Smart Tips for Investing

#CreditChatWednesdays | 3 p.m. ET

Join our #CreditChat every Wednesday at 3 p.m. ET. This week, the community shared some tips about how to get

started and be smart with investing.

ex.pn/investing

Why is investing important?

#CreditChatWednesdays | 3 p.m. ET

Investing is important because it has the potential to create financial freedom. It can allow your hard-earned money to

keep up - or exceed - inflation.

#CreditChatWednesdays | 3 p.m. ET

Brad Sherman@shermanwealth

Investing, when handled properly, can be a great way to accumulate

wealth and fund some of your long-term financial goals!

#CreditChatWednesdays | 3 p.m. ET

Leslie H. Tayne, Esq@LeslieHTayneEsq

Investing is the best way to build savings for retirement.

“

#CreditChatWednesdays | 3 p.m. ET

”

Rod Griffin@Rod_Griffin

Investing is the best way to build savings

for retirement.

#CreditChatWednesdays | 3 p.m. ET

Rod Griffin@Rod_Griffin

Investing gives you the opportunity to grow your money. It can create passive income streams and boost

your net worth.

#CreditChatWednesdays | 3 p.m. ET

Kasasa@Kasasa

When should people start investing?

#CreditChatWednesdays | 3 p.m. ET

Start investing ASAP - the sooner the better.

#CreditChatWednesdays | 3 p.m. ET

Debt Free Guys@DebtFreeGuys

Always start investing as early as possible to reap the rewards of

compounded interest.

#CreditChatWednesdays | 3 p.m. ET

Brad Sherman@shermanwealth

Start investing as soon as possible. Even a little adds up to a lot over a

long time.

#CreditChatWednesdays | 3 p.m. ET

Rod Griffin@Rod_Griffin

Start early! Not only does this give you more potential to earn,

but if there is a learning curve get it out quickly!

#CreditChatWednesdays | 3 p.m. ET

Kasasa@Kasasa

Matching contributions aside, typically investing begins after

an emergency fund is established and goals are

accounted for.

“

#CreditChatWednesdays | 3 p.m. ET

Douglas A. Boneparth@dougboneparth

”

Matching contributions aside, typically investing

begins after an emergency fund is

established and goals are accounted for.

#CreditChatWednesdays | 3 p.m. ET

Douglas A. Boneparth@dougboneparth

What are different ways to invest?

#CreditChatWednesdays | 3 p.m. ET

You can invest in stocks, bonds, mutual funds, CDs and more. You

can control it all or work with a broker.

#CreditChatWednesdays | 3 p.m. ETSoutheast Financial

@SFCUNews

Start with your company’s 401k; Auto deduction, free money if

matched, and you don’t need to be an expert.

#CreditChatWednesdays | 3 p.m. ET

Rod Griffin@Rod_Griffin

Investing in real estate is one of the most stable long-term investments

one can make!

“

#CreditChatWednesdays | 3 p.m. ET

”Wise Bread@Wisebread

#CreditChatWednesdays | 3 p.m. ET

CapWest Mortgage@CapWestMortgage

Investing in real estate is one of the most stable long-term

investments one can make!

#CreditChatWednesdays | 3 p.m. ET

CapWest Mortgage@CapWestMortgage

#CreditChatWednesdays | 3 p.m. ET

It Pays Dividends @ItPaysDividends

Don’t forget about investing in yourself through conferences,

networking, extra education, etc.

Invest in professional help. Don’t try to be an expert, just work with a

great one!

#CreditChatWednesdays | 3 p.m. ETRod Griffin

@Rod_Griffin

What are some mistakes to avoid when investing?

#CreditChatWednesdays | 3 p.m. ET

Avoid concentrating your investments in one place, especially your own

company’s stocks. Diversity is key.

#CreditChatWednesdays | 3 p.m. ETSoutheast Financial

@SFCUNews

It’s important to know your risk tolerance, investment goals,

investment objectives, and time horizon.

#CreditChatWednesdays | 3 p.m. ETDebt Free Guys

@DebtFreeGuys

#CreditChatWednesdays | 3 p.m. ET

Cinfed Credit Union @CinfedCU

Invest it and forget it - don’t jump off the ride when the market dips. It will come back. You just have to

wait.

#CreditChatWednesdays | 3 p.m. ET

Don’t lose sight of common sense and be realistic of your financial

boundaries when investing.

#CreditChatWednesdays | 3 p.m. ETVouch

@vouch

Make sure you pay attention to taxes and the tax implications of

your various investments!

#CreditChatWednesdays | 3 p.m. ET Brad Sherman

@shermanwealth

Don’t buy cheap stocks just because they are cheap. They are

probably cheap for a reason.

“

#CreditChatWednesdays | 3 p.m. ET

” Cinfed Credit Union

@CinfedCU

Don’t buy cheap stocks just because they are cheap. They are probably cheap

for a reason.

#CreditChatWednesdays | 3 p.m. ET Cinfed Credit Union

@CinfedCU

What are some simple ways to get started with investing?

#CreditChatWednesdays | 3 p.m. ET

Podcasts can also be a great tool for learning about investing,

understanding the basics, and discovering what’s best for you.

“

#CreditChatWednesdays | 3 p.m. ET Leslie H. Tayne, Esq

@LeslieHTayneEsq

”Podcasts can also be a great tool

for learning about investing, understanding the basics, and

discovering what’s best for you.

#CreditChatWednesdays | 3 p.m. ET Leslie H. Tayne, Esq

@LeslieHTayneEsq

Self-education. Plenty of blogs and books from the library. Start with

virtual trading to gain some practice.

#CreditChatWednesdays | 3 p.m. ET Cheapsters

@Cheapsters

Easiest way to invest is through the workplace. Sign up for 401k or

open an IRA.

#CreditChatWednesdays | 3 p.m. ET Jamie Kalamarides

@kalamarides

Talk with a good adviser. They can help determine strategies that fit

our personality and goals.

#CreditChatWednesdays | 3 p.m. ET

Rod Griffin@Rod_Griffin

How do you decide how much should go toward investing vs. paying off debt?

#CreditChatWednesdays | 3 p.m. ET

Pay off debt - then invest.

“

#CreditChatWednesdays | 3 p.m. ET

”

Cinfed Credit Union@CinfedCU

Pay off debt - then invest.

#CreditChatWednesdays | 3 p.m. ET

Cinfed Credit Union@CinfedCU

If your company matches, always invest at least to the match. Use

the rest to pay down debt.

#CreditChatWednesdays | 3 p.m. ET

Rod Griffin@Rod_Griffin

It’s generally a good rule of thumb to save the heavy investing until

after you’ve paid off debt.

#CreditChatWednesdays | 3 p.m. ET

Kasasa@Kasasa

Difficult, personal choice, but have no credit card debt and your

emergency fund before investing!

#CreditChatWednesdays | 3 p.m. ET

Cary Carbonaro, CFP@CaryCarbonaro

Have an emergency fund, pay off credit card debt, and then look at risk tolerance to decide investing

vs. paying off other debt.

#CreditChatWednesdays | 3 p.m. ET Kevin C. Swanson

@kevincswanson

Any final tips for those interested in investing or making more investments?

#CreditChatWednesdays | 3 p.m. ET

The earlier you start, the more mistakes you can make and still

end up on your feet. Fail early for future success!

#CreditChatWednesdays | 3 p.m. ET

Compare Cards@CompareCards

Educate yourself and don’t be afraid of making a mistake or two along the

way.

#CreditChatWednesdays | 3 p.m. ETSoutheast Financial

@SFCUNews

There is no better day than today to invest. Procrastination is not

wise when it comes to investing.

“

#CreditChatWednesdays | 3 p.m. ET

Cary Carbonaro, CFP@CaryCarbonaro

”There is no better day than today to invest. Procrastination is not

wise when it comes to investing.

#CreditChatWednesdays | 3 p.m. ET

Cary Carbonaro, CFP@CaryCarbonaro

Don’t try to time the market. Investing is about TIME IN the

market not TIMING the market.

#CreditChatWednesdays | 3 p.m. ET

Debt Free Guys@DebtFreeGuys

Subscribe & Check Out: