Investing For Beginners | 4 Getting Started Tips

Got Money? Okay so now what do you do with it is the question and of course how do you properly invest it so it can lasts? Well today in this post I am going to share with you some key financial tips that the top income earners use themselves in the beginning when money starts rolling in. Investing is a way of life yet in school we aren’t taught to invest our money we are taught to invest into wall street stocks and bonds that aren’t worth a dam right now in today’s economy.

So this money that you have whether it be as little as $100 or as much as a few thousand dollars your going to invest it wisely. First you need to start with a goal that’s not foreign language to us as entrepreneurs setting goals is a way of life in our industry but to beginners when they hear it they give the deer in the headlights kind of look at you.
In order to get started with investing you will need to take a percentage of your money that will be considered as “seed money” and plant it so it can compound. Don’t be afraid to let it go because all that broken advice you been shoved down your throat as a young child is about to be eradicated. Let me ask you this question, Why haven’t you invested your money in yourself yet? I am not talking about paying for college or going for a PhD. Here are two investing tips for beginners to getting started.

Investing For Beginners| Tips For Getting Started

Investing for Beginners Tip #1

Investing in yourself ~ A 100 percent fool proof way to investing in yourself is self education. Jim Rohn an American entrepreneur, author and motivational speaker who is an inspiration to the industry said it best in this quote.

“Promise yourself you’ll read the books until your skills change; you’ll go to seminars until you get a handle on what they’re teaching; you’ll practice until you develop the skills. Never give up until you’ve gotten what you want. Don’t miss the chance to grow. Resolve that you’ll pay the price until you learn, change, grow, and become what you want to be. You’ll discover some of life’s best treasures when you pay that price. ”

Learning a new skill and building your value is what will set you apart from the broke minded individuals who has been feeding you all this garbage and lingo that you shouldn’t invest or your going to lose it all. Actually to correct them say no I will lose my money if I don’t invest in myself and just let it sit in the bank for too long cause it’s not worth anything when not invested wisely.

There really is no cheat sheet to how to invest because you are working with what you have and all the education about stocks, bonds and real estate in the globe doesn’t guarantee success at investing.

Investing for Beginners Tip #2

Pay off your Debt ~ There is still more and more young adults as well as the retired digging that hole of debt deeper and deeper. I am telling you if you got that money and have large amounts of debt be responsible and pay down that debt. It makes so much sense to be debt free and with the extra money to pay all your bills off for the year.

Case in point when I earned my first $10,000 commission check in direct sales I was excited and cool about the whole thing that I walked over to AT&T Mobile and spoken to the associate and asked a simple question. “Hi, just wanted to know how much it would cost if I wanted to pay off my phone bill for the whole year?” The associate looked at me weird and said I am not sure if we can do that let me ask the manager sir.

Then the manager came out and shook my hand and said you want to pay off your entire phone bill for the year sir, and I said yes so how much would it cost? Then the manager looked at computer screen and started calculating and crunching numbers, made one phone call to customer service and it was done. I paid about $1,000 for the whole year for my phone service.

Pretty cool huh? That’s FREEDOM my friends. When your bills are coming and you got the money to pay off those bills for the year you can reinvest that money that’s left over to travel the world or attend workshops and hire a business coach like I did.

Investing for Beginners Tip #3

Go Digital Entrepreneur ~ The world has changed and you are being left behind if your not up with the times with your skill sets. The skills you were taught in school as you can see is worthless in today’s market as we have evolved to the digital economy. So what does that mean to you?

It means you need to learn how to become a entrepreneur in this digital economy and I don’t mean MLM. I am talking about learning how to become a digital entrepreneur and master those skills in order to get paid to teach others by duplicating.

People ever where in business are looking for ways to update their skill sets but not enough people are out in this field to teach or trust so this leaves the opportunity for us to search Google and learn. The best resources I have learned from is Six Figure Mentors and Digital Entrepreneurs Academy all I can say is these are by far the best digital educational platforms to learn from and you can earn a six figure income when you really understand how to apply it in business.

Investing for Beginners Tip #4

Buy Precious Metals ~ I met a guy who is a Flight captain and he has been all over the world flying commercial air planes for over 30 years. He mentioned to me and Anastacia that it’s the best time to buy Silver and start savings deposit box or safe with it in there protected. The way the economy is failing the money is by now not worth it and we all as Americans should have more than enough silver and gold saved for our future.

The reason for this is when the money runs out the precious metals is what is going to be considered your new currency. Better to be safe than sorry so if there is a local dealer who will sell you silver and gold coins or bars go for it and make it a new habit to purchase and keep it safe you will need it soon.

I know this all makes sense to you after reading this post on Investing for Beginners and you understand the value that comes with following these 4 tips as guidelines.

See you on the next post, take care!

Anastacia Hauldridge & Rich Guzman