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The Nuts and Bolts of Investing for Beginners

Gary North

The discipline of regular investing is more important that the actual investments. This discipline has disappeared in the United States. In 2005, personal net saving went negative. This continued in 2006.

The discipline of thrift reflects a mind-set: future-orientation. This is the crucial component for building long-term wealth, both individual and national.

The easier that you can make your personal investing program, the better. It is the regularity of the process, month by month, that adds up. I am big on monthly withdrawal programs. Have your employer deduct money every paycheck. Put it anywhere, even a passbook savings account. You can allocate the money to various investments later. Never forget: "If you ain't got it, you can't invest it."

I am also a partisan of tithing 10% of your gross income to your local church. I have written a book on this. Read it here: Tithing and the Church.

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I see this over and over. keep reading

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This twenty-something super-rich schnook is addicted. keep reading

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Here is a list. Fill it in. keep reading

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Does your child's education really matter that much to you? How would you prove this to a stranger? keep reading

Video: Stages of Investing
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These stages are not well understood. The sooner someone understands them, the sooner he can begin to plan. keep reading

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Most people will never go through this exercise until they are forced to by a pink slip. Go through it now. keep reading

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This sounds right to me! keep reading

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Not if you and your child follow conventional wisdom. keep reading

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It isn't a falling price of gold. keep reading

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The commodity futures trading pits are empty now. They had been open for 150 years. keep reading

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Without money, we die. keep reading

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