Hey, everyone! How’s it going? If you want to, do these 3 things to get started in finance!
It’s a short read today, but it’s super important!
We talk a lot about funds, alternative investments, and entrepreneurship on this blog.
However, according to Thomas Brock, CFA & CPA, only 57% of Americans are financially literate!
So, let’s take a step back!
Before you think about getting started in the fund world, make sure you know the basics of finance and business…
#1 Read
As simple as it is, reading financial books should give you the foundation in financial literacy.
I recommend Rich Dad, Poor Dad, The Richest Man in Babylon, and Think and Grow Rich.
#2 Wall Street Journal
Additionally, go download and subscribe to the Wall Street Journal.
More specifically, read the business and market section.
Like I said in my YouTube short…
“It only costs $4 a month, and it will get you thinking about the world of business and finance.”
Besides, it’s always beneficial to be up to date on major world events and the economy.
The WSJ is also more stable and consistent than other social media.
#3 Start Investing
Start investing even if you only have a small amount to begin with.
Getting started can help you learn about different investment opinions and strategies.
Saving money and investing is portrayed as the way to build wealth in The Richest Man in Babylon.
#4 What’s Next?
If you want to get started but don’t know how, do these 3 things to get started in finance!
If these principles seem elementary, consider starting a fund!
Fund Launch was created a few years ago to coach fund managers and give them expert advice, develop a meaningful network, and ultimately help them launch or scale their own investment fund!
Because building a network and community is one of the most powerful ways to accelerate your success, it is the focal point of all Fund Launch events and interactions.
Hopefully, this helps!
That’s it for today!
Thanks,
Want to get direct guidance for your fund? Schedule a time with my Fund Advisors!
DISCLAIMER: This content is for educational and informational purposes only. It is not to be taken as tax, financial, or legal advice. You should always consult a legal professional before taking action. Furthermore, this is not a recommendation to buy or sell any security. The content is solely just the opinion of the author.