Learning how to invest can be a very daunting task to any novice. In order to assist you I have compiled a list of articles below that will help build your foundation of investment knowledge. I recommend you read them in sequential order if time permits.
The main focus of this site is to educate and show the average hard working person how to build and grow wealth in the stock market. Specifically, by growing passive income in addition to their active income, and ultimately becoming financially free.
Let’s Get Started
It took me years and lots of heartache to understand this simple concept… Before you invest a single penny you need to ”mind your own business.” By mind your own business, I mean you need to focus on your personal finances before attempting to invest in another business. I have written these articles to warm up your mind for investing:
- Let me be your Stepping Stone
- Why starting your own business isn’t as easy as you think!
- Personal Financial Statement
- Financial Responsibility
What is a stock? Better yet, why should I even invest in stocks? Both great questions that need a thorough explanation. First off let me tell you what a stock is NOT! A stock IS NOT a piece of paper that you can buy low then turn around and sell high. A stock IS NOT a way to get rich quick and the stock market IS NOT a casino. Read on to get a thorough explanation:
Building A Foundation of Knowledge
As with any trade or skill you need to build a sound foundation of knowledge and tools. When it comes to investing in the stock market I believe in keeping things simple and low risk. Especially when it comes to novice investors. Here are the four corner stones of investing that every novice needs to understand before doing ANYTHING else in terms of investing:
Please make no mistake, there are individuals who are smarter and more experienced than myself when it comes to investing. I literally learn something new every single day and it is my opinion that when you stop learning you fail to move forward. Building a fundamental foundation of knowledge is hard and for novice investors it may feel like you’re trying to drink water from a fire hose. Stay strong, stay determined and I guarantee you will end up better than you were.
Here’s to our Wealth!