Don't trust all brokers or registered representitives when it comes to investing. Know your facts! |
- The differences between stocks, mutual funds, and bonds:
- Stock: The partial ownership of a company
- Mutual Fund: A bunch of stucks in one investment managed by a professional
- Bond: People buy bonds from a city/state government. You are loaning money to the government and they pay you back with interest.
- Risk has a lot to do with investing because the thing you investeted in may not be what you expected or what you were told to expect. You may or may not get your money back when you invest. There are so many risks when it comes to investing so when you want to invest make sure you know your facts. It all depends on what you are investing in.
- Time has everything to do with investing because the more time you leave your money invested the more money you will get in return if you are in the right investment. The more time you take the more the risk you take. Time is patience.
- Investments differ from saving accounts because saving accounts is your own money that you put aside to save for emergencies and for the future. And when you are investing you are spending money to gain money.
- Article Link: Investing
- Video Link: how real estate investing can produce predictable income
- Three things a person should know before investing:
- Reduce your costs
- Beware of risks
- Invest in low cost
Investing will help your money grow if you do it right! |
Sources:
1. http://www.businesscartoons.co.uk/shop/images/uploads/5784bwc.gif. N.p., n.d. Web. 15 May 2013.
2.
https://www.youtube.com/watch?v=qAPFwna-K7I. N.p., n.d. Web. 15 May 2013.
3.
https://www.google.com/
. N.p., n.d. Web. 15 May 2013.
4. My own knowledge
NoodleTools : MLA / APA / Chicago Bibliography Composer, Notecards, Outlining
5. http://bucks.blogs.nytimes.com/2013/01/22/
5. http://bucks.blogs.nytimes.com/2013/01/22/
the-appeal-of-investments-that-cost-more-and-return-less/. N.p., n.d. Web. 15 May 2013.
No comments:
Post a Comment