Earlier this week, I was going through my normal monthly routine of updating a spreadsheet with my net worth as of August 1st. This is a quick process that usually takes less than 30 minutes a month to do, but one that I find incredibly valuable. If you are not yet tracking your net worth, […]
Brokerage Account Guide: How to choose your investing account
The first step that you need to take to begin investing, is to open an investment brokerage account. An investment brokerage account is similar to a bank account but instead of simply holding cash in the account, you are able to use the money you deposit to purchase investments. Some banks offer brokerage services in […]
Rate of Return – The difference between $2k and $1.4 million
Rate of return of is one of the three most important factors that determine how much money you make investing. The other two are your expenses and your risk of loss, which are both closely related to rate of return. In our previous post, we discussed compound interest and how earning interest on your interest is […]
Budgeting for Investments: A key factor in your success
Budgeting for investments is critical to becoming a successful investor. Without a clear budget that defines how much and how often you are going to contribute to your investment portfolio, you will find it difficult to make continuous gains in your net worth. In this post we’ll discuss: The relationship between budgets and investing Automating […]
What to expect at DIY Investing.org
Hello and welcome to DIY Investing.org! This is my first blog post, so I thought I would outline what you can expect when you visit my blog in the future. If you’re reading this, you are one of my first visitors and I am glad to have you here. I have a lot of great […]