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sabrinamariCheck these out:
Podcasts
Creating Wealth on Your Current Income - far ranging, VERY USEFUL, starts at the beginning of every topic:no previous knowledge required. Episodes last 20-30 minutes. Listed on iTunes.
Money Girls' Quick and Dirty Tips for a Richer Life - A nice short way to ease in. Episodes are 5-7 minutes long. Topics vary widely and most are very useful. Does not provide comprehensive knowledge, but gives you stuff you can use in a painless way. On iTunes.
Money-Guy.com - Also reasonably useful: still exploring this one. Episodes are 1 hour long. He's just started a series on "How to Invest" designed to teach listeners all of the basics over several episodes. On iTunes.
Free Comprehensive Training in Investing
Morningstar.com's 'Investing Classroom' rocks: scroll down near the bottom of the morningstar home page and look for the "Learn" link. The classes are right there, divided by topic area.
These are free and REALLY, REALLY GOOD. It's a brilliant idea: a series of mini-online courses---each one tiny, taking 5-10 minutes to work through---and set up to follow each other in a successively in-depth fashion. There are 4 sections:
Stocks
Mutual Funds
Bonds
Portfolio
Each mini-class is well-written and pretty easy. You basically need to know how to read to understand them. Only the 300-400 level 'Stocks' classes are hard so far, and I've completed all of them except the Bonds classes. The 300-400 level Stocks classes require some math skills. But I made it through them, so you will, too.
The easiest way to do these courses, IMHO:
Start with Mutual Funds, not Stocks. Or you could start with Portfolio. Then go to Stocks, then Bonds.
It's easier this way.
*Do not pay money* for classes on investing. Take Morningstar's free classes online. At least two of the sections are built from introductory books they wrote on these topics. I know this because I had just read their Mutual Funds intro book when I started the Mutual Funds courses, and I saw all the same examples and discussions in both the book and the classes. Doing these courses is like reading an intro text to each subject, only doing it at your own pace, a little bit at a time.
Every mini-course has a 5-point quiz at the end. You can re-take the quiz as many times as you like. If you create a login, Morningstar will track your points and you can accumulate them, trading them for books, materials and even newsletters that normally cost above $60 a year. I am saving up my points for their StockInvestor newsletter, for example.
The best things I did to learn about money and gain a great deal of control over my life:
I did the Morningstar courses described above.
I bought a Premium Morningstar membership (you can get a free trial of several weeks or save up course points for a free six-month membership---I highly recommend the latter approach) and then started reading the Premium member-only articles and fund/stock analyses.
I started listening to the "Creating Wealth on Your Current Income" podcast.
I subscribed to "MyFico.com" and got very familiar with my FICO score and credit reports. You can get a free trial of MyFico, see your score and reports and then cancel the subscription if you want to. Knowing and understanding my FICO really helped me.
If you do even one of these things you will greatly enhance your power in this world. Knowledge is power, and understanding element Money translates into alot more freedom.
Because money in your bank accounts manifests as freedom in your life.
Podcasts
Creating Wealth on Your Current Income - far ranging, VERY USEFUL, starts at the beginning of every topic:no previous knowledge required. Episodes last 20-30 minutes. Listed on iTunes.
Money Girls' Quick and Dirty Tips for a Richer Life - A nice short way to ease in. Episodes are 5-7 minutes long. Topics vary widely and most are very useful. Does not provide comprehensive knowledge, but gives you stuff you can use in a painless way. On iTunes.
Money-Guy.com - Also reasonably useful: still exploring this one. Episodes are 1 hour long. He's just started a series on "How to Invest" designed to teach listeners all of the basics over several episodes. On iTunes.
Free Comprehensive Training in Investing
Morningstar.com's 'Investing Classroom' rocks: scroll down near the bottom of the morningstar home page and look for the "Learn" link. The classes are right there, divided by topic area.
These are free and REALLY, REALLY GOOD. It's a brilliant idea: a series of mini-online courses---each one tiny, taking 5-10 minutes to work through---and set up to follow each other in a successively in-depth fashion. There are 4 sections:
Stocks
Mutual Funds
Bonds
Portfolio
Each mini-class is well-written and pretty easy. You basically need to know how to read to understand them. Only the 300-400 level 'Stocks' classes are hard so far, and I've completed all of them except the Bonds classes. The 300-400 level Stocks classes require some math skills. But I made it through them, so you will, too.
The easiest way to do these courses, IMHO:
Start with Mutual Funds, not Stocks. Or you could start with Portfolio. Then go to Stocks, then Bonds.
It's easier this way.
*Do not pay money* for classes on investing. Take Morningstar's free classes online. At least two of the sections are built from introductory books they wrote on these topics. I know this because I had just read their Mutual Funds intro book when I started the Mutual Funds courses, and I saw all the same examples and discussions in both the book and the classes. Doing these courses is like reading an intro text to each subject, only doing it at your own pace, a little bit at a time.
Every mini-course has a 5-point quiz at the end. You can re-take the quiz as many times as you like. If you create a login, Morningstar will track your points and you can accumulate them, trading them for books, materials and even newsletters that normally cost above $60 a year. I am saving up my points for their StockInvestor newsletter, for example.
The best things I did to learn about money and gain a great deal of control over my life:
I did the Morningstar courses described above.
I bought a Premium Morningstar membership (you can get a free trial of several weeks or save up course points for a free six-month membership---I highly recommend the latter approach) and then started reading the Premium member-only articles and fund/stock analyses.
I started listening to the "Creating Wealth on Your Current Income" podcast.
I subscribed to "MyFico.com" and got very familiar with my FICO score and credit reports. You can get a free trial of MyFico, see your score and reports and then cancel the subscription if you want to. Knowing and understanding my FICO really helped me.
If you do even one of these things you will greatly enhance your power in this world. Knowledge is power, and understanding element Money translates into alot more freedom.
Because money in your bank accounts manifests as freedom in your life.
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Date: 2007-06-20 10:29 pm (UTC)no subject
Date: 2007-06-22 01:48 pm (UTC)Your comment made my week.
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Date: 2007-06-21 02:15 am (UTC)Thank you, sweetie!
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Date: 2007-06-22 01:49 pm (UTC)I'm glad we (you and I) talked so that I could clear this up.
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Date: 2007-06-21 03:09 pm (UTC)no subject
Date: 2007-06-22 01:50 pm (UTC)