learn to invest

Having become a Stay-at-Home-Mom who sometimes picks up part-time telecommuting gigs here and there, our family income has definitely gone down and we will soon have to start dipping into our savings UNLESS I find a way to make more money through INVESTMENTS!!!!!

The world of Investments has always been quite confusing and intimidating to me. This said, it would be quite silly of us not to jump on this bandwagon and start making our money work for us!

Any advice on books, websites, magazines, etc. that are particularly useful for investing-ignorant people like me who are eager to learn?????

Thanks!

can anyone help me ?

My soon to be ex, by not paying attention to an investment fund, even though I did harass him, or maybe because I did harassed him, lost $17,000. Well, $6,000 was a done deal the other $11,000 was just stupid.

The good news, I’ve learned enough in my reading and watching and asking lots of questions to know that the loss of the $11,000 was STUPID. OK, an expensive learning experience. It is only money, not someone’s life. Money can come back. Money will come back. My life is abundant and full and complete.

some friends/acquaintances & i are going to read suze orman’s book together. i just have to set the blog up. i don’t think the book goes very in-depth about investing, but at least i will be able to discuss personal finances with people in a similar situation as mine. most of the people i know either 1. live paycheck to paycheck & don’t think about $ at all or 2. make so much money that they don’t think about $ at all or 3. are my parents who pore over financial charts so much that sometimes i think they might as well get another job.

my dad gave me a gift subscription to kiplinger’s. it took a couple of issues, but it’s becoming more interesting. i almost feel like i have to approach personal finance as a new language. i keep hoping that i will learn the financial terms by osmosis, but i really should look them up & make some flash cards.

ingdirect says that i’ve been saving with them since 2002! in all that time i’ve only saved 1/30 of my pre-tax salary. no wonder i don’t have any money to invest with! the situation’s a little less grim if i take into account the loan i had to pay off.

& maybe i should work more hours & eat out less.

...a recession is a good time to buy stocks right? if you don’t need to cash out for a while? i would like to invest in green technology.

is investing really necessary for retirement? everybody says so & my parents certainly act like it is. i have made this a goal only because it seems like the financially responsible thing to do & because i am afraid of being old & sick & poor. i really have no interest/clue about finance. lots of people get by without investing in stocks right? hm.

so far i’ve attended a lecture at the library on investing & checked out a couple books (and returned them unread).

I know a bit about it, but not enough.

I would like the above amount for a passive income but I’m not sure if that’s a reasonable goal. Am I naive about investing that this isn’t a feasible goal for a beginner? Where to I find out about investing so I can get this kind of income?

Yay for me! But nothing to write home about. It was just gathering up loose change..lol

At least my makeshift portfolio increased though.

Blog entry: http://www.sharkgirl.us/2007/1464-portfolio-balance/

I’m not cheap, I’m thrify. I don’t know how to invest but I want to learn. I took $10 (because that’s all I have right now) and I’m going to come up with creative ways to make my portfolio grow; while learning how to invest.

Here’s where I started my investment blog project: http://www.sharkgirl.us/2007/10-how-do-you-invest/

I want to be smarter about money. I’m in debt, in school, no retirement fund, minimum benefits. Of course I’m young, no kids, I’ll have a PhD soon, I know I’ll get a good job some day … but in the meantime that doesn’t mean I should ignore investments. Something low risk to start…like a money market. I have to start small since I’m totally focused on getting out of debt right now. But, I might as well learn something in the meantime.