Investing in the stock market: the risk-averse saver
I have always been a good saver and back in the pre-recession days (of 2007) I enjoyed the benefits of getting a whopping 6% interest. Not bad for low/no risk investment.
But since the crash, rates have never recovered and you are lucky to get a saver that offers 1.5 percent. I felt like I was being punished for being a saver – watching my money gradually lose value against the rate of inflation. I decided rather than blaming the system, I should start pursuing other options.
The stock market always made me feel a touch cautious, the fact that money I invested – my hard earned money, could be less or even disappear completely was daunting.
The media didn’t help either, quick to report when the share prices dropped (but not so much when it recovered) and trading websites were overloaded with ‘expert’ analysts using confusing terminology saying why a stock was a poor investment, it all seemed confusing.
I decided after sitting on the fence to make a relatively small investment that would not impact my life if things were to go bad. And with that, I made the jump into the world of investing.
Continue reading “Investing in the stock market for the first time: a retrospective (Part 1)”
Today I am pleased to announce that I have done my first post my first collaboration post with Angie over at Confessions of an Awakened Youth – a blog focused on blog focuses on self-improvement, mental and physical wellness, and spirituality.
For this collaboration, we challenged ourselves to write a post on a set topic – our focus was on “Getting over the fear of failure.”
Here is my effort below. Please let me know any thoughts and comments below and don’t forgot to check out Angie’s work afterwards (link at the bottom)
Continue reading “Life Experience: a natural cure to get over fear of failure”
Of all the past mistakes I have made in my life, I don’t regret a single one because if I hadn’t made them I wouldn’t be who I am today.
Don’t live life with regrets, dwelling on mistakes or failures. The past is the past – so learn from mistakes and move on. The only second chance we get is each new day. Make the most of each one!
Acquaintances may be friends of friends, people you work with, neighbours, professionals.
You may not say hello to them if you saw them in the street and you probably wouldn’t rush to help or give them a shoulder to cry on.
They may be the same to you, however sometimes their advice is the most valuable:
They are not part of your friends network, so they offer a fresh perspective. Continue reading “The Wisdom of aquentances”