I was budgeting like everyone told me to and packing my money away into a savings account. My savings grew really fast. Once I had cracked the code of being financially responsible it was easy. I went to work every day and after two years of working and saving smartly I had a nice war chest built up. It wasn’t like I was rich or anything but it was a lot of money for me at the time. I wanted to make my money earn more money so my savings could multiply. I wanted to learn how to invest like an expert! I read everything I could get my hands [...]
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These days just hearing the word “investment” is enough to send shivers down your spine. It’s been four years since the financial crisis and while we are definitely doing better, our wounds still ache. Everybody knows someone who lost a job or a huge chunk of their retirement savings. Depending on who you ask you’ll hear a different cause for the crisis but the one take away from the whole thing is that everyone is afraid of the stock market. With those wild price fluctuations and monster crashes, why risk your money? Most people are just holding on to huge savings accounts that blow your mind at 1.0% interest. Now, while you [...]
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