Investing can be very intimidating to get started. While it is not a good idea for the typical investor to buy individual stocks, mutual funds and index funds are a great way to buy into the market for instant diversity at a low cost.
I have always been a fan of automated savings, but sometimes getting things setup can be a challenge. How much should I save? How often should transfers take place? Do I enter a fixed dollar amount or a percentage? How do I know I will not accidentally overdraft my accounts? Thanks to a new service
A few months back, I shared a great new investing platform at Loyal3. Loyal3 offers retail investors (that means you and me, not super high volume traders) a way to buy stocks in companies we believe in and use every day with no trading fees. I thought it was too good to be true, so
I have recently shared ideas to make an account inventory, track everything in one place, create your first budget, and start saving for retirement. I kept mentioning automation. Now that you have a good understanding of your money, it is time to automate it to save you time, money, and headache.