Resources from "Investing Sense"
Each week, we take calls from people who want
more information about how to approach investing in a sensible
manner. Because many of the questions are similar in nature, we've
created and will continue to add to a reading list for those wanting
to learn the rights and wrongs to investing.
The books are available at most bookstores (brick-and-mortar
plus their online presence) as well as on Amazon.com.
- The Total Money Makeover, by Dave Ramsey
- The Richest Man in Babylon, by George S. Clason
- The Automatic Millionaire, by David Bach
- Napoleon Hill’s “A Year of Growing Rich,” by Napoleon Hill
- The Five Major Pieces to the Life Puzzle, by Jim Rohn
Check back here every so often to catch new or updated links to
articles related to some of the topics you hear us talk about
every Saturday on "Investing Sense."
Each Saturday, we may focus on one concept more than others,
and we typically elaborate on these ideas within our weekly market
commentary.
5.5.2007
The
psychological challenges of investing. (PDF)
Curious about your financial situation? Check out these financial
calculators to learn more and begin the process of planning for
your current and future fiscal independence!
We may refer to one of the following during the weekly Saturday
broadcasts. Click through to learn more and use these investment
tools for your own financial planning.
Bureau of Labor Statistics Inflation Calculator
As with any important endeavor, you really have to be careful
with your investing. What should you look for in an investment?
Better yet, what should you avoid at all costs?
Below are some of the more pertinent Investor Alerts and articles that we
have collected from various sources including-but not limited to-the
Wall Street Journal and the website for the National Association
of Securities Dealers (NASD). Read more, and arm yourself with
knowledge!
Each week, Denny talks about how to access and sort through the
Morningstar website. Now, you really can obtain decent research
information about your mutual funds. Here’s what you need to do:
- Click to www.morningstar.com.
- In the top menu bar, click Funds.
- In the left-hand margin column, click Instant X-Ray.
- Enter each fund’s ticker symbol in the field(s), one ticker
per field (left column).
- Enter the holding value (in dollars) for each mutual fund
(right column). (Note: The total dollar value of the portfolio
should appear in the field at the bottom.)
- Click Show Instant X-Ray.
And that’s it! You’re now well on your way to getting the solid
financial information about your investments that is so vital within
the portfolio decision-making process.