How people lose money in the stock market

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”

How to start investing: Step by step guide

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”

Investing in real estate with less than $1.000

Investing in real estate can be very lucrative. It’s generally considered as a safe investment, it protects the owner against inflation, and provides an extra income stream in the form of rental money.

Usually investing in real estate demands big capital. However, there are a few ways you can invest in real estate for less than your paycheck provides.

” Buy land, they aren’t making anymore of it. “

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5 easy ways to save more money

Many people live paycheck to paycheck. It’s estimated that more than half of Americans have less than $1000 dollars in savings. Multiple sources suggest that 20% of a monthly income should be saved.

” Save money and money will save you. “

This is how you can save money easily:

1. Track your spending

The first and obvious thing to do when looking to save money is tracking where you spend it on. Continue reading “5 easy ways to save more money”