Investing Basics For Investing Your Money And Building Wealth

FINANCIAL INDEPENDENCE 101

How To Invest Your Money And Build Wealth

Last Updated 04/09/08

Investing basics for investing your money and building wealth is the subject of this section of our free online course.

Investing Basics For Investing Your Money And Building Wealth

Review

Hopefully you've already read Section I and you've gained at least an overview of the wealth building process. You understand how wealth is accumulated, and that it can build rather quickly once you put your program into operation.

You've also learned that you have to have a plan and that you want this plan to operate as automatically as possible so that you almost never have to mess with it. You want it to operate "hands-free" - to do its thing virtually undetected in the background while you occupy your mind with other things.

You know by now that you'll have to put money away into not one but two separate accounts so as to provide for retirement needs as well as present needs. And you've learned that there's an ideal no-load investment fund available to you to help you meet these needs, and an ideal timing strategy for investing in this fund.

Preview

Now, in Section II, you'll learn the basic principles - secrets of success - to investing your money that you'll be able to apply to both your retirement account and regular account when we discuss these items in Sections III and IV respectively. These principles lie at the heart of what it is we're going to do, and why we're going to do it, so it's quite important that you understand this section.

Click on the following lessons in order:

1) Paying yourself first.

2) The power of compound returns.

3) Early money earns the most.

4) Stock investments grow the most.

5) Understanding risk.

A) Paper profit and loss.

B) The long-term horizon.

C) Diversification.

D) Dollar cost averaging.

E) Inflation risk.

F) Risk management.