxes Inflation Fees You can’t stop these forces from reducing your real investment returns over time, but you can minimize them. There are ways to reduce your exposure to inflation risk. …
Want Another Tax-Advantaged Investment? Try a Health Savings Account Read More »
You’ll make better investing decisions if you understand your risk tolerance. “Know thyself” is one of the great admonitions of all time. Before you start investing, it’s a good idea to take a look at yourself and understand the level of risk you can handle. Once you understand your risk tolerance, you’ll make better investing …
