Taking Your Personal Financial Inventory

financial lifeThere’s an old joke about a guy on his hands and knees looking for some lost money on the street one night. A cop pulls up and asks the man what he’s doing.

“I’m looking for twenty dollars I lost on Mulberry Street,” the gent responds.

“But this is Maple Street,” the cop answers.

“I know,” says the man, still crawling along the pavement. “But the lighting’s better here.”

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‌High‌ ‌Net‌ ‌Worth‌ ‌Investing‌ Tips

investingInvesting in the stock market is a complex process and high net worth investing is not an easy task. There are complexities to master requiring knowledge if you’re going to invest successfully. One tried and proven way to learn about stock market investing is by reading informative books on high net worth investing strategies.

High net worth investing tips

Attitude is important. It’s not enough to have the best investment broker. You also need a positive and proactive mindset. When investing in the stock market or any other financial instrument, maintaing a positive attitude is important, especially when times get tough. Continue reading

Major Investing Mistakes and How to Avoid Them

investing mistakesThe decision to invest is one most people don’t regret making. There are multiple benefits to investing a portion of income in various money saving (and earning) pursuits.

Your current lifestyle often provides a good baseline for your eventual retirement goals.

Investing helps you save money before you even see it. This is especially helpful if you have a hard time holding on to money. This setting aside a portion of earned income per month in investments can lead to potentially huge returns over the long run.

The trouble is the flip side of good investment is bad investment. It’s a fact that if you make bad investment decisions the results can be catastrophic. You need to know what you’re doing if you’re going to experience positive results.

There are a handful of mistakes newbie investors make that are easily avoided by more proficient investors. Below are 3 common mistakes and how to deal with them.

1- Selling too Early

If you know anything about making good investments, you know that not sticking by your investments is a huge mistake. Continue reading