With credit due to Professor Harold Pollack, check out these basic ideas of investing.
If more space were available, I would add a few words to some of Professor Pollack’s suggestions. For example, if your company offers stock at a discount, take advantage of that opportunity and then sell the stock when possible and move into non-managed ETFs.
Look up The Golden Rule of Investing. There are numerous blog posts on this topic.
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Lowell Herr says
Everything written on this 3 x 5 card can be found somewhere on this blog, so this material is not new.
When I was teaching physics, I gave closed book tests, but students were permitted to bring a 3 x 5 card to class with any information they felt necessary to take the test. By the end of the year those cards were packed with useful information. Students found filling up those cards was a great way to review for a test. You now have your 3 x 5 investment card available and ready to fill out the back side.
Lowell