What Do You Know about Investing?

Lisa Niday - Wednesday, March 13, 2013

As baby boomers most of us are involved in investing in some form, whether we are currently enjoying retirement or are preparing for retirement, our age group probably focuses more on this topic than others. Our conversations may be about when to retire? Do I have enough to retire comfortably? Will my money outlive me? 

screen shot of iPhone stock display

Do you know what the items mean in the stock screen above? If not you might consider one of the resources below to enhance your investment knowledge.

Many of you may turn to paid professionals to help you answer these questions. However, I think basic investment knowledge of our own, enables us to better understand what financial planners and brokers are recommending for our financial plan. After all it's our money and you can certainly make better informed decisions by arming yourself with investment knowledge.
I know many of us, never had many opportunities for this type of learning from our parents or schools. In some cases money and finances were topics which were not even discussed with children. If you feel you don't have the knowledge or would like to build on your knowledge, I have listed some resources below where you can learn about investing.

Where Can You Go to Learn about Investing?

I personally learned about investing by joining an investment club. This was a great place to learn as you are joined by others, of all ages, who want to learn about investing. I found the diversity of age, sex, cultural backgrounds and investment knowledge aided in the learning process. I spent about 10 years in one club and helped to start a family club to help others in my family learn about investing. The link above will help you find the information you need if you would like to start or join an investment club. If you are wanting to learn about investing, it's never too late and an investment club is a non-threatning environment.

Of course, many community colleges or senior centers offer courses on investing. Check your local areas for resources.

Websites are another great resource. One of the best websites, betterinvesting.org, offers many free resources. The education andresources pages offer free webinars, online resources and educational materials.

If you would like to have some more articles around investing, let us know.


 
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