Kathleen

Hi Wayne, I am going to invest in Mutual funds.

Wayne

Ask good because started investing when I was 35 years old..

Kathleen, with Mutual funds  as an investor I will own shares which represent a portion of the holding of the fund. With mutual funds it pays out nearly all of the income it receives over the year to fund owners in the form of a distribution. Also it will provide diversification through the exposure to a multitude of stocks. An the advantage there is  that I can receive dividends earned from the mutual fund's investment.

Wayne, Well since I work for the USPS investing in stocks for long term and saving regularly a downturn can even boost my saving, because I am buying shares of stocks at a lower price. That's the power of having a long time to grow my money. As a stockholder I have ownership in a company an that's the important part of any investment strategy. And it feels good to have equity own a small piece of an company. Thinking about my retirement and future of my children.

Kathleen,  all I need to start is $2,000 up front an I can buy shares for as little as $50.00 per month. Buying shares in a mutual fund is also an easy way to help diversify your investments, which is really another way of saying that I won't have all my eggs in one basket. And this is good I won't worry about the risk of losing everything of my investment. The price of mutual fund as it net asset valve is determined by the total value of the securities in my portfolio. I also like the idea of thinking about my future and if I decide to have children I can pay for their college.

Wayne, with my stocks I wanted to retire at 65 with 1 million dollars in saving, now if I save on average of 7% market return I started at 25  I saved $5,009 a year or $417.00 a month to reach my goal of one million dollars. And that's the way I used my stocks investment.

https://www.learnvest.com

Kathleen and Wayne, both did good investment for their future, good thing is that they started in early years with their investment's.  THE END