Shoebox Investor

What is a shoebox investor? An investor who generally pays himself first. The idea is that any money you can store in a shoebox or piggy bank, should be invested in the market. It is not how much you invest, it is the time value of money you should focus on. The earlier you put the money in the market, the longer you keep it in, the higher the chances of reaping the benefits of accumulating dividends. The reinvested dividends will buy you more shares.

Pay yourself first

Wednesday, February 13, 2008

Looking for a discount Brokerage firm?

Given the number of sites on the web regarding dollar cost averaging, I decided to discuss one of the brokerage firms that provide such service.. You can purchase stock and mutual funds on a monthly basis. There are lots of these types of firms out there, but cost associated for each transaction can add up. You may want to check out a discount broker for such use as DCA.. I recommend Sogotrade.

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