This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Fear Of Investing: Divide(nd) And Conquer!

This isn't something new. Over the last three years, we've been preparing for a drop in income, so when a few opportunities presented themselves, we could say, “YES!” without worrying about how we would pay the bills. January 1, my husband started his dream job. His 2013 income will be just 60% of what he made in 2012. Because we've practiced living below our means, we feel (kind of) ready to live on less.

This experience showed me that, when our income exceeds our expenses, we're not a slave to a paycheck anymore. We can say “yes” when we want to and “no” when we feel like it.

While we're getting there, we aren't there yet. Take me, for instance. I have this business idea. I think it's a good one. You know, low overhead, high barrier to entry, recurring revenue, and internet-based. But I don't have time right now to focus on it. I don't have the time, because I am trading my time for money.

And this, this, is why I need to conquer my investing fear. If we had significant monthly investment income, I would no longer have to trade my time for money, and I could start my business. If I no longer had to trade my time for money, I could choose to spend even more time with my family. I could choose how to spend my time. Period.

Yes, investing for the short-term is something that I've ignored, for all the reasons mentioned above. But now that I've gotten a taste of freedom, I want more. If I really want more choices, I have to learn about investing.

The investing plan for 2013

So, my husband and I created an investing plan. Throughout the year, I'll share posts occasionally about how I am learning more about investing and what I'm doing about it. I imagine that my experiences will be too elementary for many of you (if that's you, Brokamp's posts are so good), but I will share as much as possible to help those of you who feel, like me, that Investing 101 is still too hard.

I hope my investing homework will pay me in big dividends. (You knew that was coming, didn't you?)

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs