After starting to Pay Yourself First, cash starts to accumulate. That is when we Put Our Money to Work (our rule for early retirement #2), but to do so, we must pick both an investment and an account type. However, trying to cover both in one blog takes too long, so for today, we’ll focus […]
Basic Investing: Risk Alignment
There are rules of thumb for long term investing, but they don’t always fit personal circumstances. How do you know what is right for you?
Basic Investing: Risk and Return
In a previous blog, we covered different types of investments, but this time let’s talk about Risk versus Return. Risk is the range of uncertainty of gain for an investment combined the likely percentage of the investment you could lose should the investment go bad. Return is the amount of gain one receives for their […]
Basic Investing: Growth and Income Investments Defined
We all want to make money. Some of us want it for shopping, some of us want it to create a secure retirement, but regardless of why we want money, a key factor in amassing wealth is making your money work for you with investments! We can generally categorize opportunities to put money to work […]