Investing is broad, but necessary, category in a person’s personal finance world. Leaving your savings in just cash never made much sense nevertheless at today’s rates. Investing is often thought about in terms of buying stocks, but it is more than that, you could invest in an insurance based product, real estate, a business, yourself, etc.
To say that the markets of the past 2 months have been rough would be an understatement. In fact it is so much of an "understatement" that I have mentioned it as such for 2 net worth updates in a row, and probably will continue to do so for the upcoming months to come! I know personally my net worth is down tens of thousands of dollars based solely on the winds of the market. I am very correlated to the market and it has recently made me think about the old saying from Mike Tyson: What is your REAL Risk Tolerance? Investopedia has a [...]