The Investing Path

Learn the Do's and Don'ts of Investing. Take the Right Path.

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Invest Often

Make investing part of your routine.  Instead of waiting until you have lots of money saved (which almost never happens), start investing a small amount each week, each paycheck or even each day.  You can find lots of programs from companies that allow you to invest small amounts of money each week in their stock or mutual funds without charging any transaction fees.  Invest as often as you can.  Don't just think about investing at the end of each year or during tax time.  Make it a part of your thinking each time you make a money decision.  Think about giving up that $2 cup of coffee and putting the money in your savings account.  If you have a 401K or other plan through your job, take advantage of it.  The money will barely creep in at first, but once it starts growing it just keeps growing and compounding faster and faster.

The Do's / The Right Path The Don'ts / The Wrong Path
Invest Early Don't Try to Time the Market
Invest Often Don't Trade
Understand the Compounding Effect of Money Don't Procrastinate
Find More Ways to Save Money Don't Give Up
Diversify Your Investments Don't Use Margin
Start With Simple Investments and Expand Don't Chase Hot Stocks or Sectors
Have a Financial Plan Don't Speculate
Manage Investment Expenses and Fees Don't Make Large Bets
Invest to Reduce Taxes Don't Use a Financial Planner
Invest Overseas Don't Be Too Conservative
Stick With It Don't Watch Too Closely
Learn to Do Your Own Research Don't Keep a Loser
Be Objective Don't Use Technical Analysis
Invest Don't Trade Don't Dip Into Your Savings / Investments
Sell if Fundamentals Change