VIDEO ON MSN MONEY
This article should have been listed as "Advertisement for The Kiplinger Report Newsletter"
The Question is:
When someone buys and holds a stock for their lifetime,
one must already be rich in order to have a monthly dividend to add to other returns..
So, it's not the stock that got you there but the profession in which you
Therefore choose your profession wisely young man and save from the very beginning..
Don't ever listen or trust those article writers if they're so good they would been already filthy
rich and not writing worthless lame articles for outadet Kiplinger or msn.
First keep in mind that ALL of the magazines and those article are info-mercials
paid by the mutual funds or investment firms.
2nd investing in the market is 100% crapshoot . remember the 1987 and 2008
it WILL HAPPEN AGAIN SOON. Do not trust msn or any talking head on nsnbc
or ANY MEDIA.
Investing while Bush was President - everyone LOST $$$$$$$$$$$$$$$ A LOT OF $$$
Investing while Obama was President - everyone MADE $$$$$$$$$$$$$$$$$$$$$
The basics: Watch how you vote. Vote right, you make $$$, vote wrong, you lose $$$
Investing. A word heard every day. It means investing for a purpose, end result, goals, retiring etc.
If you have $389.00 in a savings account and can not afford to add to it, then investing is out of the question. It is a habit that is good to have. Think about the now, next year, ten years and your long range future. Generally $1000.00 will get you started with an investment account. Today interest rates are so low a savings account just protects your money from theft however in pretty safe investments a return of 4.5 to 6% is available. As your investment begins to have interest and/or dividends, have those funds go directly into a cash account. Look at I shares and corporate bonds. Add new money (as often as you can) to the cash account until you have enough money to buy another investment. Doing this you will only pay a commission on the original purchase of your investment. If you do not want to spend money on 'how to invest books' go to a library. Investing for life is the tortoise not the hare.
But consider Knight Kiplinger's advice: "I regard my home as a place to live, not as an investment. It is not a substitute for retirement savings."
One of the Biggest failures a person can make and therefore not be able to even to invest for Retirement is listening to BS like this. If invest more in your Home then you can afford, you are already way behind in the investment game. Picking the right Career and Picking the Right Size/Priced Home is crucial in ever being able to save for retirement. This nut-job is clueless as are most Main Stream Media Types.
The eight (8) biggest investment mistakes.
1. Thinking that your investments mean anything. You need a stable environment to accumulate wealth. No such thing exists. For example: You will change jobs (according to MSN) on the average of seven (7) times, meaning that you will be fired and put out on the street, where your investments will mean nothing because you will need all of them just to feed yourself while you are looking for a job.
2. Believing that your money is really truly your money. Taxes, baby. Capital Gains. Only the big boys actually make any money. And you are a nobody. Your money is just a side order of their money.
3. Investment require a rate of return in order to mean anything. Can you say Zero Interest Rate Policy (ZIRP)?
4. Can you say NIRP (Negative Interest Rate Return) policy. Coming soon to your money.
5. The value of the USD dollar is falling too fast for you to make any money.
6. The cost of everything is rising too fast, thus eating up the value of your investments.
7. All this investment talk is 30 to 50-years old. Eggs? There are no eggs. Baskets? There are no baskets.
8. You really think you can out play a computer? Think anything has been or will be done about HFT?
9. Bonus Reason. You are an idiot if you don't know you will played for a sucker.
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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The stock market punctuated July with a broad-based retreat that sent the S&P 500 lower by 2.0% with all ten sectors ending in the red. The benchmark index posted a monthly decline of 1.5%, while the Russell 2000 (-2.3%) underperformed to end the month lower by 6.1%.
To get a better feel for what led to today's retreat, we'd like to look back to Wednesday, when the market had ample reason to rally, but did not. Instead, it ended basically flat after a sloppy day of ... More
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