Five Simple Practices to Start an Investing Plan

Do you think good thoughts about money?  If they are negative, how would your life change if your beliefs about money are focused on a positive outlook? You don’t need all the answers right now on how you will create change. However, make it a priority to begin thinking positive thoughts and creating change in what you do now.

Here is a simple short exercise to feeling good about growing wealth. Write down two of the money goals that you feel are within reach to inspire you right now. Decide you will make it a priority to begin to achieve those goals. Begin taking simple steps toward those goals that will not overwhelm you each day, even if it’s only a few minutes. Once you complete them, you will have more confidence that you can achieve other financial goals.

Develop a plan to get your money working for you over time, no pressure on yourself. Start small by opening an account to invest in the stock market.

Although stocks are riskier than keeping money in a savings account with a fixed yield, they have historically had higher returns that beat inflation, thereby making it easier for you to grow your wealth. Building a solid foundation that includes the stock market opens doors to financial opportunity because you create an additional income source that compounds over time. Once you start investing, your money will be working for you.

You can start with a few hundred dollars that will add up over time. When you begin investing, take time to learn the basics. I’m here to help you. As your knowledge expands and your skills improve, you will feel more comfortable and confident about money. As you gain confidence and you have extra cash, then increase your investment.  Start by using these five practices listed below.

Five Simple Practices to Start an Investing Plan

1. Invest by diversifying your investments into a broad mix of stocks and bonds. Don’t put all of your money in stocks.
2. Start investing small, so you are comfortable. If you are worried, then you are too invested.
3. Own investments that are flexible where you can make a change quickly. Avoid taking significant losses on your investments.
4. Create a small watch list for new potential investments in the future. The market moves quickly. Be prepared in advance of possible entries, so you will be ready to take advantage of opportunities that may occur without hesitation.
5. Create a simple strategy that you will follow.

Once you get the basics down, you can get more advanced. Avoid focusing on the past experiences that may have set you back from achieving your financial goals. Focus on the lessons you learned that turned out OK.

Have your money working for you by investing in the stock market, an excellent way to grow your wealth over time.  Set yourself up for success, starting where you are right now by developing a simple investing plan that you will consistently do and don’t look back.

If you liked this article, you will love my Free report, Grow and Sustain Your Wealth. Please get it here

Bonnie S. Gortler

Bonnie Gortler, Consultant, Coach, and Author specializing in Wealth and Well-Being, is a successful stock market expert who has been instrumental in managing multi-million-dollar client portfolios within a top-rated investment firm during her over 35-year corporate career. As the author of “Journey to Wealth,” Bonnie has made it her mission to share the importance of risk management and how to enjoy real financial well-being by applying the technical and mental sides of investing. Bonnie has an M.B.A. and is a certified life coach. It is through her love of coaching, consulting, blogging, and social media that she creates change in the lives of many and inspires people from around the world. Bonnie is fully committed to your personal growth and development as she shares her winning spirit and powerful techniques with you. Visit BonnieGortler.com to gain tips and insights about investing, personal development, and inspiration through her articles on Wealth and Well-Being.
.

Connect via LinkedIn, Twitter, Instagram, Pinterest, & Facebook
Join my Facebook Group – Grow Your Wealth and Well-Being
Join my FB Group – Wealth Through Market Charts
Subscribe to BonnieGortler.com
Order your copy of “Journey to Wealth” today!



Read Bonnie's Bio  »