Question and answer
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|
Question
Asked 8/16/2013 1:25:47 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The stock market has been declining steadily. What should you do?
Weegy: Sell your share while you can sell it at a higher price. Do not wait until your share of stock become worthless (More)
Question
Expert Answered
Updated 4/7/2014 12:40:13 PM
0 Answers/Comments
Investing in the stock market is a good way to meet which of the following savings goals? A. A vacation next summer B. A new car in 3 years C. College in 15 years D. A down payment on a house in 4 years
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)
Question
Expert Answered
Asked 8/16/2013 1:20:42 PM
0 Answers/Comments
21,754,862 questions answered
Popular Conversations
There is a single instrument to measure climate change.
Weegy: There is a single instrument to measure climate change. FALSE. User: How do landfills contribute to global ...
7/29/2015 8:14:02 AM| 2 Answers
Which of the following is the best example of use of voice in a ...
Weegy: The answer is: D. a narrative about the food served in middle-school cafeterias. User: What is the best word ...
7/29/2015 9:00:04 AM| 2 Answers
After Alexander's death, Egypt was ruled by ...
Weegy: After Alexander's death, Egypt was ruled by Ptolemy. User: The philosophy that believed pleasure was the ...
7/29/2015 4:01:30 PM| 2 Answers
16. What kind of wines is Portugal most famous for? A. ...
Weegy: D. Port User: 17. The single most important ingredient in a good beer is high-quality A. malt. ...
7/29/2015 5:23:37 PM| 2 Answers
Choose the correct definition for extremo. A. extra B. ...
Weegy: end is the correct definition for extremo. User: Choose the correct translation for Yo puedo hacerlo. ...
7/29/2015 6:40:23 PM| 2 Answers
Weegy Stuff
S
1
L
Points 853 [Total 1364]| Ratings 1| Comments 843| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
L
Points 682 [Total 10216]| Ratings 3| Comments 632| Invitations 2|Offline
S
L
L
Points 348 [Total 8548]| Ratings 5| Comments 298| Invitations 0|Offline
S
Points 249 [Total 249]| Ratings 1| Comments 239| Invitations 0|Offline
S
Points 193 [Total 193]| Ratings 1| Comments 183| Invitations 0|Online
S
1
L
L
Points 83 [Total 8463]| Ratings 0| Comments 83| Invitations 0|Offline
S
Points 65 [Total 65]| Ratings 0| Comments 65| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 3| Comments 20| Invitations 0|Offline
S
Points 41 [Total 41]| Ratings 2| Comments 21| Invitations 0|Offline
S
Points 18 [Total 318]| Ratings 0| Comments 18| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.