ARE YOU READY TO BECOME AN INVESTOR? So who is an investor? Can anyone be one?

Started by KeenanCannon, Oct 13, 2022, 04:53 PM

Previous topic - Next topic

KeenanCannon

The truth is, we are all investors. When we hear the word investor we immediately think of Wall Street, nice cars, lots of cash. Sure, that's just one type of investor, but so is the owner of your favorite Armenian bakery. An investor is a family saving for their kid's college, or a college student surviving on the dollar menu. We are all investors because we manage and spend money in hopes of receiving something in return.

An Investment is a commitment of money or other resource in which you think you will reap future benefits.
*Perhaps you invest better oil in your car? What's the benefit?
*You invest more time in your studies? What's the benefit?

What kind of investments are out there?
You have to start somewhere. At the early stages of the investing process, an important question needs to answered. Can I afford to invest?

The money you use for investing can come from anywhere- a savings account, birthday money, or even a poker win. If you have money put aside, you're ahead of the game. The more you start with, the better your earning potentials.

A simple way to understand if you can afford to invest is to see what you have left after paying all your bills. If it's around $100, perfect, start saving the money in a "money market mutual fund". Think of the money market mutual fund as a holding tank for your money while you decide what to do with, it's always a plus when you earn money by doing nothing.


israellegendary


piedrasreceive

You're absolutely right. We are all investors in some way or another. It's important to remember that investments come in all shapes and sizes, not just Wall Street execs and the like who are making them. There are different investments out there, and it's important to find the right one for you. If you're starting out, a good place to start is with a money market mutual fund. This type of investment allows you to earn money without doing anything. The experts from https://stephenswmg.com can help you better understand the market.

Quick Reply

Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.

Note: this post will not display until it has been approved by a moderator.

Name:
Email:
Verification:
Please leave this box empty:
Type the letters shown in the picture
Listen to the letters / Request another image

Type the letters shown in the picture:

Shortcuts: ALT+S post or ALT+P preview