How to Invest in the Stock Market

The game is decided and won by those who are prepared. So, let us make the decision to be prepared intentionally with our personal finances. We are entrusted with resources, and we are living in the days of the great transfer of wealth. But are you prepared?

Wealth requires stewardship:

  1. We should be understanding it.
  2. We should be accumulating it.
  3. We should be protecting it.

Past performance does not reflect future investment. YOu can start by creating a budget for your household.

  • Have an emergency fund of 4-6 months of living expenses.
  • Get Rid of high-interest credit card debt first.
  • Do a financial evaluation for your family

Do you know your net worth? This is the difference between your the value of your assets and your debt. What are the 5 most valuable assets you have? What are they worth? Add up all your debts. How many streams of Income do you have?

  • Write out your investing goals for the next 20 years.
  • Write out your investing goals for the next 200 years.

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