It may take some time and effort to learn how to invest successfully, but it can be done without too much sweat if you have a plan.
Here are some ideas to make the learning experience easier for you.
Just between you and me, formal education in business is not the key to learning how to invest.
It just makes the learning process easier because you've been introduced to financial terms and concepts in accounting, economics, and business in general.
I had an MBA (Masters in Business Administration) at age 25, and knew virtually nothing about the real world of investments and investing when I hit the street looking for a job.
Start by concentrating on INVESTMENT basics and basic financial terms and concepts.
For example, if you don't understand terms like EARNINGS, YIELD, INFLATION and RETURN, you can't get a real handle on stocks and bonds.
Then get familiar with investment characteristics like LIQUIDITY, GROWTH, and RISK so you can compare various investments and determine which are most appropriate for you.
Learn the basics about stocks and bonds, and get a handle on the money market and other or "alternative" investments.
Now you should easily be able to get your arms around mutual funds and function as a literate investor.
These investor-friendly investment packages invest in stocks, bonds, money market securities, and other investments for you ...
and deal with all of the details.
You don't necessarily need to learn how to pick stocks or analyze bonds.
You can be a successful investor if you just learn how to pick mutual funds that fit your requirements for growth, income, liquidity and safety.
Now you are ready to concentrate on the art of INVESTING, to manage your portfolio of mutual funds and/or other investments.
ASSET ALLOCATION and PORTFOLIO BALANCE are the keys to your long term success as an investor! For example, what percent of your investment assets should be invested in stocks or stock funds vs.
bond funds vs.
money market funds? It will all fall in line for you if you start by learning the basics first.
In other words, you can't start on page 47 of a 300-page novel without feeling clueless as to what the plot of the whole thing is.
That's why I spent three years writing an investor guide for folks who feel clueless about investing.
Here are some ideas to make the learning experience easier for you.
Just between you and me, formal education in business is not the key to learning how to invest.
It just makes the learning process easier because you've been introduced to financial terms and concepts in accounting, economics, and business in general.
I had an MBA (Masters in Business Administration) at age 25, and knew virtually nothing about the real world of investments and investing when I hit the street looking for a job.
Start by concentrating on INVESTMENT basics and basic financial terms and concepts.
For example, if you don't understand terms like EARNINGS, YIELD, INFLATION and RETURN, you can't get a real handle on stocks and bonds.
Then get familiar with investment characteristics like LIQUIDITY, GROWTH, and RISK so you can compare various investments and determine which are most appropriate for you.
Learn the basics about stocks and bonds, and get a handle on the money market and other or "alternative" investments.
Now you should easily be able to get your arms around mutual funds and function as a literate investor.
These investor-friendly investment packages invest in stocks, bonds, money market securities, and other investments for you ...
and deal with all of the details.
You don't necessarily need to learn how to pick stocks or analyze bonds.
You can be a successful investor if you just learn how to pick mutual funds that fit your requirements for growth, income, liquidity and safety.
Now you are ready to concentrate on the art of INVESTING, to manage your portfolio of mutual funds and/or other investments.
ASSET ALLOCATION and PORTFOLIO BALANCE are the keys to your long term success as an investor! For example, what percent of your investment assets should be invested in stocks or stock funds vs.
bond funds vs.
money market funds? It will all fall in line for you if you start by learning the basics first.
In other words, you can't start on page 47 of a 300-page novel without feeling clueless as to what the plot of the whole thing is.
That's why I spent three years writing an investor guide for folks who feel clueless about investing.