Apr 20, 2018
Learn stock market investing insights and why investing is important to you becoming financially free.
Investing in the stock market doesn't have to be difficult. It
is very important for you to know how to invest
in the stock market in order to achieve financially
independence.
Here are the reasons why you should know how to invest in the stock market:
1. It's affordable. It has low account minimums: $0, $0 for IRA’s, or $500.
2. It has low fees like $5.95 or $6.95 a trade. Low internal fees. For example, SPY has a .09% expense ratio.
3. It is easy to invest. Little knowledge is required to invest like a pro.
4. Long-term performance will average around 10% annually. Everyone needs a money engine.
5. You need to have higher rates to compound to become financially free.
Investing in the stock market does entail risk. The stock market drops 20 - 30% every 5 or 6 years. Expect it and plan for it. One way is to invest 1/12th per month and dollar-cost-average into the stock market.
I'm excited to celebrate my 400th podcast! All of my podcasts are listed on http://lindapjones.com in the podcast tab. They are evergreen so the mentoring is relevant all the way back to podcast #1.