“So the S&P 500 index is up 5% this morning,” you might be thinking. “I know it’s not the greatest time to be buying stocks, but still, that’s a positive.” You might also be thinking that perhaps you should invest in a new company or that you should start saving money to invest your money in a new company.
If you want to actually spend your money on something, you already have a lot of money on the board, but what else do you need to spend it on? You might also want to be more careful when buying stocks.
The SampP 500 index, a broad measure of the stock market’s performance, is up 5 this morning, and if you want to actually spend your money on something, you already have a lot of money on the board, but what else do you need to spend it on. The fact is most of us don’t really know what we need to spend our money on and most of the time, we end up spending a lot of money on the wrong things.
The reason is that most of the time when we buy stocks, we end up buying the same thing over and over. A recent study by the US Securities and Exchange Commission found that nearly 80% of the U.S. stocks traded that day were bought and sold the day before. That’s not a sign of a healthy economy, though. If you see your portfolio going up and up and up and up and up, then something is wrong with you.
Well, that’s not really true. That’s true in the old days when people didn’t think much about stock market investing and just bought stocks with an eye toward making money. But today we learn that almost every single stock is a winner in the market. In the beginning, this was a benefit, but over time it’s become a big problem. The more time you put into stocks as a consumer, the more you learn that you can’t have a stock that is a loser.
If you want to become a financial adviser, you will need a good foundation. That includes money you can put into a fund and you will need to hire other people to put in the investment.
You may not have a lot of the financial resources available to you to build a good foundation. But you have to work hard to build something that’s strong enough to help you achieve your goals.
The reason this blog is about the basics of finance is because I like to work on the basics and the money making aspects of finance. And I like to use it more often. It’s a way to get into the financial world and then go to the next level of finance.
I’m not a financial planner, although I’ve been working on a lot of financial projects. But I do like to think I could do a lot better than I did.
