I just created an investment portfolio all by myself and traded my very own stocks. I have a 401K and company stock and done CDs and all that jazz, but usually I sign up for the account, then leave the “Dollars! Be fruitful and multiply!” part to the nice man behind the Big Metaphorical Curtain. They take some dough out of my check. I get something in the mail that I may glance at before filing away, hoping that it’s all steadily growing without much of my involvement whatsoever. And when I retire—surprise!—I’ll have a lot of money all managed by Someone Who Knows What He’s Doing. Which is not me.
I am a tourist in finance land no more. I'm done with these beliefs: "I'm not a math or finance person. I don't think I could be good at it. It isn't my personality. I don't understand it. I better to ignore it and entirely trust someone else with it." crap. No more of those thoughts. I'm a beginner, yes. I read a book, and I understood most of it. I did some research on the Web. I looked up words in the dictionary. I found some Web sites. It’s really overwhelming. But: I created a new account. I have access to free advisors, which I intend to use. And with that, I am learning how to manage this myself. It is, after all, mine, and money, if cared for, can do good things.
There’s a handy thing online that asks you a bunch of questions then makes recommendations to you. So I did that and got advice. Then, I researched what’s making money out there right now, got the code for a few Big Hitters and traded some of what I had for something else. I’m starting out slowly—with a moderate amount until I’m more comfortable with it all. For now, I feel empowered and good and rather grown-up.
I am a tourist in finance land no more. I'm done with these beliefs: "I'm not a math or finance person. I don't think I could be good at it. It isn't my personality. I don't understand it. I better to ignore it and entirely trust someone else with it." crap. No more of those thoughts. I'm a beginner, yes. I read a book, and I understood most of it. I did some research on the Web. I looked up words in the dictionary. I found some Web sites. It’s really overwhelming. But: I created a new account. I have access to free advisors, which I intend to use. And with that, I am learning how to manage this myself. It is, after all, mine, and money, if cared for, can do good things.
There’s a handy thing online that asks you a bunch of questions then makes recommendations to you. So I did that and got advice. Then, I researched what’s making money out there right now, got the code for a few Big Hitters and traded some of what I had for something else. I’m starting out slowly—with a moderate amount until I’m more comfortable with it all. For now, I feel empowered and good and rather grown-up.
1 comment:
You're posting on a semi-regular basis. I might have to check in more often.
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