Investing Blog

Investing for Kids: How Old do You Have to be to Invest in Stocks?

May 31, 2020 By Kevin | Just Start Investing Leave a Comment

When looking into investing for kids, one question always comes up: how old do you have to be to invest in stocks?

The answer: it depends.

It depends mainly on which state you live in, but no matter what, you have to be at least 18 years old to invest on your own.

Though starting on your own is not your only option, and there are ways to start sooner. Which is great, because stock investing is one of the best ways to capitalize on compound growth and grow your net worth.

The sooner you can start investing, the better.

Below, you’ll learn how to legally start as soon as possible.

[Read more…]

The Motley Fool Review: Is Their Stock Advisor Program Legit?

May 22, 2020 By Todd Kunsman from Invested Wallet Leave a Comment

As you increase your interest in building wealth and investing, you might be looking to take your knowledge to the next level. And as you consistently work on your investing strategy and expand your interests, there will be more to understand and manage.

While I’ve never been into actively day trading stocks, I understand that individual stocks can make sense in certain portfolios.

Meaning, it’s fine to have some exposure to individual stocks, but they should only be a fraction of your overall portfolio to minimize risk.

What percent of individual stocks you have in your portfolio is a personal choice based on your goals and current finances. I like to look at it as being between 1-5% max of my portfolio.

Most people do not have the time or knowledge to research every potential investment or find great individual stocks that are out there. One option you have is to sign-up for The Motley Fool’s Stock Advisor program.

You can find a full Motley Fool Review below.

[Read more…]

How to Choose a Financial Advisor Fit for You

May 15, 2020 By Eliza Picot 1 Comment

When you first get started investing it can be difficult to find the best path for you. One way for you to learn the ropes with the benefit of professional guidance is with a financial advisor – below you’ll learn how to choose a financial advisor for you.

Financial advisors are experts who can guide you through what you need to know about saving, investing in stocks, opening up a retirement account, diversifying your portfolio, protecting yourself from risk, and other key financial moves investors should make.

However, knowing exactly what kind of advisor is right for you can be difficult. If you choose the wrong advisor, you could end up overpaying for services you could easily do on your own.

In this post, we’ll walk you through three of the most common options, along with their pros and cons, so that you can learn how to choose a financial advisor that is right for you.

Note: While at Just Start Investing we do not utilize financial advisors, we understand that they can be helpful for some people, and it never hurts to know your options.

[Read more…]

20 Warren Buffett Recommended Books: Get His Reading List

May 10, 2020 By Christopher Liew @ Wealth Awesome 1 Comment

Today, we’ll be diving into 20 Warren Buffett recommended books to expand your reading list. For someone who is as successful as he is, you would not expect Warren Buffett to have a lot of time to catch up on his reading. An increasingly well-known fact about the Oracle of Omaha is that he would read 600, 750, or even 1,000 pages a day when he began his career as an investor.

There’s a reason why he’s always been ahead of everybody. The son of a U.S. congressman, Buffett bought his first stock at the age of 11 and first filed taxes at age 13.

Even now, the world’s most successful investor has a habit of spending 80% of his day reading.

He once said in an interview, “Look, my job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.”

What could be a better way to get into the mind of the most successful investor of our time than doing what he does with most of his time? You can learn a lot about various investment vehicles by reading what he does.

We’re going to take a look at a comprehensive list of books this prolific reader recommends that everybody should read – stay tuned for 20 Warren Buffett recommended books.

[Read more…]

Worthy Bonds Review: Earn 5% Interest

April 22, 2020 By Kevin | Just Start Investing

Bonds are often an integral part of a diversified investment portfolio. In our Worthy Bonds review, we’ll introduce you to a unique type of bond investment open to all investors. If a 5% interest is attractive to you, you’ll want to learn about Worthy Bonds.

How can a bond investment pay a 5% return in a zero interest rate environment? Here are a few of the reasons.

Skipping the middleman is a great way to deliver value to both consumers and sellers. It’s a business strategy that has been around for a while. Netflix does this with movie production – being both the producer and the distributor of films. Warby Parker is doing with glasses – sourcing glasses direct from manufacturers and making them available to consumers online for reasonable prices.

And now, it’s what Worthy Financial is doing with its Worthy Bonds platform.

Through Worthy, everyday people like you and I can purchase bonds funding small businesses and entrepreneurs that pay 5% interest. Instead of putting money in a bank and earning a measly 0.01% to 2.00% interest rate while they loan our money out for much more, we can get in on the action.

Of course, “getting in on the action” comes with added risk, but it’s an offering that we’ll dive into below.

This post was written in partnership with The Money Mix.

[Read more…]

Investing Blog

The Latest Blog Posts:

As Featured In:

Follow Us: