Investing Money for Beginners
There Are No Guarantees if Women Do Not Understand Investing
Women need to understand investing now because there are no guarantees you will stay married or even get married, women need to know how to take care of their finances. This is the start of investing money for beginners. This includes learning stock mutual funds, bond mutual funds and simple index funds. With these three types of funds you can buy stocks inexpensively, with low risk and learn to read charts that are not difficult.
But understanding investing now means you need to understand sane savings (my mantra), mega-money management (because everything is ultra-expensive), and investing (because you need to stay ahead of inflation to keep your money growing).
Far too many women are still taught to be financially dependent, even when you work, and many don’t get involved in family finances since you feel prince charming will be there to protect them forever. It is important to work together on finances, and staying out of family finances could have dire consequences foreither spouse. Stay involved in your family finances.
Divorce or Death Effecting Your Finances
Because you have at least a 50% chance of divorce and even greater chance of being separated from your spouse, it is imperative that you understand all the nuances of money, including investing. I focus on mutual funds because, 1. That is where my long term expertise and success is, 2. They are easy to understand once you put some “peddle to the metal” and study some of what I call, “mutual fund research”.
If you are not dependent on your husband to take care of all finances during your marriage, or an adviser if you are single, then you will know what to at any time, including with an illness, accident, or death. Dependency is not a good thing.
Many women fall victim to con artist who prey on women with money and no financial skills, because they are not familiar with the ease at which others prey on those without financial experience. Understanding stocks, bonds and mutual funds will create a knowledge bubble around you, that will keep you safe.
There are literally millions who have lost millions due to being trusting and naive. Don’t make yourself a victim by keeping your financial knowledge and skills very low. The potential for divorce or death from a spouse are a major reason why women need to understand investing.
Protect Yourself Now and in The Future and Protect Your Money
There are many women who never write a check or pay a bill, after getting married. That is hard to imagine, but it exists. Writing checks and paying bills are a powerful way to keep yourself aware of family finances and the limitations of money.
Then you monitor investments in mutual funds, or other investments for savings, college, or retirement, this gives you another layer of awareness and will help protect your finances now and in the future. I speak to beginning investors all the time who can’t analyze the simplest investments. This is not acceptable. Teaching investing for beginngers is something I am passionate about so you can protect specialty finances.
Therefore, women need to understand investing. Social security is meant to be a supplement, that is why the payout is very low for most people. Your 401k can be overrun with success if you know investing money for beginners. If you have a pension or get your husbands pension from death or divorce you can still benefit from know how it invest money.
When you understand investing, the chances are good you will also understand how to grow your investment retirement account and hold on to the accounts build by you or your spouse. Understanding why women need to understand investing will create an entire class of new and capable investors, who can also teach their daughters.
Lois Center-Shabazz | Course Delta Agency
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Help Us Create a Great Fantastic Finances Course for You.
We’re VERY close to finishing our long-awaited Fantastic Finances Course For a Personal Finance Bounce.
I have been working on this online course for more than four years, but I am finally going to wrap it up. I will be releasing it in September. This very short fantastic finances poll will help us help you get the right course.
This course will be entirely focused on “Support and Positive Financial Change”. It will include eight weeks of printed pdf’s, 8 complete personal finance books by Lois Center-Shabazz — in the form of downloadable eBooks, video tutorials on 8 crucial personal finance topics, a guide to create your Most Valuable Finances (MVF) profile, a complete course outline to guide you through the Most Valuable Finances Course, a Facebook support group, and a weekly live question and answer session with Money Pro and course founder, Lois Center-Shabazz.
It is going to be a complete brain dump of everything we know about “Support and Positive Financial Change”.
We are going to cover all the ways that we use to generate our support and positive change zones, and we are going to show you exactly how we change those zones to increase your net worth and financial IQ for life.
HOWEVER, we need your help. Before we finalize everything and send it off to the web course portal, we need to make sure we have covered everything. So please help us create the right online course with this Fantastic Finances Poll For a Personal Finance Bounce
This is where YOU come in. Please take a few minutes to answer this super-short survey — there is only one thing we want to ask you.
YOUR POLL QUESTION: What are YOUR top two questions about Support and Positive Financial Change that we absolutely NEED to answer in our Fantastic Finances Training Course? —->
PLEASE PLACE YOUR ANSWER IN THE COMMENTS BOX BELOW<—-
Super Sane Savings
Guerilla Budgeting That Banks
Big Thing Buying: Cars, Homes, Education
Investment Insights: Know How to Grow Your Money The Right Way
Protecting Your Money After You Get it.
or All The Above
Here are a few email scams you should be aware of going into the new year, think before you click on that email link. There are many ways to avoid clicking on email scams or links in email scams. The email scammers are going to great lengths to appear normal. There has been a lot of information about email scams and hackers harvesting information from your computer, but computer users continue to be victims of the email scammers.
1. Automatic Email Harvesting Scams:
If you have a website with your email address on it, someone with email harvesting software can scan the web and pick up your email address. Instead of using firstname.lastname@example.org, use myemail(at)me.com on your webpage, this will avoid automatic email harvesting software.
If you click on an email with a subject line that appears to be malicious computer code, it could include code that is unloaded onto your computer when you click on the email. If there are a lot of characters in the email, it is sure to include hacker code. When the code is unloaded on your computer, it allows the hacker to consume your email list from your computer.
When you open a bad email, you will be instructed to open a link in the email, to buy something, give personal information, or with a message to view something interesting. The link is usually malicious computer code. They usually appear to be a legitimate company.
If you click on a malicious link in the email, most of those links include code that will unload your entire email address book, along with your personal email address, onto the scammers computer database. With that information , they will send out millions of spam emails with your email address in the “from” line and your friends email address in the “to” line. Those emails will instruct your friends to open a link in the email
that is actually malicious code. The links unload something called a “bot” onto your computer, and allows them to control your email address book.
It will appear that the email is coming from a friend to you, but the message line is usually not meaningful, or the email will ask you to click on a link in the open email that will unload a “bot” or coded program to access your computer and computer email address book. Your anti-virus does not usually delete these email bots in due time.
The only way to avoid giving your email address and your email address book to strangers is to avoid opening trick emails.
2. Responding To Trick Emails:
Understand trick emails to protect your computer and your personal information, including your passwords.
Fake emails that respond to a product you are selling online, an ad you placed, for anything ranging from a job to selling a computer, will ask you to click the link in the email for more information, and the “bot”, is usually code to install a keystroke tracker. The keystroke tracker, records your pass codes on their computer. This is how online banking accounts are stolen. Large companies have had millions stolen by hackers, when just one employee clicked on a link in an email with a keystroke tracker installed. Employees must be educated, as well as personal computer users.
3. To Avoid Email Tricks and Downloading Malicious Code
Run an anti-virus update and full scan before you use online banking account.
4. Clicking on Links to Unsolicited Emails Sent to You
This sounds super easy to avoid. But, the email scammers have gotten very sophisticated. They will email you several emails that appear to be from companies. These companies we use all the time, so folks don’t get suspicious. The problem is when the emails look like an amateur put them up, and they have links that encourage you to click them. Clicking on these links will download a “hidden bot” or script also known as code that takes personal information off of your computer. Many times it disables your computer from working all together. This is serious, but if you are vigilant you can avoid being a victim of this scam. If you didn’t order anything from said company, you know it is a spoof of that company, so you don’t need to open the email. If you think you ordered something and can’t remember go directly to your account page on that website or paypal to check to see if you ordered something. But, absolutely NEVER click on a link in a suspicious email.
5. Do not open emails with [no subject], in the subject line
Do not open emails with email addresses you know are in your email address book or belongs to a friend, but that friend no longer uses that email address. This email came from a bot, downloaded from your friends computer to the email scammer.
Emails with any type of perverted information in the subject line; these are designed usually for men or those who are extremely “curious”. The information will tell the user to click on the link to get more perverted information, but the link is a malicious bot, to steal information off the users computer.
Emails that come from companies that you don’t do business with, they hope you will open the email and click on a bad link to be curious about why they are contacting you.
Emails that claim to be your bank or some other place you do business with—do not open–call the business instead, with a phone number you already have. These are called fishing emails. They are crooks, fishing for information from unsuspecting computer users. They usually send out emails appearing to come from hundreds of different banks, hoping they will land your bank name on your computer. Don’t fall for the trick.
When you place your email address on your website, place it as (at) instead of @.
6. Understanding Limitations To Anti-Virus Software:
Anti-virus software has limited use, be aware that it does not work when you answer a fishing email and/or click on a bad link to automatically download a malicious bot to your computer. The bot normally downloads information to your computer before the anti-virus picks it up. Get an anti-virus and a malware removal program.
Anti-virus usually works to keep viruses, worms, and bots off your computer hard drive, but you must be vigilant.
Update your antivirus and malware software a few times a day, and run a full scan, at least once a day. Don’t leave your computer off for extended periods, that is, weeks at a time. If your computer is not in use, turn it on at least once a week, update your anti-virus software, and run a full scan. If your computer is left off for too long, the hard drive can become overwhelmed with viruses, worms, and bots—and therefore the computer may not function in any capacity.
Become friends with your delete button. After you have taken a close look at each of your emails, and you are not positively sure it is from a trusted source, delete it right away.
7. This is a 2018 update to email harvesting and malicious bots. Your phone has also become a target.
Your phone has also become a target for home and business abuse. Many unscrupulous types use spoof cards to mimic a legitimate company on your caller ID. The ID can have both the name of the company and their number which has been spoofed by a spoof card used before the call is made to disguise the real caller’s information. You can get a hint that the caller ID is fake if; 1. The caller ask for a financial donation to a legitimate source, 2. The caller ask for banking information, or 3. A computer answers the phone when you pick it up. It helps to be suspicious of every single email and call. Do not give out credit card information, or any other confidential information when someone calls you. 4. Telephone calls are outrageous, always different scams asking for money for a created fraud — tell seniors – DO NOT ANSWER, they use fake phone numbers to match real businesses. Understand more about protecting yourself, in my new eBook, 67 Powerful Ways to Save Money, Now and Forever. The book is even more powerful with the companion “Budget Planner” you can instantly download.
Privatize Social Security, Update 2018 – It’s Getting Worse
Some lawmakers would have you believe that social security is a massive debt program in terrible trouble. A Ponzi scheme is how many have characterized it.
A Ponzi scheme is when a person runs a fake investment company that uses new investor funds to pay old investors, instead of actual investment returns. Most or none of the money is ever invested in anything. Because of this, Ponzi schemes collapse in a short period of time.
The Ponzi scheme collapses because the money is used to finance a lavish lifestyle of the Ponzi and runs out when the Ponzi can no longer attract new money or when the investors want their money back. An example of a well-known Ponzi schemer is Bernie Madoff.
How does social security compare to a Ponzi scheme? It does not. First of all, it has not collapsed in a short period of time; in fact, it has lasted for 72 years. Unlike a Ponzi scheme, where only a small number of investors are paid what they invest until the scheme collapses, social security has paid out what employees have invested.
Social security is a low-cost benefit program that pays inflation adjusted benefits, and has not had any missed payments.
Social security takes mandatory payments from employees while most 401k accounts have voluntary participation. Unlike 401k retirement savings accounts pre-retirees cannot take loans against social security accounts. These are a few reasons that social security is more secure than a 401k account.
Another problem with 401k plans is because participation is usually optional, many employees do not understand that they will have a limited or no retirement if they do not participate in their 401k plan.
Now lawmakers are trying to politicize social security due to the aging American population, the social security trust fund will run low in coming years. This has given some politicians the excuse to privatize social security, turning billions of dollars over to Wall Street in 401k type investments. This would be far more costly than the current system and the beneficiaries of the program would get far less money at retirement.
The solution to the social security dilemma is simple. The current social security payroll tax limit is based on the employees first $106,800 in earnings, if this limit is raised just a small amount, a large part of the problem going forward will be solved by adding substantial money to the social security trust fund. There are other viable solutions as well. Putting our social security taxes in private 401k type wall street funds is not a viable solution. Find out more about saving money here.
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