Rule #1 Finance Blog
With Investor Phil Town
Figuring out how to invest money can be a real challenge.
And I’m sure you’ll agree with me when I say there’s certainly no shortage of information on investing available in the digital age.
However, too much information can be overwhelming. Right?
That’s why I have put together this post to give you everything you need to know in one place. I’ve structured the information in a way that is comprehensive, yet not overly complicated.
So, if you’re a beginner who wants to start investing money in order to reach your financial goals, this is for you.
You’ll walk away with a solid grasp of investing. Plus I’ll share what are the best investments right now for you.
The stock market is the best wealth creator in the entire world, yet remains a confusing concept for a lot of people. In fact, most people don’t know the stock market basics.
When it comes to investing, many people wonder where to start. It’s difficult to pick a single starting point with so many investment terms to learn and strategies out there.
That’s why I’m here. To help you get started and launch your investing practice. The best time to start is now.
Today, we’ll cover the basics such as what the stock market is, how the stock market works, and how to invest in the stock market for beginners.
When you understand the stock market basics, you will be able to enter the market with the knowledge you need to create incredible wealth.
Let’s get started.
How stock prices are determined can be a bit ambiguous to anyone not on the trading floor. As investors, though, it’s important to know why a stock is priced at what it is, and why it changes.
So, I’m here to clear up the confusion. By the end of this, you will not only know how stock prices are determined but also how to pick stocks to buy and when to do so based on their price.
There’s one key thing I hope you get out of this: The price of a company’s stock does not always equal its value.
Alright, the class is in session. Let’s begin.
What is a stock split and what does it mean for you?
Stock splits happen from time to time, so it’s important for us as investors to understand what they mean and how they might impact our investing decisions.
Consider this a crash course to stock splits. Let’s begin.
Setting budgets and milestones are great, but these efforts are futile if you don’t create an actual investment plan to help you stay on track. It’s one of the most critical steps to meeting your long-term financial goals.
Warren Buffett once said that “An idiot with a plan can beat a genius without a plan,” and this is especially true in investing.
That’s why today, I want to cover how to create an investment plan in 5 simple steps, so you can kickstart your journey and set yourself up for a financially secure future.
So, let’s get started.
Getting started investing when you’re a beginner can be plenty intimidating at first.
The learning curve combined with the fact that you are putting your own money at risk is often enough to scare many average people away from one of the safest ways to financial freedom.
Investing in stocks is one of the best things you can do to set yourself up financially, but you have to first understand how to invest in stocks in order to actually make money.
The stock market can be incredibly confusing to the uninitiated, and for many would-be investors, that confusion is enough to scare them away from investing. But, the benefits of investing far outweigh the time and effort it takes to learn how to invest in stocks. And, with the right information available, the stock market need not be confusing at all.
Robo-advisors are one of the hottest topics in the financial advising business right now.
People are beginning to warm up to the idea of having a computer algorithm manage their money in place of a financial advisor.
And there are tons of different options out there like Robinhood and Betterment that are becoming increasingly popular – but will these services actually help you make smart investing decisions?
Let’s break down how robo-advisors work to determine if it’s the best way to manage your financial portfolio.
If you’re doing it right, investing in the stock market is much more than picking a few companies, buying a few shares, and hoping for the best.
Smart investors are those that are disciplined and have an investing strategy in place to help guide them as they go along with their investment choices.
Today, I am going to go over five of the most common investing strategies and how to pick the right one for you. After this quick read, you’ll be on your way to growing your wealth and achieving financial freedom.
One question that always seems to come up in investing circles every four years is the relationship between an election year and the stock market.
Regardless of who is running, election years can have a big impact on the market’s performance – and given that this year’s election is taking place in the midst of a global pandemic, this is all the more true.
Below, we’ll cover everything you need to know about how to invest during election years in order to help you navigate these tricky times.