In today’s dynamic financial landscape, being a thrifty investor is not only a smart financial move but also a necessary one. With economic uncertainties and market volatility, finding ways to save money while building a solid investment portfolio is paramount. In 2023, the key to financial success lies in prudent decision-making, resourcefulness, and a thriftyContinue reading “10 Ways to Be a Thrifty Investor in 2023”
Tag Archives: dailyprompt
CPI Data – Inflation – What To Do
This morning had some interesting information released about CPI. The fact is, it’s higher than what we expected, and it seems like oil prices are partly to blame. With this news in the forefront today, I expect at least for the morning, the market to be red. Why? Because it means the Fed is notContinue reading “CPI Data – Inflation – What To Do”
Put The Phone/Computer Down
Quick! Stop looking! It’s gonna be a red, bloody red day I believe. Anything new? No, not really. Just ratings agency’s spreading doom and gloom, lowering ratings on banks and of course, trying to shake investors out. Aren’t we past this story? It feels like it’s been a tug of war, and it’s not evenContinue reading “Put The Phone/Computer Down”
Further Turmoil – Decisions to Come
If you’ve been paying attention, it seems a little sprinkle of doom and gloom, all over again. Rate increases from the Fed to tone down inflation may still happen, leading the time for rate decreases to extend. We’ve also had the debt and credit downgrades causing a tailspin, as well as a less than excitingContinue reading “Further Turmoil – Decisions to Come”
How I Would Like To Retire
When I close my eyes and think of retirement, I think of my wife and daughter on vacation somewhere. I think of how young we look and how far we’ve travelled. I think of all the fun we can have, not working the typical 9-5 or 8-4’s. I think of all the culture we canContinue reading “How I Would Like To Retire”
Three Books That Have Had An Impact
I know what you are thinking. Didn’t we see an article on ThriftyInvesting.net talking about books already? The answer is yes, but that doesn’t mean this new post lacks information you might have missed before. Books have a way of opening up your mind, wrinkling the brain, causing you to learn. I can absolutely sayContinue reading “Three Books That Have Had An Impact”
Overcoming Fear & How
What fears have you overcome and how? The fear of investing and the fear of putting yourself out there. Those are the two fears that came to mind when I read this prompt. When I first started learning about the market, it was a very big deal to open the brokerage account, but even moreContinue reading “Overcoming Fear & How”
Legacy and What You Leave Behind
What is the legacy you want to leave behind? This is a simple question for me, but it is loaded. I want my wife and I to leave a legacy for our future family members, a legacy of generational wealth. Generational wealth would be huge for the futures of our kin, allowing them more possibilitiesContinue reading “Legacy and What You Leave Behind”
What’s the Oldest Things You’re Wearing Today? – Speak Thrifty to Me!
I am going to put a bit of a spin on this question. Since this is Thrifty Investing, we want to make sure that the topic matches our website and what we are here for. And what are we here for? Thrifty Investing Tips! The question: “What’s the oldest things you’re wearing today?” Well, thatContinue reading “What’s the Oldest Things You’re Wearing Today? – Speak Thrifty to Me!”
A Small Improvement You Can Make
I really enjoy these writing prompts and I typically only take advantage of the prompts that can relate to investing. The question, “What’s one small improvement you can make in your life?” Well for me, it’s a small improvement that turned into big improvements that eventually turned into a whole new interest for me. WhenContinue reading “A Small Improvement You Can Make”
