smart tips for investing
TRANSCRIPT
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Smart Tips for Investing
#CreditChatWednesdays | 3 p.m. ET
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Join our #CreditChat every Wednesday at 3 p.m. ET. This week, the community shared some tips about how to get
started and be smart with investing.
ex.pn/investing
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Why is investing important?
#CreditChatWednesdays | 3 p.m. ET
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Investing is important because it has the potential to create financial freedom. It can allow your hard-earned money to
keep up - or exceed - inflation.
#CreditChatWednesdays | 3 p.m. ET
Brad Sherman@shermanwealth
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Investing, when handled properly, can be a great way to accumulate
wealth and fund some of your long-term financial goals!
#CreditChatWednesdays | 3 p.m. ET
Leslie H. Tayne, Esq@LeslieHTayneEsq
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Investing is the best way to build savings for retirement.
“
#CreditChatWednesdays | 3 p.m. ET
”
Rod Griffin@Rod_Griffin
Investing is the best way to build savings
for retirement.
#CreditChatWednesdays | 3 p.m. ET
Rod Griffin@Rod_Griffin
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Investing gives you the opportunity to grow your money. It can create passive income streams and boost
your net worth.
#CreditChatWednesdays | 3 p.m. ET
Kasasa@Kasasa
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When should people start investing?
#CreditChatWednesdays | 3 p.m. ET
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Start investing ASAP - the sooner the better.
#CreditChatWednesdays | 3 p.m. ET
Debt Free Guys@DebtFreeGuys
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Always start investing as early as possible to reap the rewards of
compounded interest.
#CreditChatWednesdays | 3 p.m. ET
Brad Sherman@shermanwealth
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Start investing as soon as possible. Even a little adds up to a lot over a
long time.
#CreditChatWednesdays | 3 p.m. ET
Rod Griffin@Rod_Griffin
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Start early! Not only does this give you more potential to earn,
but if there is a learning curve get it out quickly!
#CreditChatWednesdays | 3 p.m. ET
Kasasa@Kasasa
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Matching contributions aside, typically investing begins after
an emergency fund is established and goals are
accounted for.
“
#CreditChatWednesdays | 3 p.m. ET
Douglas A. Boneparth@dougboneparth
”
Matching contributions aside, typically investing
begins after an emergency fund is
established and goals are accounted for.
#CreditChatWednesdays | 3 p.m. ET
Douglas A. Boneparth@dougboneparth
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What are different ways to invest?
#CreditChatWednesdays | 3 p.m. ET
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You can invest in stocks, bonds, mutual funds, CDs and more. You
can control it all or work with a broker.
#CreditChatWednesdays | 3 p.m. ETSoutheast Financial
@SFCUNews
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Start with your company’s 401k; Auto deduction, free money if
matched, and you don’t need to be an expert.
#CreditChatWednesdays | 3 p.m. ET
Rod Griffin@Rod_Griffin
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Investing in real estate is one of the most stable long-term investments
one can make!
“
#CreditChatWednesdays | 3 p.m. ET
”Wise Bread@Wisebread
#CreditChatWednesdays | 3 p.m. ET
CapWest Mortgage@CapWestMortgage
Investing in real estate is one of the most stable long-term
investments one can make!
#CreditChatWednesdays | 3 p.m. ET
CapWest Mortgage@CapWestMortgage
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#CreditChatWednesdays | 3 p.m. ET
It Pays Dividends @ItPaysDividends
Don’t forget about investing in yourself through conferences,
networking, extra education, etc.
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Invest in professional help. Don’t try to be an expert, just work with a
great one!
#CreditChatWednesdays | 3 p.m. ETRod Griffin
@Rod_Griffin
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What are some mistakes to avoid when investing?
#CreditChatWednesdays | 3 p.m. ET
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Avoid concentrating your investments in one place, especially your own
company’s stocks. Diversity is key.
#CreditChatWednesdays | 3 p.m. ETSoutheast Financial
@SFCUNews
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It’s important to know your risk tolerance, investment goals,
investment objectives, and time horizon.
#CreditChatWednesdays | 3 p.m. ETDebt Free Guys
@DebtFreeGuys
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#CreditChatWednesdays | 3 p.m. ET
Cinfed Credit Union @CinfedCU
Invest it and forget it - don’t jump off the ride when the market dips. It will come back. You just have to
wait.
#CreditChatWednesdays | 3 p.m. ET
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Don’t lose sight of common sense and be realistic of your financial
boundaries when investing.
#CreditChatWednesdays | 3 p.m. ETVouch
@vouch
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Make sure you pay attention to taxes and the tax implications of
your various investments!
#CreditChatWednesdays | 3 p.m. ET Brad Sherman
@shermanwealth
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Don’t buy cheap stocks just because they are cheap. They are
probably cheap for a reason.
“
#CreditChatWednesdays | 3 p.m. ET
” Cinfed Credit Union
@CinfedCU
Don’t buy cheap stocks just because they are cheap. They are probably cheap
for a reason.
#CreditChatWednesdays | 3 p.m. ET Cinfed Credit Union
@CinfedCU
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What are some simple ways to get started with investing?
#CreditChatWednesdays | 3 p.m. ET
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Podcasts can also be a great tool for learning about investing,
understanding the basics, and discovering what’s best for you.
“
#CreditChatWednesdays | 3 p.m. ET Leslie H. Tayne, Esq
@LeslieHTayneEsq
”Podcasts can also be a great tool
for learning about investing, understanding the basics, and
discovering what’s best for you.
#CreditChatWednesdays | 3 p.m. ET Leslie H. Tayne, Esq
@LeslieHTayneEsq
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Self-education. Plenty of blogs and books from the library. Start with
virtual trading to gain some practice.
#CreditChatWednesdays | 3 p.m. ET Cheapsters
@Cheapsters
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Easiest way to invest is through the workplace. Sign up for 401k or
open an IRA.
#CreditChatWednesdays | 3 p.m. ET Jamie Kalamarides
@kalamarides
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Talk with a good adviser. They can help determine strategies that fit
our personality and goals.
#CreditChatWednesdays | 3 p.m. ET
Rod Griffin@Rod_Griffin
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How do you decide how much should go toward investing vs. paying off debt?
#CreditChatWednesdays | 3 p.m. ET
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Pay off debt - then invest.
“
#CreditChatWednesdays | 3 p.m. ET
”
Cinfed Credit Union@CinfedCU
Pay off debt - then invest.
#CreditChatWednesdays | 3 p.m. ET
Cinfed Credit Union@CinfedCU
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If your company matches, always invest at least to the match. Use
the rest to pay down debt.
#CreditChatWednesdays | 3 p.m. ET
Rod Griffin@Rod_Griffin
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It’s generally a good rule of thumb to save the heavy investing until
after you’ve paid off debt.
#CreditChatWednesdays | 3 p.m. ET
Kasasa@Kasasa
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Difficult, personal choice, but have no credit card debt and your
emergency fund before investing!
#CreditChatWednesdays | 3 p.m. ET
Cary Carbonaro, CFP@CaryCarbonaro
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Have an emergency fund, pay off credit card debt, and then look at risk tolerance to decide investing
vs. paying off other debt.
#CreditChatWednesdays | 3 p.m. ET Kevin C. Swanson
@kevincswanson
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Any final tips for those interested in investing or making more investments?
#CreditChatWednesdays | 3 p.m. ET
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The earlier you start, the more mistakes you can make and still
end up on your feet. Fail early for future success!
#CreditChatWednesdays | 3 p.m. ET
Compare Cards@CompareCards
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Educate yourself and don’t be afraid of making a mistake or two along the
way.
#CreditChatWednesdays | 3 p.m. ETSoutheast Financial
@SFCUNews
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There is no better day than today to invest. Procrastination is not
wise when it comes to investing.
“
#CreditChatWednesdays | 3 p.m. ET
Cary Carbonaro, CFP@CaryCarbonaro
”There is no better day than today to invest. Procrastination is not
wise when it comes to investing.
#CreditChatWednesdays | 3 p.m. ET
Cary Carbonaro, CFP@CaryCarbonaro
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Don’t try to time the market. Investing is about TIME IN the
market not TIMING the market.
#CreditChatWednesdays | 3 p.m. ET
Debt Free Guys@DebtFreeGuys
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