{"id":5748,"date":"2011-04-13T20:11:49","date_gmt":"2011-04-14T02:11:49","guid":{"rendered":"http:\/\/ishmaels.net\/blog\/?p=5748"},"modified":"2011-04-13T20:11:49","modified_gmt":"2011-04-14T02:11:49","slug":"purposeful-investing","status":"publish","type":"post","link":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/","title":{"rendered":"Purposeful Investing"},"content":{"rendered":"

It would be hard to develop a strategy to pay<\/strong> off your debt<\/strong> if you had no idea how much debt<\/strong> you had. It’s just as difficult to develop an appropriate investing<\/strong> strategy if you don’t have a reason<\/strong> for investing<\/strong>. Without a purpose, it’s impossible to make decisions about the type of investments you should invest in, and without a goal- how do you measure your level of success?<\/p>\n

People invest for a wide variety of reasons. The most common reason<\/strong> people<\/strong> invest is to save for their retirement. Most people<\/strong> want to stop working at a certain age, in order to enjoy the last years of their life without the stress of going to work every day. The only way it’s possible for people<\/strong> who are not independently wealthy (by an inheritance or a business that will operate without the owner’s input, for example) is to have money saved that can be used to pay<\/strong> expenses and entertainment costs once a person retires.<\/p>\n

The other common reason<\/strong> why people<\/strong> invest their money is to reach a certain short-term<\/strong> financial goal.<\/p>\n

Investing for Short term Goals<\/strong><\/p>\n

While most people<\/strong> first think of retirement and long term<\/strong> investing<\/strong> when they think of investing<\/strong>, there are many instances when investing<\/strong> also includes short term<\/strong> goals. Buying a new vehicle, going on your dream vacation or purchasing a new home are all examples of short term<\/strong> investment opportunities.<\/p>\n

Short term<\/strong> investing<\/strong> requires different strategies than long term<\/strong> investing<\/strong>, which makes understanding your investing<\/strong> purpose all that much more important!<\/p>\n

If your idea is to have another income stream to supplement your salary, or to help<\/strong> you purchase items you don’t have the cash saved to buy, your investment portfolio should contain a mix of short and long term<\/strong> investments that pay<\/strong> dividends. It should contain low risk, high yield bonds.<\/p>\n

If your investment purpose is to save for a specific purchase- perhaps your dream home or to take a vacation, it helps to know how much the purchase will cost and when you need the money. Armed with that information you can develop a strategy for investing<\/strong>.<\/p>\n

Short term<\/strong> investments are known to be more challenging than long term<\/strong> investments, particularly if you’re not starting out with large amounts of money. Short term<\/strong> investments tend to carry higher levels of risk; but they also have the greatest possibilities for high returns.<\/p>\n

Investing for Long term Goals<\/strong><\/p>\n

The earlier you begin investing<\/strong> for retirement, the higher the amount of money you can create. Young investors can take advantage of compound interest, and even choose riskier investments that could result in higher returns because they have so much longer to recover from a loss than a person who is closer to their retirement age<\/strong>.<\/p>\n

As you get closer to your retirement years, your long term<\/strong> investing<\/strong> strategy should contain much less risky investments- including bonds and securities, to help<\/strong> minimize your risks for losing your investment. The lower risk<\/strong> investments have lower rates of return, but should steadily increase.<\/p>\n

Retirement investment portfolios typically contain a mix of various stocks, bonds, debt<\/strong> securities, index funds and money markets. Company sponsored retirement plans are great, particular those that match your contributions. It helps you build your nest egg a little faster and stretch your own investment dollars further.<\/p>\n

As you age<\/strong> and get closer and closer to retirement, you should move your investments into guaranteed investments (like high interest savings accounts that are insured by the FDIC) to preserve your money so you know it’s there when you need it!<\/p>\n

This article has been provided courtesy of DestroyDebt.com, your source for debt help<\/a> online.<\/p>\n

Author: Debbie Dragon<\/a>
\nArticle Source: EzineArticles.com<\/a>
\nLow-volume PCB Assembly<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It would be hard to develop a strategy to pay off your debt if you had no idea how much debt you had. It?s just as difficult to develop an appropriate investing strategy if you don?t have a reason for investing. Without a purpose, it?s impossible to make decisions about the type of investments you should invest in, and without a goal- how do you measure your level of success? <\/p>\n

“And Now the Rest of the Story – “Purposeful Investing<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[13],"class_list":["post-5748","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bbs","odd"],"yoast_head":"\nPurposeful Investing - And That was How it Went<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Purposeful Investing - And That was How it Went\" \/>\n<meta property=\"og:description\" content=\"It would be hard to develop a strategy to pay off your debt if you had no idea how much debt you had. It?s just as difficult to develop an appropriate investing strategy if you don?t have a reason for investing. Without a purpose, it?s impossible to make decisions about the type of investments you should invest in, and without a goal- how do you measure your level of success? "And Now the Rest of the Story - "Purposeful Investing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/\" \/>\n<meta property=\"og:site_name\" content=\"And That was How it Went\" \/>\n<meta property=\"article:published_time\" content=\"2011-04-14T02:11:49+00:00\" \/>\n<meta name=\"author\" content=\"wd0ajg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@wd0ajg\" \/>\n<meta name=\"twitter:site\" content=\"@wd0ajg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"wd0ajg\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/\"},\"author\":{\"name\":\"wd0ajg\",\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/#\\\/schema\\\/person\\\/e09620d4264e5cd90e30305809ea2462\"},\"headline\":\"Purposeful Investing\",\"datePublished\":\"2011-04-14T02:11:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/\"},\"wordCount\":629,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/#\\\/schema\\\/person\\\/e09620d4264e5cd90e30305809ea2462\"},\"keywords\":[\"BBS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/\",\"url\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/\",\"name\":\"Purposeful Investing - And That was How it Went\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/#website\"},\"datePublished\":\"2011-04-14T02:11:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/2011\\\/04\\\/13\\\/purposeful-investing\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Purposeful Investing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/\",\"name\":\"And That was How it Went\",\"description\":\"life, ham-radio,travel, investing, work, retirement and getting there\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/#\\\/schema\\\/person\\\/e09620d4264e5cd90e30305809ea2462\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.ishmaels.net\\\/blog\\\/#\\\/schema\\\/person\\\/e09620d4264e5cd90e30305809ea2462\",\"name\":\"wd0ajg\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g\",\"caption\":\"wd0ajg\"},\"logo\":{\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Purposeful Investing - And That was How it Went","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/","og_locale":"en_US","og_type":"article","og_title":"Purposeful Investing - And That was How it Went","og_description":"It would be hard to develop a strategy to pay off your debt if you had no idea how much debt you had. It?s just as difficult to develop an appropriate investing strategy if you don?t have a reason for investing. Without a purpose, it?s impossible to make decisions about the type of investments you should invest in, and without a goal- how do you measure your level of success? \"And Now the Rest of the Story - \"Purposeful Investing","og_url":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/","og_site_name":"And That was How it Went","article_published_time":"2011-04-14T02:11:49+00:00","author":"wd0ajg","twitter_card":"summary_large_image","twitter_creator":"@wd0ajg","twitter_site":"@wd0ajg","twitter_misc":{"Written by":"wd0ajg","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/#article","isPartOf":{"@id":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/"},"author":{"name":"wd0ajg","@id":"https:\/\/www.ishmaels.net\/blog\/#\/schema\/person\/e09620d4264e5cd90e30305809ea2462"},"headline":"Purposeful Investing","datePublished":"2011-04-14T02:11:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/"},"wordCount":629,"commentCount":0,"publisher":{"@id":"https:\/\/www.ishmaels.net\/blog\/#\/schema\/person\/e09620d4264e5cd90e30305809ea2462"},"keywords":["BBS"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/","url":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/","name":"Purposeful Investing - And That was How it Went","isPartOf":{"@id":"https:\/\/www.ishmaels.net\/blog\/#website"},"datePublished":"2011-04-14T02:11:49+00:00","breadcrumb":{"@id":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ishmaels.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Purposeful Investing"}]},{"@type":"WebSite","@id":"https:\/\/www.ishmaels.net\/blog\/#website","url":"https:\/\/www.ishmaels.net\/blog\/","name":"And That was How it Went","description":"life, ham-radio,travel, investing, work, retirement and getting there","publisher":{"@id":"https:\/\/www.ishmaels.net\/blog\/#\/schema\/person\/e09620d4264e5cd90e30305809ea2462"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ishmaels.net\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/www.ishmaels.net\/blog\/#\/schema\/person\/e09620d4264e5cd90e30305809ea2462","name":"wd0ajg","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g","caption":"wd0ajg"},"logo":{"@id":"https:\/\/secure.gravatar.com\/avatar\/db64afcf51fce3b55d7ed73473f96d8213f4d5b7466a584423982496ed778676?s=96&d=mm&r=g"}}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/parvvB-1uI","jetpack-related-posts":[{"id":1633,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/08\/22\/investment-strategy\/","url_meta":{"origin":5748,"position":0},"title":"Investment Strategy","author":"wd0ajg","date":"August 22, 2010","format":false,"excerpt":"Retirement it might be right around the corner OR it may be a long way off for you - No matter how near or far it is, you have absolutely got to start saving for it now. However, in these days, saving for retirement isn't what it cut out to\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3590,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/12\/06\/how-to-invest-informed\/","url_meta":{"origin":5748,"position":1},"title":"How to Invest Informed","author":"wd0ajg","date":"December 6, 2010","format":false,"excerpt":"To learn to invest informed and learn how to invest with confidence most people should break the subject down into two parts: investment basics and investing. By tackling topics or articles in the following order you can learn how to invest money as an informed investor without wasting too much\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2710,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/10\/17\/what-you-should-know-before-you-invest-in-mutual-funds\/","url_meta":{"origin":5748,"position":2},"title":"What You Should Know Before You Invest in Mutual Funds","author":"wd0ajg","date":"October 17, 2010","format":false,"excerpt":"Most small investors however have a very limited understanding of mutual funds that goes something like this a mutual fund is a \"pool of money invested in stocks or interest bearing instruments\" by those who are experts in the field. I don't know about you but I would need a\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4987,"url":"https:\/\/www.ishmaels.net\/blog\/2011\/02\/19\/investing-basics-the-ultimate-top-tips-for-creating-a-successful-investing-strategy\/","url_meta":{"origin":5748,"position":3},"title":"Investing Basics – The Ultimate Top Tips for Creating a Successful Investing Strategy","author":"wd0ajg","date":"February 19, 2011","format":false,"excerpt":"Investing is not just a case of finger in the air hit or miss. By developing the basic ground rules of how you approach your investing activities, you can make sure you actually make a good profit as opposed to a huge loss!","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1130,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/07\/27\/new-to-investing-simple-guidelines-for-success\/","url_meta":{"origin":5748,"position":4},"title":"New to Investing? Simple Guidelines for Success","author":"wd0ajg","date":"July 27, 2010","format":false,"excerpt":"A financial adviser and friend once told me, \"It doesnt matter how good of job someone has, if they want to acquire wealth in this life, at some point they are going to have to invest in something.\" Here are a few basic ideas and tips for someone just beginning\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3336,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/11\/21\/learn-from-your-investment-mistakes\/","url_meta":{"origin":5748,"position":5},"title":"Learn From Your Investment Mistakes","author":"wd0ajg","date":"November 21, 2010","format":false,"excerpt":"From the time we were born, we learned from our mistakes. As investors, we need learn to invest by recognizing our mistakes and making appropriate changes to our investing discipline. When we make a losing investment, do we recognize our mistake and learn from it, or do we attribute it\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/5748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/comments?post=5748"}],"version-history":[{"count":0,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/5748\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/media?parent=5748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/categories?post=5748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/tags?post=5748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}