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Essential Tips for Beginning Investors


23 Ways to Build Wealth in Your 20s

Get in the habit of spending and saving wisely in your 20s and you'll be on solid footing when you're older. Use our tips for how you can build wealth, starting now. You can thank us later.

Adopt the habits of successful investors and you too could call yourself one after a while. We have 23 to get you started.

10 Smart Ways to Save $1,000 a Month

Many Americans prefer to save money rather than spend it. Of course, saying and doing are two different things. Learn 10 smart ways to save $1,000 a month here.



    Average Cost of Clothing Per Month Will Surprise You

    November 15, 2017 - Tips for How to Save Money
    Spending $161 per month on clothing and services is average for adults. Middle-age adults spend about $50 more per month. They also make more money, so they have more to spend.

    Understanding Strangle Trades

    November 5, 2017 - Tips for Options Trading
    Trading options means you predict what a stock will do. That's not an easy job. If you want a little more leverage on either side, you can use the strangle strategy. You strangle the stock on either side with an option. This gives you protection on the high and low end.

    How Does the Collar Option Work?

    November 4, 2017 - Tips for Options Trading
    What if you could minimize your losses on a stock? It sounds like a dream come true, right? The collar option gives you that chance. It comes at a cost, though. You'd have to maximize your profits. Is it worth it?

    Understanding the Long Call Option

    November 2, 2017 - Tips for Options Trading
    You think a stock's price will increase, so you want in on that trade. What if you didn't have to fork over the entire amount of capital? What if you could pay a much smaller premium and still make money?

    Understanding the Protective Put

    October 31, 2017 - Tips for Options Trading
    If you could have protection while investing in stocks, wouldn't you jump at the chance? That's what a protective put offers. It's not a guarantee - there can still be losses. But, with the right strategy, it can help you make the most of your investment.

    Understanding the Covered Call

    October 29, 2017 - Tips for Options Trading
    Making an extra premium while you wait for a stock to increase sounds like a dream come true. That's what a covered call does for you. It's not an exact science. There are no guaranteed profits. There are also no limits to your losses.

    What's a Bull Call Spread?

    October 28, 2017 - Tips for Options Trading
    When you think a stock is going to increase, it makes sense to jump in while it's low, right? What about the potential loss? Is it something you can risk? What if you could take advantage of the increase while protecting your losses?

    The Risks of Buying on Margin

    October 27, 2017 - Tips
    Inflated profits might seem like a no-brainer reason to buy stocks on margin. It's riskier than you think, though. In fact, the risks are just as great as the rewards. There's no way to predict which side of the coin you'll end up on.

    Average Mutual Fund Return

    October 22, 2017 - Tips
    Investors earned an average of 4.67% on mutual funds over the last 20 years. This is 3.52% less than the average S&P 500 index return.

    Average 401k Balance

    October 19, 2017 - Tips for How Much to Contribute to 401k
    Do you have enough money in your retirement account? While enough is a relative word here, it's important to know where you stand. Will you be able to enjoy your golden years? Will you have to work until you just can't any longer? Your 401K plays a large role in your future.

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