Scott Moize Jr.

Great Western Home Loans

  • Home
  • About
    • About Scott
    • Privacy Policy
    • Site Security
  • Resources
    • Calculators
    • First Time Home Buyer Tips
    • First Time Home Seller Tips
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Mortgage FAQ
    • Mortgage Glossary
  • Testimonials
    • Client
    • Agent
  • Blog
  • Apply
  • Contact

Smart Tips for Beginning Investors

June 25, 2012 by Scott Moize Jr.

Stock Market InvestingSo you have reached the point where you have some money in savings that you want to keep for the long term future.

However, you realize that putting it in your run of the mill savings account will likely result in its compound interest rates barely keeping up with inflation.

You are willing to accept a little bit more risk in return for a higher reward and you are interested in investing in the stock market.

Investing can be intimidating for the beginner and there is a lot to learn about the world of stocks and bonds.

Here are a few things to remember when you are first starting out:

Educate Yourself

Investing in the stock market is very complex and there is a lot to learn about the different techniques, terminology and types of investments.

Before you start sinking in your cold hard cash, you will want to do as much research as possible so that you can make informed decisions.

Speak to those who have experience investing, read about investing online and in books or even sign up for an introductory course.

Do a Trial Run First

If you want to practice investing in the stock market to get the hang of it before you commit your money, you can use fake dollars in an online stock market simulator.

This is a great way to practice trading and get an idea of how stocks and bonds work before you choose your real investments.

Put Your Eggs in Many Baskets

Diversification is a key to a successful portfolio, which means that you should never invest all of your money into one stock.

If all of your eggs are in one basket, that particular stock could perform poorly and you could be out of luck.

However, if your assets are divided amongst many different types of investments if one fails then the successes of the others will balance it out.

Don’t Forget Your Emergency Fund

Remember that you should never consider investing until you have adequate savings in your emergency fund.

You should have at least 3-6 months of savings in an easily accessible savings account in the event that you get injured or ill, lose your job, or some other unexpected expense comes along.

If all of your savings are tied up in the stock market, you will have no safety net to help you in this situation.

These are a few things to remember when investing for the first time. Good luck and have fun!

Filed Under: Personal Finance Tagged With: Financial Planning, Investing, personal finance, Retirement, Wealth

Scott Photo

Contact Scott


Mortgage Sales Manager

Call (214) 755-5307

NMLS #595311
Servicing Texas
Logo
CLICK TO APPLY →

Connect with Scott

Have a Question?

  • This field is for validation purposes and should be left unchanged.

Consumer Compliant & Recovery Fund Notice

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.

Browse Articles by Category

Recent Articles

  • S&P Case-Shiller Home Price Indices: Home Prices Fall In November
  • Is It Worth It to Put More Than 20 Percent Down?
  • What You Need To Know About A Closed-End Second Mortgage
  • What’s Ahead For Mortgage Rates This Week – January 30, 2023
  • Getting A Mortgage When Self-Employed: What You Need To Know
Scott Moize - NMLS# 595311
First United Mortgage Group
NMLS #400025
This is not a commitment to make a loan. Loans are subject to borrower and property qualifications. Contact loan officer listed for an accurate, personalized quote. Interest rates and program guidelines are subject to change without notice.
First United Mortgage Group is an Equal Housing Lender.
EQL Logo
NMLS Consumer Access

Our Location


One Lincoln Park
8750 N. Central Expressway
Suite #930
Dallas TX, 75231

Copyright © 2023 · Powered by MySMARTblog