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	<title>Investing Toolkit &#187; Investing Tips and Education</title>
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		<title>Use Great Stock Brokers &#8211; Invest In Yourself Part 3</title>
		<link>http://investingtoolkit.com/use-great-stock-brokers-invest-in-yourself-part-3/</link>
		<comments>http://investingtoolkit.com/use-great-stock-brokers-invest-in-yourself-part-3/#comments</comments>
		<pubDate>Fri, 28 May 2010 21:41:45 +0000</pubDate>
		<dc:creator>lorie</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>
		<category><![CDATA[Investment Products]]></category>
		<category><![CDATA[Investment Resources]]></category>
		<category><![CDATA[stock brokers]]></category>

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		<description><![CDATA[In the previous posts, we talked about how important it is to invest in software that would help us manage our finances and investments, as well as continued learning experiences for our continued growth. Today, we&#8217;ll talk about another equally crucial investment: investing in the right, great stock broker to help you keep your money [...]<p><a href="http://investingtoolkit.com/use-great-stock-brokers-invest-in-yourself-part-3/">Use Great Stock Brokers &#8211; Invest In Yourself Part 3</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
]]></description>
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<p>In the previous posts, we talked about how important it is to invest in software that would help us manage our finances and investments, as well as continued learning experiences for our continued growth. Today, we&#8217;ll talk about another equally crucial investment: investing in the right, great stock broker to help you keep your money revolving, even as you sleep.</p>
<p><strong>Crucial Investment #3: Great Stock Brokers</strong></p>
<p>We&#8217;ve already worked towards finding the right tools to manage our financial flow. We&#8217;ve also worked towards constantly upgrading our skills and our knowledge for our business and career. Now, we should work towards finding the right people or tools to help us create our passive income flow. We&#8217;re now about to explore our options for great stock brokers!</p>
<p>First up, your stock brokers need to be:</p>
<ul>
<li>Trustworthy</li>
<li>Excellent at 	what they do</li>
<li>Would 	customize your portfolio and match this with you: who you are, and 	your personality as a trader.</li>
</ul>
<p>Great stock brokers need not be from the top brokerage firms. You just have to find the right gems and be willing to pay the price they command for their expertise. However, people like these are hard to find, but great online brokers, discount brokers and investment websites are available.</p>
<p>Online brokers like TradeKing would help you get started on your stock portfolio without the hassle and the wallet drain of human brokers. Other options would include Zecco, Etrade, Scottrade, OptionsHouse and OptionsXpress. These are my top picks according to ease of use and value for money.</p>
<p>If you&#8217;ve read Rich Dad, Poor Dad by Robert Kiyosaki, then you understand the urgency of why you need passive income. And as the rest of life teaches us, trustworthiness and reliability are equally important. Thus, if you are thinking about investing, choose a (human) stock broker that you can trust with your life, so that you can trust him with your investments, or if you are thinking about working on the investments yourself, then choose an online stock broker service that you can count on. Trust that my picks are the best around, and if you&#8217;re not yet convinced, here&#8217;s the link for a full review of the Best Online Stock Brokers For Cheap Stock Trades.</p>
<p style="text-align: center">***</p>
<p>Investing is not just about #3. It&#8217;s all about #1 and #2 as well. Investing is a holistic exercise in constantly putting your resources into what will bring returns to your career or to your business. So, invest in the right places, and see your career/business soar!</p>
<p style="text-align: center"><strong>***<br />
</strong></p>
<p><strong>Other articles in this series:</strong></p>
<p><a title="Invest in Great Budgeting Software: Invest In Yourself Part 1" href="http://investingtoolkit.com/invest-in-yourself-part-1-invest-in-great-budgeting-software/">Invest in Great Budgeting Software: Invest In Yourself Part 1</a></p>
<p><a title="Invest In Your Continued Learning - Invest in Yourself Part 2" href="http://investingtoolkit.com/invest-in-yourself-part-2-invest-in-your-continu/">Invest In Your Continued Learning &#8211; Invest in Yourself Part 2</a></p>
<p><strong><br />
</strong></p>
<p><strong>Resource List:</strong></p>
<p><a title="Discount Brokers - Learn How To Trade On Your Own" href="http://www.squidoo.com/investment-options-online-investment-accounts-and-online-discount-brokers">Discount Brokers &#8211; Learn How To Trade On Your Own</a></p>
<p><a href="http://investingtoolkit.com/use-great-stock-brokers-invest-in-yourself-part-3/">Use Great Stock Brokers &#8211; Invest In Yourself Part 3</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>Invest In Your Continued Learning &#8211; Invest in Yourself Part 2</title>
		<link>http://investingtoolkit.com/invest-in-yourself-part-2-invest-in-your-continu/</link>
		<comments>http://investingtoolkit.com/invest-in-yourself-part-2-invest-in-your-continu/#comments</comments>
		<pubDate>Fri, 28 May 2010 21:40:34 +0000</pubDate>
		<dc:creator>lorie</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>
		<category><![CDATA[Investment Resources]]></category>

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		<description><![CDATA[In the last post, we discussed about how great budgeting and personal finance software would benefit you by helping you manage your finances and even your investments. In this post, we&#8217;ll talk about investing in education, in order to keep upgrading YOU. Crucial Investment #2: Continued Growth and Education While getting an MBA would definitely [...]<p><a href="http://investingtoolkit.com/invest-in-yourself-part-2-invest-in-your-continu/">Invest In Your Continued Learning &#8211; Invest in Yourself Part 2</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p><!-- 		@page { margin: 2cm } 		P { margin-bottom: 0.21cm } -->In the last post, we discussed about how great budgeting and personal finance software would benefit you by helping you manage your finances and even your investments. In this post, we&#8217;ll talk about investing in education, in order to keep upgrading YOU.</p>
<p><strong>Crucial Investment #2: Continued Growth and Education</strong></p>
<p>While getting an MBA would definitely be a feather in your cap, constantly learning and getting educated, continually, in your field is more than that. When I say that you need to continually grow and be educated in what you do, you don&#8217;t need to go out and secure a degree for yourself. All you really need to do is to find those opportunities to learn more and grab them.</p>
<p>Learning opportunities could be as close to you as the nearest bookstore, the nearest convention center in the local malls, or even your bedroom. Yes, webinars were hot, and if you want to keep growing, you shouldn&#8217;t care if the fad has passed. If the webinars offered seem relevant to your career or business, why not drop in and make the most out of free or affordable resources on the Web?</p>
<p>Here is an informal list of where you can find great ways to learn new things, or to at least add to what you know about your field of expertise:</p>
<ul>
<li>Through books 	that you can buy, either at your local bookstore, or online, via 	Barnes and Noble, Amazon, and even the eBook stores, like Amazon 	Kindle and the iPad Bookstore (iBook Store). There are even some 	titles that you can have for free. There are some websites that 	offer condensed versions of their products/books, so you can 	actually “Try before you buy” for some eBooks, and even paper 	books.</li>
<li>Webinars were 	the rage around the Internet since last year. And while the hype has 	died down, they are still pretty much in existence, and you can 	still definitely learn more when you attend events like these.</li>
<li>Alternatively, 	if you don&#8217;t want to attend webinars with interaction, especially if 	they charge very expensive fees, you may want to just watch 	tutorials and even lectures on YouTube. There are YouTube publishers 	who actually provide great, informative content. Videos on 	Revver.com are also pretty informative, maybe even more so than 	YouTube. If you even want to learn how to cook certain dishes, 	Revver.com may help you. But I digress. One great YouTuber that may 	help you learn how to watch the stock market is ShadowTrader. He 	actually gives tutorials and market updates. Maybe you may even get 	started investing in stocks thanks to his help!</li>
<li>Podcasts: a 	lot of podcasts are available on iTunes, for free. Some are in radio 	show format, while others are in seminar, lecture or full speech 	format. The latter may prove more helpful. The topics range from 	short tips recordings, like “Quick and Dirty Tips,” magazine and 	news recordings, and even full academic lectures. Podcasts worth 	subscribing to, if you&#8217;re on the lookout for stock market, investing 	and personal finance resources, would include American Public 	Media&#8217;s “APM: Marketplace – After the Bell,” Slate Magazine&#8217;s 	“The Big Money Podcasts,” NYTimes.com&#8217;s “Your Money,” 	BusinessWeek&#8217;s “Mandel on Economics,” and others that are 	suggested in the personal finance and investment genre. Not only is 	this a treasure trove of ideas, the best part is that podcasts are 	FREE.</li>
<li>While most 	people do not trust free content, in today&#8217;s Web 2.0 world, 	websites, especially the influential and high-authority ones, are 	now trustworthy sources of information. Need to learn how to cook 	meals in under 10 minutes? Just google it. Need to know how to mod 	your old laptops, google it, read it, and then work on your machines 	under the supervision of an expert. In like manner, you may want to 	start investing by learning more about the ins and outs of it. You 	may want to start a new business by researching about your chosen 	niche, as well. And while these resources are free, no one can deny 	how big a help these would be in getting you started in any 	endeavor.</li>
<li>Courses and 	seminars are still great sources of continued education. While for 	some premium seminars, the kind that book authors and celebrity 	motivational speakers conduct, do charge a premium for their events, 	other seminars just charge a minimal fee. The premium seminars may 	be worth your time and money, however, and it could prove to be a 	great investment either way.</li>
</ul>
<p>Continuously learning is more of an attitude and perspective towards life rather than the media you use to achieve that end. If you face life with the desire to keep learning, you are still investing in yourself and your career or business. This is definitely a worthy place to spend your resources: your time and money on. And with these investments, your career and business are sure to grow, because the knowledge you gain, when applied, translates to growth: building blocks towards the success you aim to achieve.</p>
<p style="text-align: center">***</p>
<p style="text-align: center">
<p style="text-align: left"><strong>Coming Up: </strong>Last installment of this series, <em><a title="Use Great Stock Brokers - Invest In Yourself Part 3" href="http://investingtoolkit.com/use-great-stock-brokers-invest-in-yourself-part-3/">Use Great Stock Brokers</a></em> &#8211; get started in investing!</p>
<p style="text-align: left"><strong>Previously: </strong><a title="Invest in Great Budgeting Software: Invest In Yourself Part 1" href="http://investingtoolkit.com/invest-in-yourself-part-1-invest-in-great-budgeting-software/">Invest in Great Budgeting Software: Invest In Yourself Part 1</a></p>
<p style="text-align: center"><strong><em><br />
</em></strong></p>
<p style="text-align: center"><strong><em>Want more? Here are great articles on <a title="how to budget" href="http://thesmarterwallet.com/2010/how-to-budget-save/">how to budget</a>, why <a title="you need a budget" href="http://www.thedigeratilife.com/blog/index.php/2009/01/13/personal-budget-software-you-need-a-budget-ynab-budgeting-10-off/">you need a budget</a>, <a title="Making Budgeting Fun So You Can Build Your Savings" href="http://savvymoneytips.multiply.com/journal/item/2/Making_Budgeting_Fun_So_You_Can_Build_Your_Savings_">making budgeting fun</a>, among other personal finance topics.</em></strong></p>
<p style="text-align: left">
<p><a href="http://investingtoolkit.com/invest-in-yourself-part-2-invest-in-your-continu/">Invest In Your Continued Learning &#8211; Invest in Yourself Part 2</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>Invest in Great Budgeting Software: Invest In Yourself Part 1</title>
		<link>http://investingtoolkit.com/invest-in-yourself-part-1-invest-in-great-budgeting-software/</link>
		<comments>http://investingtoolkit.com/invest-in-yourself-part-1-invest-in-great-budgeting-software/#comments</comments>
		<pubDate>Fri, 28 May 2010 21:40:14 +0000</pubDate>
		<dc:creator>lorie</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>
		<category><![CDATA[Investment Resources]]></category>
		<category><![CDATA[Quicken software]]></category>

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		<description><![CDATA[If there are three things that one needs to invest in, in order to be able to maximize earning potential, aside from these points outlined in this post, it would be these: Great budgeting software Continuing education Great stock brokers Crucial Investment #1: Great Budgeting Software A budget is your cornerstone in managing the finances [...]<p><a href="http://investingtoolkit.com/invest-in-yourself-part-1-invest-in-great-budgeting-software/">Invest in Great Budgeting Software: Invest In Yourself Part 1</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p><!-- 		@page { margin: 2cm } 		P { margin-bottom: 0.21cm } -->If there are three things that one needs to invest in, in order to be able to maximize earning potential, aside from these points outlined in this post, it would be these:</p>
<ul>
<li>Great budgeting software</li>
<li>Continuing education</li>
<li>Great stock brokers</li>
</ul>
<p><strong>Crucial Investment #1: Great Budgeting Software</strong></p>
<p>A budget is your cornerstone in managing the finances that would come your way. Without a plan to tell your finances where they should go, a.k.a. A budget., there is a high possibility that you may spend your money through. Chances are, some of us may even just come out of a spending haze, not realizing where all that money went. Remember, a huge income is nothing unless you know how to manage that income.</p>
<p>In order to make things easier for you, great budgeting software is needed. While YNAB or You Need A Budget software is great for usability and for people who need simplicity in their personal finance, Quicken software is great for those who need something more comprehensive than YNAB.</p>
<p>The Quicken 2010 line comes in different variants: the Quicken Starter Edition ($29.99) is for basic, personal use, such as creating and managing budgets, as well as upcoming bills. Quicken Deluxe ($59.99), on the other hand, includes features which would help you save for a large purchase. Quicken Premier ($89.99), has an additional feature: the ability to track and manage investments. Other Quicken variants include Quicken Home and Business ($99.99); then Quicken Rental Property Management ($149.99).</p>
<p>Quicken software is possibly the closest approximate to MS Money. Since Microsoft discontinued the development and sale of MS Money, Quicken has since replaced that niche. While it has been said to be too bloated, Quicken, on a positive point, is a robust and comprehensive budgeting software. This would be great for business people who need something more intuitive than a personal budgeting software. With the investment tools of Quicken Premier, and for those who are into rental property, Quicken Rental Property Management, software tools such as Quicken software definitely make managing your business a lot more easier. And an easier time in doing tasks like keeping track of expenses, financial influx and investments would free up your time and your energy for more productive pursuits, like expanding your business.</p>
<p style="text-align: center">***</p>
<p style="text-align: center">
<p style="text-align: left"><strong>Coming Up:</strong> <a title="Invest In Your Continued Learning - Invest in Yourself Part 2" href="http://investingtoolkit.com/invest-in-yourself-part-2-invest-in-your-continu/"><em>Invest In Your Continued Learning</em></a> in order to upgrade yourself, and learning how to invest in stocks when you <em><a title="Use Great Stock Brokers - Invest In Yourself Part 3" href="http://investingtoolkit.com/use-great-stock-brokers-invest-in-yourself-part-3/">Use Great Stock Brokers</a></em>.</p>
<p style="text-align: left">
<p style="text-align: center"><strong><em>More <a title="Tools for Financial Freedom" href="http://savvymoneytips.multiply.com/journal/item/4/Tools_For_Financial_Freedom">tools for financial freedom</a>.<br />
</em></strong></p>
<p style="text-align: center">
<p style="text-align: left">
<p><a href="http://investingtoolkit.com/invest-in-yourself-part-1-invest-in-great-budgeting-software/">Invest in Great Budgeting Software: Invest In Yourself Part 1</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>Use Online Stock Trading Tools For Trading Success</title>
		<link>http://investingtoolkit.com/online-stock-trading-tools/</link>
		<comments>http://investingtoolkit.com/online-stock-trading-tools/#comments</comments>
		<pubDate>Sat, 26 Sep 2009 06:04:55 +0000</pubDate>
		<dc:creator>Guest Blogger</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>
		<category><![CDATA[Investment Resources]]></category>

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		<description><![CDATA[Learn about trading by using online tools and resources offered by investment sites and online stock brokers. I stopped at a fuel station the other day for a non-petroleum based transaction. The only items on my list were a cold beverage and a couple of lottery tickets but all of the convenient store designated parking [...]<p><a href="http://investingtoolkit.com/online-stock-trading-tools/">Use Online Stock Trading Tools For Trading Success</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p><strong>Learn about trading by using online tools and resources offered by investment sites and <a href="http://www.thedigeratilife.com/blog/index.php/2009/01/09/best-online-stock-brokers-cheap-stock-trades-online-discount-brokers/">online stock brokers</a>.</strong></p>
<p>I stopped at a fuel station the other day for a non-petroleum based transaction.  The only items on my list were a cold beverage and a couple of lottery tickets but all of the convenient store designated parking spaces were occupied so I pulled up alongside pump number one.  I grabbed my drink and asked the attendant for a mega millions quick pick.  </p>
<p>“No gas?” He asked with raised eyebrows, his head tilted towards my vehicle.  </p>
<p>“Not today,” I replied sheepishly, “I’ve already got half a tank… maybe tomorrow.”  </p>
<p>The clerk seemed satisfied, but I was a bit unnerved by my witless remark and conspicuous parking job so I added, “I’m betting gas prices will be coming down since summer’s almost over.”  </p>
<p>I don’t know if he was amused by my comment, but he smiled and shook his head slowly.  He told me that gas prices would most likely be rising and that the trend would continue indefinitely. With an impending energy crisis and our nation’s unpopular dependence on foreign oil, speculation on such a commodity could be a very risky but very lucrative venture.  As I drove away I couldn’t help but glance down at my gas gauge and wonder why my portfolio was performing so poorly.  Despite my seasonal insights, I had made the poor decision to go short on oil. </p>
<p>Back in college I opened one of those do-it-yourself online stock trading services that offer new customers a few free trades and then $7 per transaction thereafter.  After losing a couple hundred bucks (mostly to fees accumulated in an attempt to diversify), I closed my account and promptly decided never again to play the stock market; much like one would do after tearing up a losing ticket at the race track.  I do not consider myself a gambling man, but <strong>uninformed investing is not much different from placing a wager and crossing your fingers.</strong>   </p>
<h3>Why I Use Online Stock Trading Tools</h3>
<p>Now that I’m older and wiser and not too proud to employ a few online trading tools like AutoTrader and MarketClub, I’ve decided to get back in the game and start investing in E-Minis.  Futures can be risky if you don’t know what you’re doing, but they can be very profitable if you take the time to do the research and give it your full attention.  These accounts are extremely liquid and offer a high level of flexibility.  </p>
<p>There is a wealth of information and resources available online to allow any novice investor to participate in the market. The best advice I can give any driver is to fill up the tank whenever you see a good price at the pump.  My advice for anyone who is serious about investing is to take advantage of stock trading services provided by sites such as <a href="http://www.planetwealth.com.au">Planet Wealth</a>.  Alternatively, you can also check out online brokers for free trading tools and take a look at sites like Morningstar.com, that offer investment research and resources to help you become a more <a href="http://investingtoolkit.com/successful-stock-investor-attributes/">successful stock investor</a>.</p>
<p><a href="http://investingtoolkit.com/online-stock-trading-tools/">Use Online Stock Trading Tools For Trading Success</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>How To Find A Good Mutual Fund</title>
		<link>http://investingtoolkit.com/good-mutual-fund/</link>
		<comments>http://investingtoolkit.com/good-mutual-fund/#comments</comments>
		<pubDate>Tue, 11 Aug 2009 16:01:09 +0000</pubDate>
		<dc:creator>Francis Investor</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>
		<category><![CDATA[Mutual Funds]]></category>

		<guid isPermaLink="false">http://investingtoolkit.com/?p=223</guid>
		<description><![CDATA[In the world of investing, there are all sorts of mutual funds &#8212; from index funds, to actively managed &#8212; covering the spectrum of size and orientation. Now no one wants to invest in a mutual fund that loses money on a consistent basis or is charging you a lot of bucks for below average [...]<p><a href="http://investingtoolkit.com/good-mutual-fund/">How To Find A Good Mutual Fund</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
]]></description>
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<p>In the world of investing, there are all sorts of mutual funds &#8212; from index funds, to actively managed &#8212; covering the spectrum of size and orientation. Now no one wants to invest in a mutual fund that loses money on a consistent basis or is charging you a lot of bucks for below average market returns. So the question here is, what makes a mutual fund &#8220;good&#8221;? What makes a fund worth the money that you are going to put into this investment?  Here are a few characteristics you&#8217;d like to check out when shopping for a mutual fund:</p>
<h3>Attributes Of A Good Mutual Fund</h3>
<p><strong>1. The fund&#8217;s mutual fund manager has a strong reputation.</strong><br />
When you invest in an actively managed mutual fund, you&#8217;ve got to check out the guy or gal who&#8217;s at the helm. This fund manager&#8217;s goal is to outperform the market and to come out on top of the competition. When the fund is a winner, investors tend to pour more money into that fund, possibly chasing returns (or hoping they&#8217;d receive the kind of returns expected of a fund with a great performance record). </p>
<p>You&#8217;ll know a mutual fund is a great choice if the fund manager controlling and managing it has a great reputation and a good track record.  If you read up on some financial publications, these funds are written up front and center as top favorites.</p>
<p><strong>2. The mutual fund has low expenses and low overall costs.</strong><br />
Check whether the mutual fund is a no load and has no 12 B-1 fees.  Why bother with loaded funds when you can now own a well performing no load fund that&#8217;s so much cheaper to own? Take a look at the expense ratio of the mutual fund. This is what tells you how much it costs each year for you to invest in the fund. Furthermore, you can compare this expense ratio to the cost of other funds. </p>
<p><strong>3. The mutual fund is a no load.</strong><br />
If you insist on owning a load fund, then it better be out of this world!  Load funds are those that you&#8217;ll have to pay extra for to either buy or sell.  Typically, these funds justify their costs because they claim that they (can) produce much higher returns than their index or no load counterparts.  But that isn&#8217;t always the case. More often than not, buying a loaded fund simply means you&#8217;re paying the fund more for the same or lower returns you&#8217;d get by simply sticking with no loads or index funds.</p>
<p><strong>4. The fund is a good size.</strong><br />
What does this mean?  Well, some funds can actually be too big for their britches.  Once a fund gets very popular, say because of their great reputation or a series of strong years where their returns beat the market, you&#8217;ll expect to see a flock of new investors sign up for it.  But their popularity can spell the ultimate demise of their success.  If the fund gets too big, they become much more unwieldy, so managers &#8212; if they&#8217;re good! &#8212; will typically close such funds to the public.  So to get into a great fund (and to continue owning one), keep your eye on its size!</p>
<p><strong>5. The fund is well awarded.</strong><br />
Check out Smart Money, Kiplinger&#8217;s, Barron&#8217;s and Money Magazine for lists that show which mutual funds make the grade.  Scour the lists for common names: this can be your first step at determining which funds should belong in your portfolio.  I&#8217;d use them as a great screening tool. </p>
<h3>Where To Find Good Mutual Funds?</h3>
<p>Where do you encounter these great funds?  Again, check out financial publications (see your local library for them) and online resources like Motley Fool (fool.com), INO.com and Morningstar.com for ideas.   Other places to go?  Your friendly neighborhood online broker or mutual fund company &#8212; many of them host mutual fund screeners on their sites which you can use for free.  </p>
<p>Keep in mind that there is no single mutual fund that can guarantee good performance all of the time.  So it&#8217;s up to you to keep an eye on your portfolio and your funds to ensure that they are performing according to your expectations.</p>
<p><a href="http://investingtoolkit.com/good-mutual-fund/">How To Find A Good Mutual Fund</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>How The SIPC Protects Investors From Broker Bankruptcy</title>
		<link>http://investingtoolkit.com/sipc-protects-investors-broker-bankruptcy/</link>
		<comments>http://investingtoolkit.com/sipc-protects-investors-broker-bankruptcy/#comments</comments>
		<pubDate>Sat, 08 Aug 2009 06:34:27 +0000</pubDate>
		<dc:creator>Francis Investor</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>
		<category><![CDATA[Stock Market]]></category>

		<guid isPermaLink="false">http://investingtoolkit.com/?p=196</guid>
		<description><![CDATA[The vast majority of investors have their stocks, bonds, and mutual funds through their brokerage accounts. What this means is that the stock broker actually holds assets in behalf of their clients and retains these assets in clients&#8217; accounts. If a broker is not a member of the SIPC (also known as the Securities Investor [...]<p><a href="http://investingtoolkit.com/sipc-protects-investors-broker-bankruptcy/">How The SIPC Protects Investors From Broker Bankruptcy</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p>The vast majority of investors have their stocks, bonds, and mutual funds through their brokerage accounts. What this means is that the stock broker actually holds assets in behalf of their clients and retains these assets in clients&#8217; accounts. If a broker is not a member of the <strong>SIPC (also known as the Securities Investor Protection Corporation)</strong>, there is virtually no protection in the event that the brokerage goes bankrupt. However, most legitimate brokerage firms are members.</p>
<p>The SIPC is not an agency of the federal government, but a member agency. This means that member brokers pay into it. You will know that a brokerage is a member because all of its signage and ads will include the words, “Member SIPC”. Should there ever be any doubt, you can <a href="http://www.sipc.org/">contact the SIPC</a> by phone or on the web to verify your broker&#8217;s membership. Although the SIPC does not guarantee your investment&#8217;s value, they will give you some assurance against losing property.</p>
<h3>How The SIPC Protects Investors</h3>
<p>The SIPC helps most customers of failed brokerage firms who&#8217;ve discovered that their assets are missing from their accounts as a direct result of the bankruptcy.  The goal here is for clients to recover their missing stocks and bonds, regardless of their actual value.  In other words, the number of shares owned will be returned to the customer without respect to the dollar value. But be aware that futures commodities, cash, and investment contracts that are not registered with the U.S. Securities and Exchange Commission are not protected by the SIPC.</p>
<h3>What Happens If Your Broker Faces Bankruptcy?</h3>
<p>When an investment brokerage fails, there are several steps that someone needs to go through in order to recover missing assets as per SIPC regulations.  <strong>The goal of the SIPC is to restore assets and securities to their rightful owners.</strong>  We’ll give you the highlights:</p>
<p>1. <strong>Customers will ultimately get back the stocks and bonds</strong> already registered in their name or in the process of being registered.<br />
<br />
2. <strong>The brokerage firm’s remaining customer assets are divided</strong> and divvied up proportionately, based on the size of customer claims.<br />
<br />
3. <strong>No more than $500,000 per customer,</strong> including a maximum of $100,000 for cash claims, will be honored.  This is the SIPC cap.<br />
<br />
4. <strong>Once the brokerage is liquidated</strong> and appropriate SIPC compensation is provided to the broker&#8217;s clients, it is possible that the bankrupted company may still have leftover assets.  If so, these funds are used to satisfy any remaining customer claims above the SIPC cap.<br />
<br />
5. <strong>The value of recovered securities is not guaranteed</strong> to be the same as it used to be, due to fluctuations in the markets.</p>
<p>Customers can expect to receive their property back in about one to three months. If a brokerage keeps good records, it&#8217;s possible for assets to be received shortly after the claim is filed. Unfortunately, delays of several months happen when records are not accurate or when the principals are involved in fraud. Still&#8230; if I were in this situation, I wouldn&#8217;t mind the wait if I can be assured of getting my assets back!  I&#8217;m just glad we have the SIPC, because without it, investors who are victims of broker bankruptcy would just be out the money!</p>
<p><a href="http://investingtoolkit.com/sipc-protects-investors-broker-bankruptcy/">How The SIPC Protects Investors From Broker Bankruptcy</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>Building A Retirement Portfolio</title>
		<link>http://investingtoolkit.com/build-retirement-portfolio/</link>
		<comments>http://investingtoolkit.com/build-retirement-portfolio/#comments</comments>
		<pubDate>Tue, 04 Aug 2009 06:22:08 +0000</pubDate>
		<dc:creator>Francis Investor</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>

		<guid isPermaLink="false">http://investingtoolkit.com/?p=160</guid>
		<description><![CDATA[One more reason to start investing: to be able to afford a comfortable retirement! The term retirement portfolio is a fancy way to refer to a collection of investments designed to provide income for a person’s retirement years. This can include a 401k, IRA, stocks, real estate, and other similar investments. In fact, some people [...]<p><a href="http://investingtoolkit.com/build-retirement-portfolio/">Building A Retirement Portfolio</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p><strong>One more reason to <a href="http://investingtoolkit.com/start-investing/">start investing</a>: to be able to afford a comfortable retirement!</strong></p>
<p>The term retirement portfolio is a fancy way to refer to a collection of investments designed to provide income for a person’s retirement years. This can include a 401k, IRA, stocks, real estate, and other similar investments. In fact, some people have a small portfolio and don’t even realize it because they have collected funds and assets in piecemeal fashion and never actually organized them into a cohesive portfolio.</p>
<h3>Things To Consider When Building Your Retirement Portfolio</h3>
<h3>#1 Put Your Retirement Plan in Writing</h3>
<p>It is important to begin by assessing your expected retirement needs, anticipated lifestyle, and current assets. Before you can adequately evaluate the essential components you will need to build your portfolio, you have to know where you are beginning and what your final goal is. Let’s take a look at the major components that make up a retirement portfolio:</p>
<ul>
<li>Pension</li>
<li>401k</li>
<li>IRAs</li>
<li>Stocks, bonds, mutual funds, certificates of deposit, and treasuries</li>
<li>Real estate</li>
<li>Social Security Income</li>
</ul>
<p>You may well have some of these items in place. So to start out, you need to take a written inventory of what you have in place. This will give you your starting point for your map to retirement freedom.</p>
<h3>#2 Know Your Financial Goals</h3>
<p>Once you know what your starting point entails, you can decide what you will actually need to have in place to achieve your retirement goals. There are certain items that should be put in place as quickly as possible.</p>
<p>If your employer offers a pension or 401k program, especially if they provide fund matching, <strong>you should absolutely &#8212; at the very least &#8212; participate up to the match point.</strong> This is a way to immediately double your investment. Find out if you qualify for an IRA; in particular, check into the Roth IRA. There are many benefits specific to the Roth, including the fact that all contributions can be withdrawn at any time tax free as the contributions are made after taxes.</p>
<h3>#3 Save For Competing Goals</h3>
<p>Before saving for retirement, make sure you have higher priority financial goals addressed such as saving for things you may need for the shorter term.  For instance, save for an emergency fund by keeping around 6 to 9 months&#8217; worth of expenses in a safe, liquid account.  </p>
<p>Also, if you are renting a home, it is wise to save up towards purchasing your own home. Instead of throwing money away on rent, you will be building equity in something of your own. There are also several tax benefits that go along with home ownership, including tax-deductible interest and a one time capital gains tax exemption if you sell.</p>
<p>Other common goals to save for include your children&#8217;s (or future children&#8217;s) educational funds.  But take note that if you have to decide between saving for retirement vs your kids&#8217; college education, you should prioritize towards retirement saving and investing.</p>
<p>Once your goals have been determined, you can then address them by investing in various stocks, bonds, mutual funds, certificates of deposit, and other investments that are generally purchased through a brokerage account.  Know that it&#8217;s important that we grasp <a href="http://investingtoolkit.com/investment-risks-money/">investment risk</a> and that we practice proper asset allocation in order to develop a well diversified portfolio that affords us financial stability.</p>
<p><a href="http://investingtoolkit.com/build-retirement-portfolio/">Building A Retirement Portfolio</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>Facing Investment Risks: Watch Your Money!</title>
		<link>http://investingtoolkit.com/investment-risks-money/</link>
		<comments>http://investingtoolkit.com/investment-risks-money/#comments</comments>
		<pubDate>Thu, 30 Jul 2009 07:56:19 +0000</pubDate>
		<dc:creator>Francis Investor</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>
		<category><![CDATA[Stock Market]]></category>

		<guid isPermaLink="false">http://investingtoolkit.com/?p=133</guid>
		<description><![CDATA[There are lots of uncertainties we face in this world, including the danger of losing our money in ventures that carry some amount of risk. Anyone who&#8217;s considered trading and investing in the markets should carefully assess the risks involved with putting one&#8217;s money on the line. Achieving investment goals and minimizing your risk of [...]<p><a href="http://investingtoolkit.com/investment-risks-money/">Facing Investment Risks: Watch Your Money!</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p>There are lots of uncertainties we face in this world, including the danger of losing our money in ventures that carry some amount of risk.  Anyone who&#8217;s considered trading and investing in the markets should carefully assess the risks involved with putting one&#8217;s money on the line. Achieving investment goals and minimizing your risk of a loss are not necessarily mutually exclusive events &#8212; these are not impossible to accomplish, but it all depends on a number of key factors.</p>
<h3>What Kind of Investment Risks Should We Be Aware Of?</h3>
<p><strong>1. The Economic and Political Climate.</strong>  The uncertainties that we experience in the current economic climate are often a major factor in how we should be investing our money. Interest rates, inflation, recession, and war can influence our decisions and are some of the things we should  consider when making an investment. As stock prices fall and the economy continues to stall, so does our desire to take a chance on investing in the market.</p>
<p><strong>2. Business Conditions.</strong> Whether or not you’re buying or selling stocks or participating in <a href="http://investingtoolkit.com/forex-trading-basics-foreign-currency-trading/">Forex trading</a>, you will want to analyze and think about the financial condition of the business or country you’re investing in. When buying stock, you’re considering the” long haul” outcome. But you still want to keep track of the market and business conditions that the company you’re investing in is facing. A slow down in corporate activity could indicate a reason to sell to prevent a substantial risk of losing a good amount of money. In a short-term trade, certain conditions surrounding an investment can change in a matter of days, even hours, so day traders are constantly keeping track of market data and market activity to avoid a possible loss.</p>
<p><strong>3. A Down Market.</strong> While some investors cringe at the mere mention of a “down” market, others look at it as an opportunity to invest at a good price. Take the housing market for instance. Three years ago prices were going through the roof, and now, we&#8217;re seeing a complete reverse in housing price movements.  People are now watching the value of their homes slip and seeing neighborhoods disappear or fall into foreclosure. But there’s a new wave of investors who are taking advantage of the slumping housing market and buying up all the property they can afford. They know that if they hold long enough, they will eventually make a profit on their investment.  On a similar note, a savvy stock investor who&#8217;s able to <a href="http://investingtoolkit.com/buy-low-stock-market/">buy low and leverage the stock market</a> can make a substantial return in this down market, if they have the resources and knowledge to participate in it.</p>
<p><strong>4. Risk Management.</strong> While there’s no questioning the benefits of experience in any business venture, establishing a risk management program is a vital part of success. You can open yourself to a tremendous amount of risk if you’re not careful and do not understand the complexities of investing in the market. You need to find your comfort level and what you are willing to risk, because there’s always some amount of danger in buying stocks and bonds, and trading in the foreign exchange market. But if you do your research and consult with experts whom you trust will help you develop a sound investment plan, you will minimize your risks and have the potential of reaching your profit goals.</p>
<p><a href="http://investingtoolkit.com/investment-risks-money/">Facing Investment Risks: Watch Your Money!</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>Why Should I Start Investing?</title>
		<link>http://investingtoolkit.com/start-investing/</link>
		<comments>http://investingtoolkit.com/start-investing/#comments</comments>
		<pubDate>Tue, 21 Jul 2009 05:50:34 +0000</pubDate>
		<dc:creator>Francis Investor</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>

		<guid isPermaLink="false">http://investingtoolkit.com/?p=66</guid>
		<description><![CDATA[The economy has proven itself world wide to be unstable and volatile. Governments and companies that have been thought unshakable have revealed just how fragile they really are. Many of them have found themselves in and out of bankruptcy. There are very few things in life that are certain. You’ve heard it said that the [...]<p><a href="http://investingtoolkit.com/start-investing/">Why Should I Start Investing?</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p>The economy has proven itself world wide to be unstable and volatile. Governments and companies that have been thought unshakable have revealed just how fragile they really are. Many of them have found themselves in and out of bankruptcy. There are very few things in life that are certain. <strong>You’ve heard it said that the only things that you can count on are death and taxes.<br />
</strong></p>
<h3>Why You Should Start Investing: The Need for a Continuing Income</h3>
<p>There are a few things that are near certain, however. In this world, no matter how young or old a person is, they need money to live. Whether it is for life goals, such as education or children, or just for food and shelter, money is a necessity of life. No one can find complete financial security in any job, government program, or a single income source.</p>
<p>Most people who live long enough also face retirement. Those that are fortunate retire by choice to a lifestyle that they have prepared for over a lifetime. Others are forced into retirement because of health issues or required to depart from their career at a certain age. Those in the latter category often find that they are unable to maintain the lifestyle to which they have grown accustomed. Because a comfortable retirement is usually a goal of most people, and especially most couples, it only makes sense to plan for retirement. </p>
<h3>What Will Investing Do for You?</h3>
<p>By investing in multiple venues, you will minimize your risk of loss. You self-insure your own future income even if your primary source of income fails temporarily or permanently. Creating an investment income will provide you with the financial cushion that you need at various stages of your life, such as:</p>
<ul>
<li>Temporary or unexpected job loss</li>
<li>Big ticket expenses, such as education or weddings</li>
<li>Retirement</li>
<li>
Unanticipated medical and health issues</li>
<li>Self-indulgences like extravagant vacations and travel</li>
</ul>
<p><strong>There are obvious risks and uncertainties to investing. However, without investing there is a sure loss.</strong> The need to have your income continue regardless of what point you are at in your life is a call to action. This should prompt anyone to begin researching the different types of investments that are available and to create a plan of action designed to ultimately prevent any gap or termination of income in the future. No one but you can create the assurance and stability of an ongoing source of income, and now is the time to begin your investment endeavors. </p>
<p><a href="http://investingtoolkit.com/start-investing/">Why Should I Start Investing?</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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		<title>The Successful Stock Investor: Do You Have These Attributes?</title>
		<link>http://investingtoolkit.com/successful-stock-investor-attributes/</link>
		<comments>http://investingtoolkit.com/successful-stock-investor-attributes/#comments</comments>
		<pubDate>Fri, 17 Jul 2009 21:09:44 +0000</pubDate>
		<dc:creator>Francis Investor</dc:creator>
				<category><![CDATA[Investing Tips and Education]]></category>

		<guid isPermaLink="false">http://investingtoolkit.com/?p=49</guid>
		<description><![CDATA[If you&#8217;ve decided to put money in the stock market, you may have noticed that there seem to be people who are really good at investing, while others just don&#8217;t do too well. That is, some are making money on a consistent basis while others are experiencing quite the opposite &#8212; seeing their investment accounts [...]<p><a href="http://investingtoolkit.com/successful-stock-investor-attributes/">The Successful Stock Investor: Do You Have These Attributes?</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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<p>If you&#8217;ve decided to put money in the stock market, you may have noticed that there seem to be people who are really good at investing, while others just don&#8217;t do too well.  That is, some are making money on a consistent basis while others are experiencing quite the opposite &#8212; seeing their investment accounts shrink with each passing day.</p>
<p>When you first start investing, it can be both exhilarating but nerve-wracking at the same time, especially when you begin to see those market prices fluctuate.  But as you gain experience, you&#8217;ll find that all this just comes with the territory, and you&#8217;ll be able to take it all in stride.  Over time, you&#8217;ll build experience and confidence with investing that will hopefully serve you well even during volatile stock market hiccups; it&#8217;s quite important that once you decide to become an investor, that you stick to the investment plan that you&#8217;ve developed.</p>
<p><strong>Now it&#8217;s also a good thing to know what it is exactly that makes a stock investor successful.</strong>  Are these people born or made?  I think it&#8217;s a bit of both, because there are people who come across as natural investors: perhaps they have a natural interest and ability to tackle the stock market.  Mastering the markets calls upon a variety of attributes and characteristics; to be a good investor, you&#8217;d also need some level of knowledge and understanding of what&#8217;s going on.</p>
<h3>The Attributes of the Successful Stock Investor</h3>
<p>Here are some attributes that I believe each stock investor should possess in order to be good at what he or she does:</p>
<h3>1. Patience</h3>
<p>The stock market is not a place to get rich quickly.  Sometimes, it&#8217;s a &#8220;three steps forward, two steps back&#8221; kind of environment.  But over time, especially if you invest for the long term, you can expect to be rewarded with an average 8% to 10% per year in returns.</p>
<h3>2. Enjoys Lifelong Learning</h3>
<p>How many stories have you heard of people finding some success and turning on the autopilot?  They are happy to ride on the coat tails of their past successes.  How many of those same stories have ended in eventual failure?  We must stay humble and continue learning.  We must remember what got us there and continue that kind of work.  Investing rules change by the day and sometimes by the hour.  If you aren’t keeping up you will eventually lose.</p>
<h3>3. Hard Working</h3>
<p>Are you prepared to put in some hours developing  your investment portfolio and maintaining it on a regular basis?   Just like with anything else, hard work can help propel you toward improvement and success. If it takes you 40 or more hours to earn your modest salary now, why would anybody think that with just an hour or two a week they could make more than what they currently earn?</p>
<h3>4. Discipline</h3>
<p>Our success can often be attributed to our ability to function under a set of rules.  Investing isn’t any different.  If you decided to purchase mutual funds as a long term investment, don&#8217;t change your plan in a few short months and decide to impulsively sell out of those funds because of a market correction.  If you&#8217;ve got a solid investment program, then it&#8217;s best to stick with it.  Discipline is simply following the rules even when you don’t want to.</p>
<h3>5. Organized</h3>
<p>It helps when an investor is organized.  When you own several investment accounts, and have built a diversified portfolio, having an organized approach to managing your finances and investments will allow you to stay on top of things.  </p>
<p><strong>So do you have what it takes to be a strong and solid investor?</strong>  I believe anyone can pick up the skills needed to be successful at stock investing: to find success, one just needs the interest and dedication to apply to their investments.</p>
<p><a href="http://investingtoolkit.com/successful-stock-investor-attributes/">The Successful Stock Investor: Do You Have These Attributes?</a> is a post from: <a href="http://investingtoolkit.com">Investing Toolkit</a></p>
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