Chapter 4. Weighing the Pros and Cons of Simple Investment Options
IN THIS CHAPTER:
Understand how basic investments work
Identify your investment personality
Select the right types of investments
You’ve set financial goals. You’ve also started eliminating debt from your financial life. This chapter marks the start of a big turnaround. We’ll show you how to proceed full-speed ahead toward reaching your financial goals. There’s a trump card that can go a long way toward getting you there. It’s called investing. But to use this tool correctly, you need to fully understand how it works.
To many people, investing is a scary word. We can recall our late grandfather shying away from any investment in which the value could fluctuate. To him, it all represented ...