|
Trying to earn money and keep that earned money is the subject of Stocks, Investments, and Finance.
There are different subjects under the title of Stocks and Commodities, there are long term investments, day trading, bonds verses stocks, stocks verses commodities, stock brokers, stock traders, big investors, small investors, penny stocks, and the list goes on. There are plenty of web sites and articles on Stocks and Commodities, here I am just touching on some interesting points.
Your Children's Future
Investopedia - Retirement Savings Plans For Kids
eHow Money - How to Buy Stocks For A Child's Future
LiveStrong - How To Invest For Child's Future
Fidelity - 3 Ways to Save For Your Child's Future
Stocks, Bonds & Commodities
When trading stocks, it is important to read what a company's policies are, there can be a big difference in costs. What are the fees for each trade, are there a minimums or maximums, a base monthly fee, and so on.
How To Trade Stocks - What Is The Difference Between Stocks And Bonds?
eHow Money - Difference Between Stocks & Commodities
Savings Secrets - Top Stock Trading/Brokerage Firms
Yahoo! Finance - 02/01/12 - Facebook’s IPO: What to Know Before You Buy
Investopedia - The Lowdown On Penny Stocks
Investopedia - I have only $500 to invest, am I limited to buying only penny stocks?
Huge Upside Stocks - List of Penny Stock Investment Firms such as SpeedTrader.
Buy Penny Shares - Penny Stock Brokers
Finances
Choose to Save - The Magic of Compounding
Inspired to Save - Compound Interest Calculator
Yahoo! Finance - Start With $10,000 and Retire a Millionaire
Yahoo! Finance - Thieves Swipe Debit Card Data
Mind Your Finances - The Power of Compound Interest
Very amazing results, go to the web site and see the chart. In the example, Darryl's IRA earns 12% per year. Darryl saves $2,000 per year for six years, then never puts another cent into his IRA. Cheryl spends her $2,000 per year for six years. After that time, she invests $2,000 per year until she is 65 years old (37 years). Cheryl earns the same 12% interest per year that Darryl does. Keep in mind, Darryl's total investment is $12,000 ($2,000 per year for the first six years), while Cheryl's is $74,000 ($2,000 per year for the last 37 years).
|