Tag: wealth

investing for beginners

5 Beginner Investing Tips

Investing is one of the best things to do with your money. However, there are a lot of mistakes that investors make all the time. Thinking long-term, controlling your emotions and not investing based on what other people say are steps to become a better investor and not lose money in the stock market.

Read More

investing knowledge

Dollar Cost Averaging: Explained

Dollar cost averaging is where you invest your money at set intervals over a period. Advantages include; taking the emotion out of investing, no market timing issues, and we are able to ‘set it and forget it’. However, the main drawback is that lump sum investing beats dollar cost averaging, in terms of returns, 66% of the time.

Read More

investing knowledge

Pay Debt or Start Investing?

Pay debt or Star Investing? Mathematically, it is best to do whatever produces the higher return. However, paying debt is likely to be the better option because of the financial and mental strain it causes.

Read More

investing for beginners

5 Investing Mistakes To Avoid

Investing mistakes are common. There are a number of mistakes investors make, including: speculating, not understanding the company, not taking into account fees, buying/selling on emotion, and trying to time the market. Avoid these mistakes!

Read More