I met with a friend this past week who has done well with her investments, and I asked her a question I have started to ask anyone I meet who seems to have a good grasp on investing: what advice would you give a first-time investor? And she said: “It’s never too early and it’s never too late.”
The idea here is: just get started with learning to invest, however old you are. AND if you have kids in your life, get THEM started NOW. You can learn together!
My friend told me the story of witnessing a grandfather with his grandson, who looked to be about 12, reading the Wall Street Journal together and discussing stocks. The grandson was giving his opinion on a company. He knew the ticker symbol, and had a clear point of view. It was obviously not the first time they were having a conversation like this. They had clearly started him young.
Our community can learn these same tools. Money knows no color!
If you’re not sure how to get started, go to the quick links below. What IS money? What IS investing?
And if you’re ready to take action, watch this video to begin tracking the S&P 500.
Let’s get it started!
That said, we are heading to the end of August. This blog will be on break until after Labor Day, see you then! In the meantime, have you been tracking your expenses? If not, start your Digit Tally now, and when the blog starts back up again, we'll kick off with what to do with all that data.
Quick Links:
What is Money? is HERE
What is Investing? is HERE
What is The Investing Starter Kit? is HERE
Sign up for The MGB Investing Starter Kit waitlist HERE
And sign up for the next MGB Investing Starter Kit Workshop by clicking HERE
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