What is diversification? In investing diversification is simply having multiple assets within your portfolio. If you are invested into a mutual fund it takes care of diversification for you because a mutual fund is broken down into multiple assets all within one fund. I like to remind myself of diversification by the quote “don’t putContinue reading “Diversification”
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Compound Interest
“Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest.” Compound interest has been identified as Einstein’s eight wonder of the world. The longer you allow compound interest to work for you the greater it’ll pay in the end. Example If I were to ask you if youContinue reading “Compound Interest”
How Do I begin Investing?
This a question I get a lot from many millenials. The idea of investing can sound intimidating if you don’t have any experience; however, there are several ways to begin investing. Today we’ll be focusing on three different ways you can begin investing today. (Roth IRA, 401k, and stocks) Roth IRA A Roth IRA isContinue reading “How Do I begin Investing?”
Why Should You Invest?
My name is Emanuel Morgan and this blog is for the new investor that is just getting started, the investor with little experience, or the investor that wants to expand their knowledge. Investing can be a tricky topic and frightening if you don’t know what you are doing. Today we’ll be focusing on why youContinue reading “Why Should You Invest?”
Introduce Yourself (Example Post)
This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right. You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click theContinue reading “Introduce Yourself (Example Post)”