How You Should Save
An introduction to investments
Four chapters deep into economics-based personal finance, and subscribers know how to make really good personal finance decisions. If you are convinced individuals and households are best served by targeting their highest, long-term living standard, then you know from reading Personal Finance Economics that a “savings” plan can result from financial planning, not necessarily prescribed before planning has taken place.
Many save for a purpose, like James Cole for his granddaughter, opened up today for all subscribers. Because savings has an accumulation partner, named “investments,” the first installment from the fifth chapter explains our intent to make investments conversational,
“We are guided by the belief that some descriptive knowledge about investment alternatives can help a reader of any background make a sound, unilateral decision or affirm the recommendation of an investment professional they trust with their money. We dive into terminology and content to help readers avoid making bad investment choices while sharing resources to build an investment foundation.”
Today: We begin describing an organizational investment framework for a household, an argument in favor of a brokerage account, and the beginnings of investment terminology.
Excerpt:
