If you asked me, “What do you do with your earnings?” I would flat out tell you, I put it all into savings. To me, anything I make from this, and my other blogs, is money I wouldn’t otherwise have and I treat it as such. I stick it straight into the savings account. The only difference is my mommy blog, any money I make there is split between my boys’ savings accounts.
The next step, for me, is to learn about investing. My 4.5% savings account is great, but what if I could get double or triple that? Back when Taser was a new company Jay wanted us to get stock in it, but we didn’t have the minimum $2,000 we needed, a year later we checked it out and the stock was doing so well it would have turned into $30,000 if we had simply gotten the $2,000 originally. Pretty impressive stuff.
I admit, I’m not too wonderful when it comes to investing. I know there is a lot there to understand and simply reading about it won’t tell me what I’m looking for. I usually learn by example, so I’m happy to have found this investor social networking site, MyWallSt.net. This gives me just the push I need to get started. I’m really interested in learning about all the ways to invest, I even opened my first CD a month or so ago.
When it comes to something as important as money, I don’t like jumping the gun. I like the idea of having investor friends that can help me with the big decisions. Not only because they probably know more about it than I do, but also because different people have different views of things and can probably come up with ideas and scenarios I wouldn’t otherwise think of. I’m very excited to join this new site and to see where it takes me.




I told my hubby way back we needed to invest in Google stock. Just think if we had! Wowzers!
October 4, 2007 @ 11:07 pm