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HEALTH
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Alternative
Main Stream
MONEY
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Making Money
Saving Money
Investing
Money
ENERGY
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Alternative
Nuclear
Oil
Coal
Gas
FOOD
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Diet
Nutrition
OTHER
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Off The Wall
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INVESTING
MONEY
PLAN YOUR CONTROL
- Control is the one word I want you to remember if nothing else.
Control over your investing and most of all control over your life. Take
your life back and control your own destiny. Careful planning is very
important and you have your
whole life to do it. That doesn't mean take no action and just plan.
Action will and
should be taken all the time, just think about your action and then do it.
I hate to tell you,
but you will make mistakes. As long as the mistakes are kept as small
ones. Most
successful people make mistakes. The difference is, they learn from them
and it makes
them a stronger and better person. The only thing in life that is consistent
is change.
A lot of people can't handle change. But for those who can, life can be
both exciting and
rewarding. THE REAL WORLD OF INVESTING - When we
think of real life investing we think
of stocks, bonds, mutual funds, and real estate. Of course there are
others. At this time,
I don't find it necessary or relevant to my points I will be making. What
are stocks:
When you buy stocks—also called equities—you become part owner of a
company. That is, you own a “share” of a company’s assets. If the
company does well, you may receive dividends (i.e., a small portion of a
company’s earnings usually paid at regular intervals) and/or be able to
sell your stock at a profit. If the company does poorly, though, the stock
price may fall and you could lose some or all of the money you invested.
Stocks in general are higher risk than savings vehicles or bonds. What are
bonds: When you purchase a bond, you are essentially loaning money to a
corporation, the U.S. government, or a local government for a certain
period of time—anywhere from a few months to 30 years. The issuing
entity pays you a periodic rate of interest over the life of the bond, in
addition to repaying the initial bond amount at the end of the term.
Overall, bonds are considered a safer investment than stocks, because
bondholders are paid before stockholders if a company becomes insolvent.
What are mutual funds: A mutual fund is a pool of money, supplied by
investors like you, that is invested in various securities such as stocks,
bonds, money market instruments, or a combination of these investments.
Every share of the mutual fund represents a proportion of ownership of the
fund’s total assets (e.g., investments) as well as a proportion of the
income those holdings generate. The share value of a mutual fund will go
up and down as market conditions change, and investors may make or lose
money. Mutual funds are not FDIC-insured, even when they are sold through
a bank. Typically, mutual funds have a professional manager or team of
managers making day-to-day and minute-by-minute buy and sell decisions. By
investing in mutual funds, you can diversify your investments and balance
risk. We all know what
real estate is. This is only the tip of iceberg of all the different types
of investments that
a person can get involved with. In future segments we will give ideas as
to why the little guys, like you and I don't stand a chance competing with big money insiders.
NEXT PAGE
BEFORE ACTING UPON AN IDEA THAT CONCERNS YOUR
HEALTH, MONEY, OR ANY OTHER MAJOR DECISION IN YOUR LIFE,
IT IS A SMART IDEA TO GET TOGETHER WITH YOUR DOCTOR,
FINANCIAL ADVISOR, LAWYER OR ANY OTHER PROFESSIONAL THAT
CAN HELP YOU MAKE THE RIGHT DECISION.
SOMETIMES A SECOND OPINION IS ADVISABLE. BEFORE
MAKING A DECISION ON AN IDEA, GIVE YOURSELF PLENTY OF TIME
TO THINK ABOUT IT. IN THE LONG RUN YOUR DECISION IS THE
FINAL ONE. MAKE SURE YOU WEIGH THE PRO'S AND CON'S OF THE
IDEA.
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