Personal Finance
Money is like love; it kills slowly and painfully the one who withholds it, and enlivens the other who turns it on his fellow man
Kahlil Gibran
Successful personal finance necessarily means successful investing
In today's fast paced modern world, people can't sit still and expect to build, grow, or even maintain wealth without exposing their capital to some levels of risk. This means investing. Whether you're investing in stock, mutual funds, and ETFs via your job's 401k plan, building a real estate portfolio, or buying cryptoassets, some sort of investing (real investing -- not speculating) is required.
But, before you start investing, it's important to know what investing really is and what it's not. There's no need to reinvent the wheel here - a ton of great research and writing exists on successful investing.
But, before you start investing, it's important to know what investing really is and what it's not. There's no need to reinvent the wheel here - a ton of great research and writing exists on successful investing.
Get grounded in investing fundamentals, if you don't already know them
If you already know the basics of investing fundamentals -- as in the piratical aspects of investing today -- don't waste your time going over them again.
But, if you're unsure, a basic grounding of investing principles such as the importance of rates of return, common financial products, and common investing mistakes could prove quite useful in the long term. There's nothing profound here, but a healthy dose of basics should almost always be welcome.
But, if you're unsure, a basic grounding of investing principles such as the importance of rates of return, common financial products, and common investing mistakes could prove quite useful in the long term. There's nothing profound here, but a healthy dose of basics should almost always be welcome.
Plenty more on Pennies and Pounds...
There are plenty more personal finance pieces on Pennies and Pounds - check out the menu up top and come back often for updates and fresh content
Pennies and Pounds is a site dedicated to your financial well-being. From saving, investing, and earning more income, we've got great financial content covering the spectrum of modern personal finance. This site's goal is to be more than just a regular personal finance site - we want to be an all-encompassing place for all things finance-related including topics such as earning more money, saving more money, investing better and more effective ways, planning for your financial future properly, and appreciating what you have now.
And now, given the rise of cyrptocurrencies and crypto assets to quasi-mainstream financial assets, we're dedicated to providing quality, relevant, and interesting material on cryptocurrencies and cryptoassets. Articles on Bitcoin, Ethereum, Ripple, Cardano, and many more cryptocurrencies and cryptoassets can be found on Pennies and Pounds - all that in addition to a plethora of information on what cryptoassets are, how the entire crypto industry came to be, blockchain/immutable ledger technology, mining, proof of work, proof of stake, and how to prudently invest in crypto if you are so inclined (based on your risk tolerance and ability to withstand the volatility that will come with a crypto portfolio).
And now, given the rise of cyrptocurrencies and crypto assets to quasi-mainstream financial assets, we're dedicated to providing quality, relevant, and interesting material on cryptocurrencies and cryptoassets. Articles on Bitcoin, Ethereum, Ripple, Cardano, and many more cryptocurrencies and cryptoassets can be found on Pennies and Pounds - all that in addition to a plethora of information on what cryptoassets are, how the entire crypto industry came to be, blockchain/immutable ledger technology, mining, proof of work, proof of stake, and how to prudently invest in crypto if you are so inclined (based on your risk tolerance and ability to withstand the volatility that will come with a crypto portfolio).
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