One of the things that makes people fearful when it comes to investing is the idea of loss. Some people are more afraid of loss than others, and so they aren’t willing to risk very much. Others can handle the bigger losses. How much you risk you can stand — what you are willing to lose — is sometimes referred to as risk tolerance. And before you invest, it is important to take a look at your own risk tolerance.
Risk tolerance is more than just fear. It involves your financial as well as your emotional state. Indeed, you need to …read more

One of my best sources for inspiration comes from other people’s questions. So, I’ve started an “Ask the Piggy Bank.” You can drop me an email with personal finance questions, and every so often I’ll answer them on Yielding Wealth.
Today I’ll start with a great question from an associate of mine in the blogging world:
“I have a couple of thousand dollars that I would like to put away.
Currently, I’ve been using CDs, but are there any other good, low-risk
areas I can put the money? I don’t need it for at least a year or so.
Oooh. Good question. Especially in the …read more

Investing is becoming more and more the tool of choice for many when it comes to yielding wealth. After all, it has all of the elements of the ability to build wealth: offering time for compound interest and returns to take place, and providing a place for you to pay yourself first. Here are three things that can help you as you start investing:
Maximize returns: Do careful research to discover which companies are likely to grow, or at least remain stable, in the coming years. Look at fundamentals and business practices. Look at recent performance. You want a company with …read more