Posted at 4:59 pm , on October 29, 2018
Stock investing continues to be a popular option for retail investors to build their wealth, or plan for retirement. However, the risks behind investing continue to be inherent and market volatility is always ever present. How do experienced stock investors counter this? One crucial element to their success is the ability to choose a good stock and know when to buy it.
Posted at 12:25 pm , on October 23, 2018
One of the wealthiest person in the planet, Warren Buffett, does not live an opulent lifestyle. His Omaha, Nebraska, home is worth $652,619—he bought it for $31,500 in 1958—and 99% of his wealth is channeled into philanthropic interests. He basically defined “smart spending” by not spending his fortune on unnecessary luxuries.
Posted at 10:22 am , on September 28, 2018
If you have money to invest but is relatively new to the investment world, seeking out a fund manager is a good idea. However, it’s difficult to ascertain whether it’s safe to entrust your money to someone you barely know. Even if the person is recommended by a peer, there’s no proof of competence until the fund manager actually delivers.
Posted at 5:11 pm , on September 26, 2018
It has been recommended numerous times by successful investors that, if we want to become wealthier, we need to take risk. Either that or winning the lottery, marrying someone rich or being lucky enough to inherit a large sum – which would probably have arisen as a result of a successful investment strategy with exposure to market risk.
Posted at 10:41 am , on September 25, 2018
Investing without an investment plan is like driving in a strange city with no maps of GPS. As other drivers zip pas onto their destinations, you’re left behind with no idea how to get where you want to be. “Nothing is worse than reaching a certain age and realising you’re below where you’d hoped you’d be (financially), says Kevin Cooper, head of investment research at AMG Funds. That often comes back to not having an investment strategy.
Posted at 12:14 pm , on September 6, 2018
When it comes to your finances, inflation can be a silent wealth killer.
Posted at 4:49 pm , on August 28, 2018
When considering an investment, you have probably heard the expression “Don’t put all your eggs in one basket.” Yes, we’ve heard it over and over. If you want to make money and avoid big losses, you have to diversify.
Posted at 1:02 pm , on August 27, 2018
So you’ve decided to invest in the stock market. Congratulations! Historically, investing in stocks has handily outperformed investing in bonds, gold or cash over the long-term. In the short-term, one or several other assets may outperform stocks, but overall, stocks have historically been the winning path.
Posted at 11:55 am , on August 21, 2018
There are two broad approaches to investing: active and passive. Both aim to make money but how do they differ?