Basic Investing Building Blocks You Need To Help You Become A New Investor.
Cash is trash! Investing it provides a far greater opportunity to build wealth, compared to other safe investments. Many people don't invest because they think it's hard and require a lot of money. Once you understand a few basic investing knowledge, you will come to realize that investing is not complicated or solely reserved to the wealthy.
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
Robert G. Allen
Simplifying investing
Let's keep things simple. Here are three investing building blocks to get you off to a great start. These simple building blocks are the cornerstone of many investment account portfolios. If you prefer a more passive investing style, micro investing might be a good option for you.
Intro to mutual funds
A mutual fund is a type of investment that pools money from many different investors to purchase other investments, such as stocks, bonds. Learn more or invest now.
Intro to index funds
An index fund is a special type of mutual fund that tracks the returns of a broader market index, such as the S&P 500 index, Nasdaq-100 index, etc. Learn more or invest now.
Intro to ETFs
An exchange traded fund or ETF is type of investment traded on the market actively like stocks. They have benefits similar to stocks and index funds. Learn more or invest now.
What do you think? Please share and leave us your feedback in the comment section to help us improve and grow. Subscribe below to get our latest articles. Here are a few other articles you may find useful: How to invest your tax refund | How to earn free money as a micro investor | How to bridge the wealth gap between the rich and the poor | How to invest $100 | How investors make money in the stock market | Stocks vs. index funds vs. ETFs: what's the difference?
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