In case you didn't already know, I am a BIG TIME surfer. I will drop everything if the swell and conditions are right to surf 8 hours straight (or until my arms feel like they are about to fall off). Yes - that even means calling in "sick" to my 9 to 5 job. In this post, I share with you 8 ways in which surfing is just like stock trading.
Before you can begin investing your money, you need to choose a stock broker where you can hold your money to choose your investments. Reviews.com does an excellent job explaining which brokerages are the best for online trading and investing. Reviews.com provides a lot of useful information such as commission fees and account minimums.
One of the most common questions I get when I speak with people just starting out with investing is how much money do I need to start. Luckily there are many options to effectively invest your money that are suitable for someone with $500, or someone with $5,000 or more. This post should help you choose which option is best for you based on your current financial situation.
The numbers will make your head spin, but it really just comes down to simple math. The less money you are spending on your car every month, the more money you have to put into other more important things: your kids’ college fund, your retirement, and paying off any other debt you might have.
To be clear, I have zero experience working in the financial industry. I am an ocean engineer by formal education and currently work as a software developer, which I taught myself in less than two years. What I do have is a passion for learning, problem solving and helping others, especially when it comes to personal finance and investing.
Growing up alongside my fellow millennials both before and after college, I recognized that that the majority of us have little to zero knowledge in the areas of personal finance and investing in the stock market.