Worried About Investing?
Are you worried about investing? If you are like most US residents the answer is probably yes. Based on a survey only 2 out of 3 US citizens have a savings or retirement account. That is a third of the population. Now obviously saving is not investing. The point is that is if a third of American isn't saving they are probably not investing either, as the two usually go together.
Here is a quick way to begin investing - ETFs or Exchanged Traded Funds. Please understand, I am not saying that this is the best way to invest but it is a quick way, let me show you how. These funds are securities that track a particualr index or commodity. For instance let's say use want to invest in gold, you would look up the ticker symbol GLD and see how the gold index is doing. Please understand that the values of these ETFs change rapidly so it is always good to do two things:
Are you worried about investing? If you are like most US residents the answer is probably yes. Based on a survey only 2 out of 3 US citizens have a savings or retirement account. That is a third of the population. Now obviously saving is not investing. The point is that is if a third of American isn't saving they are probably not investing either, as the two usually go together.
Here is a quick way to begin investing - ETFs or Exchanged Traded Funds. Please understand, I am not saying that this is the best way to invest but it is a quick way, let me show you how. These funds are securities that track a particualr index or commodity. For instance let's say use want to invest in gold, you would look up the ticker symbol GLD and see how the gold index is doing. Please understand that the values of these ETFs change rapidly so it is always good to do two things:
Do your homework - ETFs are great but you want to track the past progress of these funds to see if they are a good fit for you.
Ask a professional - speak with a financial planner regarding your investment in ETFs.