With market indexes hitting all time highs these days, it’s tough to know what to do with your money. If you are sitting on $5,000 or $10,000 (or more) you are probably wondering what to do. Who wants to invest at the top and then get whacked by a downturn? Nobody. On the other hand, […]
Investing Strategies
They don’t teach investing in school. It’s no wonder that so few of us really understand how investments work, what mutual funds are and how to select the right investments for our unique situation.
The following articles explain how the stock market, mutual funds, annuities,stocks and bonds work in plain English. They demystify investing and empower you to make better investing decisions for you and your family.
How to Make Investments and Make Money — The Secret Revealed
If you want to make money with your investments, keep your emotions out of the mix. Investment mistakes happen easily when your emotions run high. And your mindset is the greatest determinant of your financial success. The problem is you can become emotional quickly if you have easy access to your investments. I realized this […]
How to Create Safe Income from Mutual Funds
There are many ways to create income from mutual funds. But there are only a few that are really safe over the long-run (which we’ll get to). Many people think that they can buy mutual funds that buy bonds or preferred stocks and that by so doing they’ll safely get the income they want. It’s […]
What is a Variable Annuity?
A variable annuity is a deposit with an insurance company like a regular annuity. The big difference is that you decide how to invest the money and you have many choices (including growth mutual funds). As long as you keep your money with the insurance company, you don’t have to pay tax on any growth. […]
How Investments Returns Jeopardize Your Financial Future
If you give in to the urge to focus too narrowly on your investment returns, you are looking for trouble. This point was brought home to me yesterday when I spoke to Caroline. Caroline is 37 and Jim is 35. They have 3 kids and after speaking with them for a few minutes, it seemed […]
What To Do With Money You Might Not Need Immediately
You already know how to invest your very short-term money. Stick in the bank and don’t worry about the low return – the liquidity and safety are what you need. And you know what to do with long-term money too. Use a long-term growth strategy that matches your goals and comfort level. But what do […]