Plugin Install : Cart Detail need WooCommerce plugin to be installed.
Money News Network
  • Wealth
    • Personal Finance Tips
    • Retirement Hacks
    • Investing Moves
    • Beating Debt
  • Career
    How to Stay Motivated When Your Goal Is Far Away

    How to Stay Motivated When Your Goal Is Far Away

    How to Do the Thing You’ve Been Avoiding

    How to Do the Thing You’ve Been Avoiding

    How to Use Fear to Push You Forwards

    How to Use Fear to Push You Forwards

    One Thing Better - Newsletter by Entrepreneur editor-in-chief Jason Feifer

    How to Avoid Distractions and Get Important Things Done

  • Culture
    How Much is a Scandal Worth

    How Much is a Scandal Worth?

    Can Money Buy Happiness? Ask Britney Spears.

    Can Money Buy Happiness? Ask Britney Spears.

    Shakira on Trial for Tax Fraud

    Shakira on Trial for Tax Fraud? But Hips Don’t Lie?

    What We Can Learn From Celebs Who Rent

    What We Can Learn From Celebs Who Rent

  • Podcasts
    • All
    • Help Wanted
    • Money Assistant
    • Money Maker | Mi Mundo Rico
    • Money Rehab
    • Trade Like Einstein
    • We Have Options
    Money Rehab with Nicole Lapin | Money News Network Podcast

    Greed on Trial, Branson’s Backup and Tax Hacks

    Money Maker | Mi Mundo Rico with Nely Galán

    Una Lección de Negocios que Debemos Recordar

    Money Maker | Mi Mundo Rico with Nely Galán

    In Business, Never Lose Sight of This

    Help Wanted with Jason Feifer and Nicole Lapin

    “How Can I Set My Business Apart From Competitors? Help!”

    Money Rehab with Nicole Lapin | Money News Network Podcast

    Legal Loopholes the Rich Use To Get Richer— and You Can Too!

    Money Rehab with Nicole Lapin | Money News Network Podcast

    Elon Musk Told Advertisers To “F—k Themselves,” Here’s Our Hot Take

    • Money Rehab
    • Help Wanted
    • We Have Options
    • Money Maker | Mi Mundo Rico
    • Trade Like Einstein
    • Money Assistant
  • Shop
No Result
View All Result
SUBSCRIBE
  • Wealth
    • Personal Finance Tips
    • Retirement Hacks
    • Investing Moves
    • Beating Debt
  • Career
    How to Stay Motivated When Your Goal Is Far Away

    How to Stay Motivated When Your Goal Is Far Away

    How to Do the Thing You’ve Been Avoiding

    How to Do the Thing You’ve Been Avoiding

    How to Use Fear to Push You Forwards

    How to Use Fear to Push You Forwards

    One Thing Better - Newsletter by Entrepreneur editor-in-chief Jason Feifer

    How to Avoid Distractions and Get Important Things Done

  • Culture
    How Much is a Scandal Worth

    How Much is a Scandal Worth?

    Can Money Buy Happiness? Ask Britney Spears.

    Can Money Buy Happiness? Ask Britney Spears.

    Shakira on Trial for Tax Fraud

    Shakira on Trial for Tax Fraud? But Hips Don’t Lie?

    What We Can Learn From Celebs Who Rent

    What We Can Learn From Celebs Who Rent

  • Podcasts
    • All
    • Help Wanted
    • Money Assistant
    • Money Maker | Mi Mundo Rico
    • Money Rehab
    • Trade Like Einstein
    • We Have Options
    Money Rehab with Nicole Lapin | Money News Network Podcast

    Greed on Trial, Branson’s Backup and Tax Hacks

    Money Maker | Mi Mundo Rico with Nely Galán

    Una Lección de Negocios que Debemos Recordar

    Money Maker | Mi Mundo Rico with Nely Galán

    In Business, Never Lose Sight of This

    Help Wanted with Jason Feifer and Nicole Lapin

    “How Can I Set My Business Apart From Competitors? Help!”

    Money Rehab with Nicole Lapin | Money News Network Podcast

    Legal Loopholes the Rich Use To Get Richer— and You Can Too!

    Money Rehab with Nicole Lapin | Money News Network Podcast

    Elon Musk Told Advertisers To “F—k Themselves,” Here’s Our Hot Take

    • Money Rehab
    • Help Wanted
    • We Have Options
    • Money Maker | Mi Mundo Rico
    • Trade Like Einstein
    • Money Assistant
  • Shop
No Result
View All Result
Money News Network
No Result
View All Result

Go B.I.G. or Go Home

When you make your investment plan, think B.I.G.

Nicole Lapin by Nicole Lapin
March 27, 2023
in The Money Minute, Wealth
Reading Time: 2 mins read
Go B.I.G. or Go Home

What do you want?

In an article last week, I gave you a primer on technical analysis for evaluating which stocks are winners. But choosing investments isn’t all about the numbers— you’ll also need to do a little soul-searching in order to figure out the best investing strategy for you.

You’re going to need to ask yourself, “Self: what do you, I, we want?”

Yes, these are the kind of existential questions investors need to ask themselves before jumping into the market. So, what do you want? Are you looking for a bigger nest egg for retirement? To fund a project you foresee happening ten years down the line? To buy your first home? Are you looking to turn investing into an income stream? Do you want a bigger closet?

RELATED POSTS

What Should You Invest In? The Clue Is Closer Than You Think

The Three Best AI Apps for Your Finances

Tips For Student Loan Repayment, Beating Overages and Finding Your Dream Mentor

Your answers to these questions can, and should, impact your investing strategy; specifically, how you allocate your money between investments in companies known as “value stocks” versus companies known as “growth stocks.”

Growth vs. Value

Growth stocks are companies that investors feel have a lot of promise to grow (duh). But because of that, growth companies may not be making a lot of money… yet. Typically when a company is on a growth trajectory, it may not be earning a lot of money right this very second—but investors aren’t investing in the company for what it is now, investors are investing in what they think the company will become. What that also means is that the company may not yet have proven itself to be super profitable. Because of that, growth stocks tend to be considered higher risk, higher reward: if investors are right and the company grows into a big player, they’ll reap the rewards. If investors are wrong and the company crumbles, they could lose it all. Growth stocks tend to be new companies, and/or in the tech sector.

Value stocks (also known as blue chip stocks) are companies that show consistent earnings, and have shown themselves to be profitable. In contrast to growth stocks, value stocks tend to be older companies, and/or companies that exist in very stable markets. But stability is a double-edged sword: although it means lower risk of dramatic losses, it also means lower chance of exciting, dramatic gains. Whether you want to go for a slow and steady strategy, or a high risk-high reward strategy is up to you and your goals, and, of course, your risk tolerance.

My two cents?

When you do make your investment plan, think big. And when I say big, I mean B.I.G.— which is my acronym cheat-sheet for a good diversified portfolio: Blue chip companies, Index funds and Growth stocks. Depending on your risk tolerance and goals, you can decide what sort of mix of these stocks work best for you. But a combination of all three is a mix that is sure to grant you the kind of diversified portfolio that protects you from risk, and moves you along on the road to financial freedom.

xo,
Nicole signature

Previous Post

Selling Sunset, Empanadas and High School Bullies and with Emma Hernan

Next Post

Encore: “Money Rehab Court: What Is The Price of Integrity?”

More Articles

What Should You Invest In? The Clue Is Closer Than You Think
The Money Minute

What Should You Invest In? The Clue Is Closer Than You Think

What Should You Invest In? The Clue Is Closer Than You Think If you’re new to investing, the stock market...

by Nicole Lapin
The Three Best AI Apps for Your Finances
The Money Minute

The Three Best AI Apps for Your Finances

As a financial pro, I am personally stoked about all of the new money-making opportunities AI is delivering to our...

by Nicole Lapin
Tips For Student Loan Repayment, Beating Overages and Finding Your Dream Mentor
The Money Minute

Tips For Student Loan Repayment, Beating Overages and Finding Your Dream Mentor

Let’s try something new! I’m experimenting with a new format because ya girl is always learning and growing. On Fridays...

by Nicole Lapin
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Money News Network

Money News Network is the premier podcast-driven financial news and information destination. We create content that cuts through the typical Wall Street jargon to help inform, empower and inspire you on your money journey.

Latest

  • How to Get More Done — While Reducing Your Stress
  • Greed on Trial, Branson’s Backup and Tax Hacks
  • In Business, Never Lose Sight of This
  • Una Lección de Negocios que Debemos Recordar

Topics

  • News
  • Wealth
  • Career
  • Culture

Podcasts

  • Money Rehab
  • Help Wanted
  • We Have Options
  • Money Maker | Mi Mundo Rico
  • Trade Like Einstein
  • Money Assistant
  • About
  • Contact
  • Privacy
  • Terms

© 2023 Money News Network
The information on MNN is for educational purposes only and
is not intended as, and shall not be understood or construed as, financial advice.

No Result
View All Result
  • Wealth
    • Personal Finance Tips
    • Retirement Hacks
    • Investing Moves
    • Beating Debt
  • Career
  • Culture
  • Podcasts
    • Money Rehab
    • Help Wanted
    • We Have Options
    • Money Maker | Mi Mundo Rico
    • Trade Like Einstein
    • Money Assistant
  • Shop

© 2023 Money News Network
The information on MNN is for educational purposes only and
is not intended as, and shall not be understood or construed as, financial advice.