iBankCoin
Joined Dec 27, 2015
245 Blog Posts

Why Investing in Stocks can Give you more Play Money

Investing in the stock market does not have to be scary. If you do your homework and study up on a company, you can do well. One way to do good at investing, is to invest in companies that have something in common with you. You are more apt to know about the market of the products if it is something you really like.

 

For example, let’s say you love to kayak, and you do it often. You know what kayaks you like, and which ones you don’t like. You usually kayak with others, and they have their favorites as well. So, you also know which products are not good. You follow your favorite product and know when everything new is coming out. This is a company that you can relate to and watch the market with. If a competition that is lower in stock is coming out with something similar in quality, it might be a good idea to invest in that stock, as it may soar.

 

Once you start getting a knack for investing in stocks, watching the news, listening for information through blogs, and investment pages, it will pay off. Investing in stocks is not just for retirement any more, although, yes, you should be saving for retirement. You can invest in stocks for short term return, if you play your cards right.

 

Why not enjoy life now too, instead of saying, “I’m saving for retirement”. Tomorrow is not always promised, and it is a good idea to spend a little now, to enjoy with your family and friends. There is still time to plan for that motorhome, and retiring to the beaches, or mountains. Short term investing is where it’s at, to having fun, now. You must learn how to do it, as it is a fast market.

 

An inground pool would look great in your backyard. No more loading up the family to find some Summer heat relief. You can have the whole family, and friends over for a cookout, and spending the day by the pool. So, what is the cost of an inground pool? It actually depends on your terrain, how big, and what type you opt for.

 

According to Angie’s List, It all depends on the type chosen. For example, poured concrete, can cost anywhere from $17,000- $45,000. Of course there are the added costs of preparing the ground, and the size chosen. Another thing to note is regular maintenance of a concrete pool. It uses more chemicals, needs to be acid washed and scrubbed more often, and generally has to be replastered every twelve years.

 

A fiberglass pool can cost from $20,000-$30,000, plus installation, but it uses much less chemicals, and electricity. Finally, there is the vinyl liner pool, which is the cheapest option, about $10,000-$25,000. It requires more maintenance and chemicals. Also, the liner will need to be replaced many times, at a cost of $4,000.

 

No matter which you choose, you will still get to have fun in the sun with your kids, and friends, and the bonus is, your investing paid for it. Be smart with your investing, and have fun while you do it.

 

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