Stocks

Should I Buy The Stock?

How to buy stock? Should you buy this stock? How do you decide whether it’s a good company, a good price, and a good investment?

I’ve taken plenty of finance courses, and just finished an MBA Corporate Finance class, but I still get confused when looking at all of the different stock ratios! How to buy stock? I prefer to just look at the 5-10 year price history and see if it’s at a “low point” or not. But, that’s not how to analyze and determine how to buy stock!

Have you been tracking the stock market closely? How about reading the news about certain companies? I intend to, but after a few days of keeping track, I forget to pay attention to it. It’s hard! That’s one reason I’m thankful that the dollar-cost average method is one of the easiest ways to invest, and investing in index funds typically beats managed funds. But, if you really want to buy a stock, or need to make a large sum initial investment, what should you look for in picking a stock to buy? (Note: It does take time and you need to research and learn about the company.) Keep Reading!

Overwhelmed with money

Is Investing Too Overwhelming?

How much money is in your bank account? Is it too much?! (Note: It’s probably too much if it’s more than your emergency fund and more than what you need for your next month or two of bills.) I highly doubt your making much interest on your money sitting in a bank account, even if it’s a money market, I haven’t seen any earning more than 1% in the past few years. So, it’s time to get with the program! Start investing! Make it easy by picking a mutual fund. I’ll explain the benefits of a mutual fund later. Keep Reading!

Loads of money

Wealthy On Any Income!

You don’t need to earn a lot to be wealthy! As a kid, I thought I would need to have a certain profession to be rich. Even in college, I figured I would need to bring in $200,000+ so that I could be wealthy. While that would make it a lot easier, it’s not necessary! Have you read the books “The Millionaire Next Door?” Most professionals with high incomes need to spend more to keep up the lifestyle they’re expected to live. Think about all of the famous actors that have gone bankrupt or end up with no money because they were expected to buy expensive cars, designer clothes, and mansions. The same goes for a stereotypical lawyer who feels the need to purchase custom-made suits to fit in. (A good suit is necessary for many jobs, but $2,000+ is NOT.) In reality, your wealth is more dependent on your ability to understand trade-offs and make decisions that generate wealth for you. Keep Reading!