SolveYourProblem Article Series: Money Stress
My Lack Of Cash Is Freakin' Me Out!

     

Avoid Stress By Keeping Your Money Safe

During a period of economic instability, itís hard to know where you should keep your money. And when you lose your hard-earned dollars on unsafe investments, your stress levels can soar. But you can find ways to invest, even in todayís world, that will keep your money safe and still offer you the chance to grow your wealth.

The stock market can be stressful. It moves up and down Ė sometimes at an alarming rate. So the stock market isnít the place to put money that you want to use in the next few years. If youíre close to retirement age, itís not the best way to secure your future. Instead, you should only invest in the stock market if youíre in for the long haul.

In the stock market, thereís always going to be a rebound at some point. If youíre investing for 20 years, you can be sure that at some point the market will improve and youíll get a return on your money. However, youíll need to carefully manage your money in the stock market. Youíll also need to diversify your investments to that you donít only invest in the stock market.

Money market accounts offer a way to diversify your involvement in the stock market. Theyíre managed by financial experts who know which stocks to keep and which ones to let go. You donít have to invest as much money Ė you can invest as little as $25 a month Ė and you begin to build wealth. But even money market accounts will take a hit in a stock market crash.

More stable investments include bonds and CDs. They donít yield as high of a rate of return. You may not make as much money from your principle investment as you would in a stock market trade. However, these can alleviate stress because you have a guaranteed interest rate and return on your investment.

They key to building wealth without creating stress is to put your money in a variety of investments. This will mean that you donít count on one source of income to build wealth and that if the stock market tumbles, you havenít lost everything. Some of the greatest stress comes from putting all your eggs in one basket and having nothing when one stock falls.

Youíre never too young to invest. If you have a little extra to invest, now is the time. You can purchase stock at rock bottom prices. And if you can stick with it for the long haul, you have the potential of making a lot of money. However, if youíre close to retirement itís time to put your money in a more stable investment. You want to make sure you keep your money safe for your future.

To control or eliminate money stress and solve your problem, click here.

# # # # #

> Home > Money Stress Articles : Main Page

© Launch 3, LLC All Rights Reserved          11:11

Disclaimer: SolveYourProblem.com should not replace seeking professional advice for any problem,  but rather as an online resource for gathering information. Launch 3, LLC cannot be held  responsible for any misrepresentation, incorrect information provided or hyperlinks listed herein.  Should anyone have concerns as to specific content and accuracy, please contact me immediately.