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

Tuesday, March 4, 2008

Find money to invest in the Market.....

Many folks spend their time in making extra money rather than spending some extra time in saving money where it is frivolously spent. It is like pouring more water in a bucket that has holes. Here is a website (www.connectutilities.com) where you can enter your address information to determine if you are paying too much for utilities. Even if you don't want to change providers, you can always use these numbers as negotiating tool to lower your service bill with current provider.

Use this extra $30, $40 or more to invest in the market on a monthly basis.

Buy to hold..

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