People talk a lot about how you can make money in the stock market. However, knowing how people lose money in the stock market can be as important to avoid losing your hard-earned money.
So let’s look at some ways you will be guaranteed to lose money.
” Rule 1, don’t lose money. Rule 2, don’t forget rule 1. ” ~ Warren Buffett
Continue reading “How people lose money in the stock market”
Having some cash aside is never a bad idea. It makes sure you can pay the bills and maybe cover some unexpected costs. Having a lot of cash, however, might not be such a good idea. Interest rates have become so low that they don’t cover the cost of inflation anymore.
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ~ Sam ewing
Let’s find out why investing is the best option and how to do it.
Continue reading “How to start investing: Step by step guide”
