Want I want to do though is share the resources I am finding and start some conversations about different investment styles - what works and for whom?
I'm not a big risk taker when it comes to money. I don't gamble simply because I'm a hoarder with my cash and I don't want to lose it to chance. Well I know that investment carries risk and as someone who is young, some people suggest taking a higher-risk road.
But I should back up and start at the beginning with some Investing 101 by MangoMoney:
And here's the important one for today - Investing 101: Investment Personalities
*Why does the only female personality need to be the 'moody' one?*
I realize that these videos simplify things quite a bit but some of us need simple to start understanding investment lingo. I still don't have a solid idea of HOW stocks and bonds work but I now have firmer grasp on what they mean for me and my money. I think my biggest struggle with high-risk investing will be not wanting to bolt at the first sign of trouble, even though I should be able to handle the changes over the long haul.
1 comments:
Bet it all on Enron! They've got no where to go but up.
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