Friday, October 16, 2015

Investing Wisely

Everyone should be investing for their future - not only with education and math, as has been the focus of recent posts, but also with their money.  There has been lots of news about bears and bulls, who's making big salaries off investments, and more.  We get tired of hearing about how much we should be investing, what are good investments (or not), and even being 'pushed' into options based on our age.

But what if you invested your money with your heart instead of your head?  What if you picked something because you liked the "look" of it?  Have you invested in a company because you like what they make and the way in which they make it?  Perhaps they are environmentally conscious or they may invest back into the community for projects near to your heart.  Good reasons to check the investment box.

If you live as you believe, then it truly fits to put money where your mouth is - your wallet should align to what you say to others "matters most" to you, so you aren't just talking a good game.  If you believe in using in environmentally products, shouldn't you consider the stocks in which you are investing, so it's not preaching about projects that are good enough for cocktail conversation but not having other support from you?

While experts make good recommendations, you should always make choices based on your comfort level.  You never know when your $2.00 will yield $5,000,000 after a one year investment - and you picked it just because you liked it.  And, that is some good math right there!

http://www.npr.org/sections/thetwo-way/2015/10/15/448993361/-2-photo-found-at-junk-store-has-billy-the-kid-in-it-could-be-worth-5-million