Join Jane Barratt for an in-depth discussion in this video Making it happen, part of Managing Your Personal Investments.
- The world is filled with options…on where you can invest your money.…From real estate to art, from funds to Beanie Babies.…Well, maybe that last one isn't technically an asset class.…There's no one right way to get started…with investing, or optimizing the…investments you have, regardless of asset class.…But by taking the time to learn more…about stocks, bonds, and funds, and being…curious about the wider economy and the…opportunities within it, are great first steps.…The road to financial empowerment…is a lifelong journey.…
It starts with being able to budget and save,…to set goals, and to put money into investments…to achieve those goals.…Understanding the foggy terminology is critical, too.…For example, being a trader is very…different to being an investor.…The first is all about short term gains…and a high level of activity.…Investing is about setting your goals,…choosing assets that you believe will grow,…and optimizing for the long term.…Despite what the motivational speakers…of the world may say, there are no simple…
Jane is the founder of GoldBean, an online investing platform that helps first-time and experienced investors alike take their investments into their own hands. In this course, she shares her investment strategies with you. She breaks down the market into its five basic building blocks—cash and equivalents, stocks, bonds, funds, and insurance products—and the different vehicles where you can invest these building blocks. She also covers topics such as the importance of a balanced portfolio, understanding and managing your risk, identifying value in the market, and building your "money muscles" over time. Plus, learn how to calculate the rate of return of a portfolio vs. general market performance. Last, Jane outlines the options for DIY investing, when it makes sense to work with an advisor, and how to avoid costly investment fees.
- Why should you invest?
- Understanding compound interest
- Comparing stocks, bonds, and funds
- Managing risk
- Building a portfolio
- Finding where to invest money
- Working with a financial advisor