At the beginning of this month, I was listening to a podcast (like usual). It just happened to be the Dave Ramsey Show and Dave was going on a rant about the media. He was frustrated that the media only reports the doom and gloom of the stock market crashes, but never reports positive stock market reports.This frustration stemmed from the fact that the S&P 500 earned 20% in 2017 and there was no mention of it on the nightly news. The nightly news may mention a daily gain or loss, but rarely mentions the gains over the course of a year.
Investing Tools: The REIT
A couple of years ago, I first discovered a REIT (Real Estate Investment Trust) as an investment. I discovered this type of investment by reading "Become a Lazy Landlord - with REITs." by Mr. Money Mustache. His article was very intriguing and got me excited about the option of investing in a REIT.
A Complete Review of Stockpile
Stockpile is a company that allows you to purchase fractional shares of stocks. You could purchase just $1 of stock for somebody and you can even gift stock to a nephew or niece in your family. There is no minimum amount of money that you can spend. You could buy just $1 of stock or you could buy $100 of stock. This is the cool thing about Stockpile, you can invest in stock with a small amount of money.
The Stockpile Experiment
I discovered this company, when I was contacted by an employee with an offer. They offered all of my readers an opportunity to receive $5 to invest with Stockpile for free. You receive the five dollars from free by signing up for a free account, by using this link.
7 Reasons We Use Personal Capital (And You Probably Should, Too!)
Personal Capital has found a way to easily track all of your expenses and keep tabs on your net worth on a daily basis. They can do this by the relationships that they have built with both investing companies and banks.