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What should you do if you don't want to spend a lot of time managing your investments?
Investing isn't just for the wealthy. Almost anyone can devote at least a little money to investments, keep close tabs on it, and wind up with more money than he or she started with. [ If you have a few thousand dollars or even a couple hundred you don't need right away, here are some suggestions on how to make the most of it. Note: This article assumes that you're looking to grow your money
over time and are willing to take some risk rather than just saving your money in no-risk, low-yield savings accounts and CDs. It is also assumed that you already have an emergency fund set aside that includes enough money to cover normal living expenses for eight months should your income end suddenly. It is further assumed that you have no high-interest debt, such as credit cards. You would be further ahead paying off such debt rather than investing your money (because there are virtually no investments that would pay you as much interest as you would typically spend in carrying high-interest loans and other debt). ]
Expert answered|lgillis|Points 0|
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Asked 8/16/2013 1:25:47 PM
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The stock market has been declining steadily. What should you do?
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Updated 232 days ago|4/7/2014 12:40:13 PM
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Weegy: Everything you need to know about investing in stocks. In Lesson 5 glossary Sivy 70: America's Best Stocks glossary Glossary take the test Take the test Top things to know What is a stock? Different kinds of stocks How much should you pay? Picking [ stocks for your portfolio How to buy stocks Money 101 Lessons Setting priorities Making a budget Basics of banking and saving Basics of investing Investing in stocks Investing in mutual funds Investing in bonds Buying a home Controlling debt Employee stock options Saving for college Kids and money Planning for retirement Asset allocation Hiring financial help Health insurance Buying a car Taxes Home insurance Life insurance Estate planning Auto insurance 401(k)s 1. Stocks aren't just pieces of paper. When you buy a share of stock, you are taking a share of ownership in a company. Collectively, the company is owned by all the shareholders, and each share represents a claim on assets and earnings. 2. There are many different kinds of stocks. The most common ways to divide the market are by company size (measured by market capitalization), sector, and types of growth patterns. Investors may talk about large-cap vs. small-cap stocks, energy vs. technology stocks, or growth vs. value stocks, for example. 3. Stock prices track earnings. Over the short term, the behavior of the market is based on enthusiasm, fear, rumors and news. Over the long term, though, it is mainly company earnings that determine whether a stock's price will go up, down or sideways. 4. Stocks are your best shot for getting a return over and above the pace of inflation. Since the end of World War II, through many ups and downs, the average large stock has returned close to 10% a year - well ahead of inflation, and the return of bonds, real estate and other savings vehicles. As a result, stocks are the best way to save money for long-term goals like retirement. 5. Individual stocks are not the market. A good stock may go up even when the ... (More)
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Asked 8/16/2013 1:20:42 PM
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