If you’ve been reading the blog in order thus far, you’ll recall that we’re in the middle of a series of posts about knowing when you’re ready to invest and about the foundational items that need to be in place prior to any significant investing. One of these foundational items is the emergency fund. Recapping… [Continue Reading]
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“Am I Ready to Invest?” Part 2: The Emergency Fund Amount
Before we jump into the amount needed in an emergency fund, let’s do a brief recap of the blog to this point. For ministers and seminarians looking to invest, we’ve covered some good ground thus far: We’ve looked at the first step to becoming an investor. We’ve determined to be investors rather than speculators. We’ve… [Continue Reading]
“Am I Ready to Invest?” Part 1: The Emergency Fund
You may have asked yourself this question at some point, even prior to encountering this blog: “Am I ready to invest?” On the surface, it seems like a question that would have a fairly simple answer: “Of course I’m ready to invest? Why wouldn’t I be?” After all, if you’ve read along on this blog… [Continue Reading]
Are You an Investor or a Speculator?
I hesitate to jump too far into general principles of investing, since at this point I have not yet covered all fundamental preliminary information that needs to be addressed prior to investing. There’s a lot more to cover beyond just the first step to becoming an investor. But because the current COVID-19 pandemic that began… [Continue Reading]
The First Step to Becoming an Investor
Every journey begins with a first step, and believe me, investing is a journey. How is it a journey? Well, start by thinking about what exactly a journey is. When we talk about taking a journey, we’re talking about a trip from one point to another. We start at a beginning point, wherever that is,… [Continue Reading]