Managing Your Money

Paper Rating: Word Count: 935 Approx Pages: 4

Today's society, investing money for the future has become one of the hardest things to accomplish. With most Americans barely able to pay off debt of everyday living such as mortgages, credit cards, and insurance policies, investing just adds more stress to their lives. Although most Americans are stressed and work harder than ever to survive, putting something away for retirement, child's college funds and/or just saving money for leisure without using a credit card, is becoming a thing of the past. What we are in need of is a smarter and faster way to save, where monies benefit the investor.

In my study of smart investing, I'll demonstrate how monies can be invested and grow without causing much stress on already existing debts, where withdrawals from funds can be made without a substantial amount of penalties and to give the investor a brighter future.

One smart way of investing is in shares; although, highly recommended for the larger investors because it is one that is so tricky, if chosen with care there can be a growth in shares. This kind of investment is a portion of a company. The stockholders are the owners of a company. In theory, the owners (stockholders) make money when the company makes money, and lose money when the company loses money. What happens is the broker or the investor finds the shares he is interested in, checks the current market price from NY Stock Exchange, and then buys shares at the current market price. The risk to this is let's said the current price of shares is $50.50 and the investor invests a $1,000 an actual of 20 shares invested. After paying the broker's commission (the company the broker works for) the investor is out of more money than expected. The safer way for the small investor is to buy stocks through the company for which they work. These stocks are available through several attractive arrangements. Under incentive compensation plans, for example, some employees receive

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