Step 11--Begin Investing!

Leslie Lewis (she/her)
Nov 6
2 min read

Let's get it started! This is THE STEP--to begin investing.

The link to the last post on step 11 is HERE, and please watch that as well, and read the accompanying posts to support yourself in getting started with investing.

The link to watch this week's video is HERE

The post for "What Is the MGB Investing Starter Kit" is HERE, but below are the key elements on how we suggest you get started with investing, reposted from that page:

Here is our beginner's investing philosophy, based on the work of the founder of Vanguard.

1. Open an Individual Retirement Account a Roth IRA or a Brokerage Account.

2. There are just two things you should hold in that account:

Cash (like what you'd hold in a savings account) and
An S&P 500 Tracking Fund.

3. Research Dollar Cost Averaging

4. Begin Dollar Cost Averaging into an S&P 500 Tracking ETF

And that's it!

Note: The goal is to keep that money invested for at least 5 years, if not more.

The post for what is a ticker symbol is HERE.

It can seem confusing, and so that is why we recommend taking our classes. Links to register are below. But you can do it! All the info you need to get started with investing is here on this website, and this video outlines and gives you an overview of the steps. Those steps are meant to be taken over the course of 6 months to a year, but again, you can do it!

Have you taken all 10 step of the MGB Investing Starter Kit process? Do you feel ready to get started with investing? Do you understand the investing philosophy that we recommend? Let us know in the comments! And as always, thanks for reading this.

Quick links:

What is The MGB Investing Starter Kit? is HERE

Step 1 in the MGB Investing Starter Kit process is HERE

Step 2 is HERE --Keep a 'Digit Tally', like You Need A Budget or RocketMoney or our free tracker template HERE