Frugal Framnett

Most money advisers will tell you, when investing, to go long and go long term. Here, long & long term mean two different things.

Going “long” is the easiest understood of investment strategies and that is to buy the item cheaply and sell it expensively.

(more…)

The Stock Market is understood by most people, at least at a elementary level. It is where people buy and sell ownership stakes in companies. Of course, each share typically represents a minuscule share in the ownership of a company, but it is indeed a piece of the action.

(more…)

What you see is a photo of our coin jars and one can containing dollar bills. Every now and then I dig the change out of my pockets. When I do that, I pull out dollar bills as well. The coins get inspected, separated, and placed into one of the cans. Dollar bills either get tossed higgledy-piggledy into the can or counted, folded and place into the can.

I inspect quarters for bicentennial pieces and pennies for wheat pieces. Bicentennial quarters & wheat pennies get set aside and collected.
(more…)

With this post I kick off a category on investing. First off, investing should be a part of every savings plan.

First, let me warn you, I am an information technology professional not a money manager or any such thing. I am giving suggestions for you to further investigate not to act on willy-nilly. Do not take any of these investment strategies/instruments lightly! You can lose serious amounts of money to ignorance on your part, the market itself, or unscrupulous third parties.

The cardinal rule is to not invest more than you can afford to lose. That means you need to invest out of savings not out of your emergency funds or the money you use to make your mortgage payments.
(more…)