Topic of the week is investing. Nervous? Don’t be. Barring experts in the field, I’d venture to say that ‘investing’ is kind of a fuzzy topic for the majority of us. What do I mean by ‘fuzzy’? Unclear, undefined and confusing. Overwhelming. You know, fuzzy.
Paying off a debt with regularity, or adding to a savings account – those are things that seem to have a fairly clear action/result trajectory. But there’s just something about investing that seems downright scary. Whether it’s the uncertainty or the risk involved, if you’re feeling a little bit iffy about investing one of the first steps in gaining authority over a topic is to first define it. Or in following with my favorite term, de-fuzz it.
As a beginning investor myself, I’m excited to share some recent reads that feature well-organized and helpful info on the basics of investing:
Why Do People Invest In Stocks or Anything Else? - Cash Cow Couple Wondering why you might start investing to begin with? Check out this great post by Jacob of Cash Cow Couple!
The Real Risk Of Investing In The Stock Market – Mom and Dad Money There’s definite risk involved when investing – but understanding your ‘personal risk tolerance’ can help you to lay out the boundaries to your investing plan. Matt from Mom and Dad Money breaks it down in this helpful post.
Active vs. Passive Investing: Which Is Right For You? – Money Zen With thoughtfulness and easy to understand terms, Money Zen looks at two investing techniques and offers tips on how to choose which one might be best for you.
Should Kiplinger’s “Favorite Funds” Be Your Choices? – Wife.org Favorite isn’t synonymous with best. Wife.org lays out the Kiplinger’s ‘Favorite Funds’ and looks at the advantages and disadvantages you might encounter should you choose them.
How To Handle Losing Money In The Markets – The Broke And Beautiful Life If you do invest, there’s the possibility that you’ll experience negative returns on your investment. Troy from thefinancialeconomist.com shares techniques and wisdom on how to handle such a reality via his guest post on The Broke And Beautiful Life.
Before you enjoy the rest of your Friday, check out our guest posts…
…and the sites mentioning ReadyForZero!
Thanks for stopping by – see you next week!
Check out our new course
Need an extra hand as you embark on your debt payoff journey? Join ReadyForZero Community Builder, Shannon McNay, for a one-on-one six week course that will empower, motivate, and educate you. Next stop: debt freedom!