Basic stock investing - is now the time to start?
Feb 06, 2021
Basic Stock investing – is now the time to start?
In reviewing topics to discuss today I came across a number of discussions on basic stock investing.
Questions ranging from how do I start to is now the time to start or get out?
So for those who are wondering is now the time to run for the hills I would say, depends on your current financial situation.
By that I mean:
· is your job secure?
· Is your paycheck consistent?
· Do you have at least 3 months salary in a safe place, money market fund, savings accounts, where you can easily get to it if something happens to your primary source of income?
If you feel that the basics are covered then you can review options for stock investing. However, even if you need to shore up your emergency fund, now would be a great time to start learning about investing.
Some places to start your investing knowledge journey:
The resources listed above are free and generally can be considered reliable. However, as they are free, general resources and do not take into consideration your personal situation they should not be relied on to meet your specific needs.
Use these resources to get comfortable with terminology and concepts and when you are ready to actually invest find a mentor, a financial planner, a trusted advisor to discuss your actual investing strategy.
You can do it and be successful.
I believe in you!
