Ok, so here's the deal. You, the investor, have a sum of money. You don't currently need it; so what do you do? (That is the inherent question, right?)
Keep it in your savings account? Of course you do. Unfortunately, the problem with that is that the savings, or worse yet, checking account, yields a great return of 0.7% annually, if that.
So what do you do? Invest it, and get a return, year over year of 6-10%? Of course you don't.
That is why I am here. To educate. To inform. To open your mind. Whatever you want to call it; I want people to take the initiative to want to learn about putting their money to work. Because keeping money in an account at a bank is what I call 'safely losing your money'. (take into account inflation, especially this year)
So.....
My two cents: The problem with society and mainstream America is that 90% of people have no clue. I mean if you ask someone about investing, they can of course tell you their definition of what a stock is, what a mutual fund is, and so on and so forth. But......do they really know how it can help them? Or more importantly, which stock or fund to buy? The answer is a resounding NO!
My goal is, like I said before, to get you interested by hopefully giving you an inside glance into my thought process and my commentary on market conditions.
With that said, let's get started, and good luck.
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