Investing 101 for dummies: buying stocks, befriending money, and more

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Investing 101 for dummies: buying stocks, befriending money, and more | via preenph

Whenever money is the subject of a conversation, I feel insurmountable dread. I list down multiple reasons why I’m a hopeless case—I’m bad at math, I only live paycheck to paycheck, etc. For those of you who have been or are currently in my place, you might have also asked yourself this question: Is it really possible for me?made me realize that I do have options. I just have to be willing to consider them. Here’s how our conversation went.

Another way to combat buyer’s remorse is to create a culture of circular economy. Find new homes for items that once sparked joy in you.The best way to attain financial growth is to be able to keep track of your money and diversify. Look at your money as if it’s divided into plant pots. Some plants are already growing and are self-sufficient. Some are high maintenance while others are not.

Yesterday was the best time, friends! But it’s never too late. When the market is low, it’s an optimal time to enter. I then recommend identifying one’s risk appetite when it comes to investing. Are you the aggressive type who [accepts] the ups and downs of the market? Or do you see yourself as a balanced investorallocates half for long-term high-risk and high-reward investments and the other half to more conservative types? Maybe you prefer to be a conservative investor who sticks to a fixed amount of return for a certain timeframe .

It starts from within—recognizing that we already have inner resources and [that] there’s room for us to keep growing and improving. Abundance means being in a space of creativity.

 

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