How can ordinary, even low-income, if not poor, people become rich? The answer to that question is as simple as it is mandatory: Start by saving and investing something regularly, even if it is a modest amount, in anticipation of big returns in the future. Saving and budgeting is the most important part of investing. If [...]
Entries from August 2008
The Importance of Saving
August 20th, 2008 · No Comments
Tags: Investing Basics · Investing Information · Investing Tips · Investment Ideas · Money Management
Organizing Your Debts In Writing
August 15th, 2008 · No Comments
Today you’re going to write down everything you owe your creditors. That’s right, everything— from your student loans, to mortgages, to credit card debt, medical bills, auto loans, etc. On a piece of paper, make a complete list of your obligations and here’s what you should write or type out on the sheet: Include the [...]
Tags: Investing Basics · Investing Information · Investing Tips · Money Management
Savings and Money Market Accounts Explained
August 15th, 2008 · No Comments
Savings and money market accounts can be found at banks. Money market funds are available through mutual fund companies. All are lending investments based on short-term loans and are about the safest in terms of risk to your investment among the various lending investments around. Relative to the typical returns on growth-oriented investments, such as [...]
Tags: Investing Information · Investing Tips · Investment Ideas · Mutual Funds
Dividend Reinvestment Plans Explained
August 11th, 2008 · No Comments
Increasing numbers of corporations allow existing holders of shares of stock to reinvest their dividends (known as DRIPs) in more shares of stock without paying brokerage commissions. In some cases, companies allow you to make additional cash purchases of more shares of stock, also commission-free. In order to qualify for most DRIPs, you must generally [...]
Tags: Investing Tips · Investment Ideas · Stock Market
The 1987 Stock Market Correction
August 7th, 2008 · 2 Comments
There have been many stock market corrections, and it seems as though we are in the middle of one now. Below is a discussion about the 1987 correction in the stock market. The events of October 19, 1987, at the time, were looked upon as a full-fledged stock market crash. In retrospect, no depression or [...]
Tags: Investing Information · Investment History · Stock Market
Managed Forex Accounts
August 4th, 2008 · 1 Comment
There is a lot of money to be made by trading the Forex, but it can be very risky. If you do not know what you are doing, you can lose a great deal of money. Having said that, if you invest some of your portfolio into the Forex market through a managed fund, then you [...]
Tags: Investing Tips · Investment Ideas · Mutual Funds · Trading
Saving For Retirement Guide
August 1st, 2008 · No Comments
Jerry has written a guide to help those who are thinking about retirement. So that should mean anyone who is currently working, as you are never too young to plan your retirement. A Guide to Saving for Retirement Saving for retirement begins early, and often we can overlook important steps unknowingly. Here’s a quick guide [...]
Tags: Retirement Tips

