The Main Investing Principles That Are Critical For Every Market Participant to Know: Investing can be an extremely confusing undertaking for most people. It's safe to say that the average individual doesn't even know where to begin when it comes to properly building a long-term portfolio. In fact, most people are so afraid of investing that they completely avoid and ignore the reality of it. And the harsh reality is that in most cases we can't simply earn our way to financial freedom through our own efforts. We have … [Read more...]
Top 10 Quotes About Investing Mindset From Unshakeable By Tony Robbins
Best Investing Mindset Quotes From Unshakeable - Learn How to "Silence the Enemy Within": The single biggest threat to your financial well-being is your own brain...It’s just that the human brain is designed to make dumb decisions when it comes to investing. You can do everything right - invest in low-cost index funds, minimize fees and taxes, and diversify intelligently. But if you fail to master your own psychology, you may ultimately become the victim of a costly form of financial self-sabotage. The … [Read more...]
What is Compound Interest? The Eighth Wonder of the World
"He Who Understands it, Earns it. He Who Doesn't, Pays it". - Albert Einstein Compound Interest was dubbed "The Eighth Wonder of the World" by Albert Einstein, so you better believe it's a critical concept to understand. Essentially, there are two forms of interest - Simple Interest & Compound Interest. Simple interest is earned on a percentage of the principal only. Compound interest, on the other hand, is earned on both the principal and accumulated interest from previous periods. As a result of compounding … [Read more...]
What is an Index Fund?
Index Funds Are Built to Track a Market Index, Such as the S&P 500 or Russell 2000: Instead of investing in your own hand-picked, diverse group of individual stocks in your long-term portfolio, it might be wise to consider Index Funds. Such funds are built to match or track an entire market index, such as the S&P 500 or Russell 2000, and offer an attractive passive form of investing that is both simple and efficient. Not only do index funds offer broad market exposure, but the passive nature of them reduces … [Read more...]