So I’ve been on a bit of a rampage this month. My first ROTH IRA and sharebuilder stock account both in the same month! It might be a measly $50 in the sharebuilder account, but it’s a start! I ended up opting for Ann Taylor (ANN). They seem to be making a profit and are down a bit at a good place to buy. So picking stocks based on businesses that you know and make since may not be rocket science, but the master Warren Buffet advises this, so it can’t be all bad.

Wish me luck!

Miel

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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