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Dollar cost averaging allows you to invest in the market while providing some protection against market fluctuations and downside risk. It is most effective for investors who have a long investment horizon, maintain a diversified portfolio, and want to minimize risk.
Women need to take an active role in managing the household finances. Organize your finances so you both understand your current financial situation – what you have, where it is held and how to access it.
People with a positive attitude about money, view money with a sense of abundance rather than scarcity. Their ability to earn or accumulate money does not impact the ability of others to succeed.
It’s important to devote time to enhance your career and increase your earning potential. This includes working effectively in your current position and taking time to improve your skills and education to progress in your career.
Investing, as in gardening, is a slow and steady process. Get started, set a plan, keep a long-term perspective and stick to your plan. Patience and perseverance will help you build a gorgeous garden and a more secure financial future.
The necessity to practice social distancing allows us to do things we previously didn’t have time for.