Here Are Some Simple, Key Steps To Do When Beginning To Invest

stack of one hundred dollar bills
January 9, 2023

The current economic system makes it difficult for many of us to advance our financial goals. It’s true the system wasn’t made for us, but there’s no reason that we can’t use it to our advantage. 

Take the stock market, for example.

Investing doesn’t require large sums of money, but it can return quite a bit if done correctly. A fundamental rule of thumb is only to invest money that won’t be needed for five years.

Next, start with familiar stocks. Research is essential but so is investing money in something comfortable. Look into how each company’s stock performs, what it returns, and the risk involved.

Think outside the box. Opening a Roth IRA or a company-sponsored 401k is a form of investment. Many companies offer an employer match to how much a person contributes, and they are tax-free until withdrawn.

We live in a system made to be disorienting, complicated, and intimidating, especially to us. Similar conditions haven’t stopped us before, and they won’t now. Investing now can help guarantee our financial liberation from the constraints of this infested system later.

We have a quick favor to ask:

PushBlack Finance is a nonprofit dedicated to raising up Black voices. We are a small team but we have an outsized impact:

  • We reach tens of millions of people with our BLACK FINANCIAL NEWS & ECONOMIC EMPOWERMENT STORIES every year.
  • We fight for ECONOMIC JUSTICE to protect our community.
  • We run VOTING CAMPAIGNS that reach over 10 million African-Americans across the country.

And as a nonprofit, we rely on small donations from subscribers like you.

With as little as $5 a month, you can help PushBlack raise up Black voices. It only takes a minute, so will you please ?

Share This Article: