Amanda Stanhaus

Tag: investment

Annuity

security. This investment pays the owner regularly. The owner is repaid the principal plus interest.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Appreciation

How investments show their appreciation. If a stock’s price increases, the stock appreciates. This happens when a company makes a lot of money, or people think that the company will make more money.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Automatic Reinvestment

A program that automatically takes the money made from an investment, and places it toward more of that investment!

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Benchmark

Like the pretty girl in the room that everyone judges herself against, this standard can be applied to the performances of securitiesmutual funds and investment managers.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Capital

$$ that is an initial investment.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Capital Preservation

An investment strategy, which looks to not loose the initial $$ invested. But don’t expect high returns.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

New Year’s Resolutions

Whizz! 2013 flew by.

Yikes! 2014 is almost here.

I have lots of big dreams for 2014…I’m not ready to broadcast them yet…they will be reality soon enough!

But in regards to mundane money management—and growth— I’m going to have fun with it!

Organized by category, here are my realistic—yet fun—New Year’s resolutions.

Essentials

The ideal is to pay my credit card in full each month. I’m going to break it down and pay off my balance each Sunday. If successful, I will celebrate by going out for a Sunday nightcap!

Milestones

I’m still saving up for my Vespa. In addition to my automatic saving system, whenever I walk somewhere, the public transit fare I saved will be placed in a jar for safe keeping. The more I walk, the sooner my Vespa will be mine!

Investing

Reading in full my monthly investment statements is no easy task. Eating coconut creme cookies constantly is the easiest task I can imagine. So I am going to mix the two. I will treat myself to coconut creme cookies once a month when I read the investment statements.

Insurance

While I am still on my parents health insurance plan since I am pre-26, I do want check out these exchanges everyone is talking about.  Not that I want to buy my own health insurance until I’m 26…so I will religiously attend weekly family dinners.

Oops

Just like I am able to spot my friends’ future husbands (unfortunately, only my friend’s, not mine), I want to spot my oopses before they happen..  If the potential oops has to do with being frugal, I will ask myself, what would Warren Buffett do? And If the potential oops has to do with being fabulous, I will ask myself, what would Helen Gurley Brown do?

Convo (By: Birdie)

Just like Bettie is making financial literacy fun, I am going to break the mold of the grumpy academic economist and be the world’s first PR-perfect conversational economist. I’ll build my fan base here by translating the economic news of the week into key takeaways to provide a bird’s eye view!

O Canada (By: Belle)

Inspired by Bettie, I will do a monthly review of my RRSP while eating maple creme cookies. And when the review is fini, c’est fini avec the cookies!

Happy New Year! Best of luck with your realistic resolutions!

(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Dividend Reinvestment Plan

dividend  is used to buy more shares of the corresponding company or mutual fund.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Active vs. Passive Investing

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Pre-my Man, I alternated between two dating philosophies.

Active: I was on the prowl. I shamelessly introduced myself to any man that caught my eye.

Passive: Who, me? [bat eyelashes] I fabulously sipped a single malt at the bar and men came to me.

Now that I’m taken, I see the middle path. Desperate does not look good, but playing too hard to get can backfire too. Now, I look fabulously approachable at all times.

My investing philosophy similarly take the middle path.

When investing, I’m in it for the long haul. I’m a value investor, a form of passive investing. I do extensive research before I buy, and then hold on tight to the stock!

Daily, I read the business section, but don’t act like an active investor. Active investors buy & sell throughout the day, hoping to make some quick $$.

It’s been worth it to passively wait to reach my long term goals, but it fun to follow the market!

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)