Posts Tagged ‘stock market’
Steps To Take With Your Money When Chaos Abounds
There were a number of reasons I felt compelled to start this blog nearly 2 years ago, and one of them was to help increase financial literacy for DVM’s before there was any sort of market downturn. Taking action on your money is easier to accomplish when the economy is doing well and individuals have…
Read MoreInvesting Wisely after Debt Payoff
Here is a great question that I received from a reader: “How do I invest wisely after we pay off our debt?” Some people would go straight to a financial advisor and ask their advice about investing. As I’ve explained in multiple posts, if you don’t know the basics of how the financial industry works…
Read MorePay Off Debt Or Invest? The 9 Step Priority List
Should I pay down debt or invest? If you happened to win the Mega Millions, then the answer would be pretty easy. The first thing people typically want to do is to pay off all debt. Then in no particular order, they spend, donate, and invest. But of course, we are not Mega Millions lottery…
Read MoreInvesting: Asset Allocation
You have decided to take the plunge and start investing. You’ve gotten over your fears about investing, realizing that if you want your money to grow, you’re going to have to take on some extra risk and invest your money. You’ve learned about stock market history and learned that it’s inherently volatile (so don’t be…
Read MoreActive Versus Passive Investing: Which Style Is Right For You?
After understanding why investments can be scary, hopefully you’ll come to the conclusion that you are comfortable with the concept of investing. I’ll go over two types of strategies related to investing in the stock and bond markets: active and passive. There are people that are very passionate about one strategy versus the other, and…
Read MoreInvesting- Why is it so scary? Part 2
In Part 1, I discussed the “why” behind investing and addressed some of the fears that come with investing. I will continue this discussion by going into the basics of the stock market. “WHAT’S A STOCK?” Here is a conversation I overheard recently: Boy 1: What would you do with a million dollars? Boy 2:…
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