Hello and thank you for taking some time to read about changes made to this site. For the last 2 to 3 years, I’ve been reading and learning about the financial world. I’ve been reading not only books about the stock market, but also about the Economy in a whole. Learning about the bigger picture helps out when you are absorbing so much. It helps put things into perspective and gives you a reason to why, instead of just blindly investing.
At this point in my life, I am wanting to find a way to get to Financial Independence. It’s something very important to me, as I feel this is the best way to eventually have more time with my family. Allowing us to travel and experience more than a typical 9-5 would. This is why I started to learn how to invest, what apps to use, how much do I need to get started, and how do I even get started.
On this site, I talk about a few of the apps I use and will be updating the site to include all of the apps I use. We live in a great time right now where the stock market and investing opportunities are at our finger tips. 24/7, we can check our accounts, dig into news on our favorite stocks, and even buy or sell no matter where we are, as long as there is an internet connection.
This also might be a bit intimidating. Investing without knowing what you are doing, looking for, or learning about investing makes it more like a gamble. We work hard for our money and we do not want to gamble with it. That is why I started this site. I wanted a place to type up my thoughts on books and strategies I’ve read about. I want to share my knowledge with other curious investors who may be new to this as well.
Being thrifty is all about utilizing what is at your disposal. If you have a smartphone with WIFI or data, then you are basically ready. You could purchase fractional shares for as little as $5, and most apps allow this. This is a great way to start owning a business you’ve really enjoyed. Companies you love, you can own pieces of, so why not get started. $5 to some is a lot, but in the grandness of Compounding wealth, if you can spare it, and as often as you can, you’ll have full shares in no time. You’ll have voting rights, possible dividends, and then you can see that small nest egg getting bigger and bigger. Allowing retirement to see a lot less daunting.
The Thrifty Investor is always looking for an easy and accessible way to get started, even if we don’t have a ton of start up money. We look for high yield, low risk investments, good companies to buy and hold, and of course taking advantage of DRIP (Dividend Reinvestment Program). We need to always be on the lookout for deals, whether it’s a company’s stock is an attractive price, bonds are yielding more, or if a new REIT or ETF has come into the market.
The Thrifty Investor will use all items at their disposal, so keep an eye on the apps I have listed on this site as well as the ones I’ve blogged about or have articles written about. These apps have been absolutely crucial to getting started, learning, and achieving more than my 20 year old self would have thought I’d be capable of.
Please, tell us your Thrifty Investing ideas!
Thrifty Investing 