You have to get started somewhere!
Investing has a language of its own, but you don’t need to be a linguist to talk smartly about money. Here are a few terms you’ll need to know.
- Stocks, bonds and mutual funds
- Indexes and benchmarks
- Growth, value and other strategies
Investing doesn’t have to be complicated. Here are the common sense ideas that investing is built around.
- Why not keep my money in the bank?
- Why should I invest in mutual funds?
- Does it matter what type of mutual fund I invest in?
- How do I make money?
- What advice do you have for a first-time investor?
- Why bother saving for the future now?
Let’s cut to the chase: What do I need to know to do this right? Here are some tips and best practices when it comes to saving and investing. They aren’t necessarily right for everyone, but they are a good starting point for your financial journey.
- Where do I find the money for investing?
- How can I use mutual funds to meet my goals?
- What is the most important goal to save for first?
- Should I put money into my company’s 401(k)/403(b) retirement plans?
- Should I wait for a market drop to invest in a mutual fund?
- Once I invest, what should I do next?
- What can I do to make investing simpler?
Risk is an unavoidable part of investing, and there are costs involved in getting professional investing help. Understanding your costs and knowing how to plan for risk are critical steps in your investing journey.
- What can I do to reduce or avoid risk?
- Isn’t it safer not to invest at all?
- What should I do when the market drops?
- What’s this going to cost me?
- Will I have to pay taxes?