Monday, February 24, 2014

How You Get Money From Investing

This stuff is also applicable to mutual funds and index funds!
Read this if: 

1) You have investments (ex. stocks, mutual funds) but you don’t know how they get you more money. 
2) You want to read my blog post, just for the heck of it. 
3) You know a bit about investing already. (If not, read this.)

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We all know that investing can lead to wealth, but how does it actually happen? What is about investing that actually increases how much money you personally have? Allow me to enlighten you! 

Monday, February 17, 2014

Dollar Cost Averaging: Investment Strategy For Newbies

I thought this was a really cool variation of a calendar.

Read this if: 

1) You want to start investing but you don’t know how much money to invest. 
2) You don’t know how often to put money into your investments. 

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When I first started looking into investments, one of my biggest concerns was how much to invest. I was told about the concept of “dollar cost averaging,” which I will explain here. I think it's very useful for anyone who is just starting to invest, and is especially good for long term investing (which is what I encourage people to do). 

Monday, February 10, 2014

Journey to Plushies Part 1: First Sale!

Focus on the yellow thing, which is Duckee the Duck (I made him with my bare hands).
Read this if: 

1) You want to know how I made $5. 

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A couple of months ago, I decided to hand-sew a stuffed animal (or "plushie" as I like to call them) for my boyfriend. After that, I realized how much I liked sewing and making cute things, and I made a whole bunch more. They were all pretty simple and I ended up giving most of them away. 


Monday, February 3, 2014

Basics: Investing In Stocks


Read this if: 

1) You want to start investing in individual stocks but you don’t know how. 

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I’ve read a lot about how people got rich because they picked the right stock at the right time. It all sounds very attractive, but there is significantly more risk involved in stock trading (than, say, investing in mutual funds). For those of you who want to try it, here’s a guide to the basics of stock trading.