Investing in uranium miners are what most people are investing in and what they are doing. These companies are doing the mining and this is what you are investing in. They operate the equipment to extract the uranium.
Uranium stocks take a lot of research to understand. I would suggest using dollar coast averaging method. By buying the same amount each month you tend to avoid the market swings when it goes up and down.
You could buy regular stocks, mutual funds, or ETF’S . By buying mutual funds and ETF’S you can get several stocks and be diversified
Is Uranium Good Investment?
A lot of countries are curtailing plans for nuclear energy, IN 2019 the price of uranium came down during Covid, China and India in the next ten years will need more energy as the demand for more energy increases. Six countries are the main supplier of Uranium
There is going to be a lot of demand in Uranium in the next ten years . It will increase by over twenty five percent. But you could loose your shirt because what comes up can come down.
Is Uranium Stocks a Good Investment?
Yes if you are diversified and have other investments . Depending on particular investment has to much risk to depend on.
How to buy Uranium Stocks ?
You buy them the normal way online or through a Brokerage Firm.
Uranium Stocks to Buy
Uranium Energy Stocks, EF Energy Fuels, UR Energy. Dension Mine ,
Some of those are Uranium Mining Stocks and some are good Uranium Stocks 2021.
I have given you lot of Tips on Uranium Financials. What are you going to do invest in some of the Stocks, ETF, or Mutual Fund. Please comment below.
People learning to start to invest will have a lot of questions about Investments. They are investing money with having a lot of them looking for answers. Stock investing takes a solid investment plan. It is a roadmap on how to invest in stocks that will try to reduce mistakes.
One Question is How much should a Beginner invest for the First Time?
It is what a person can invest with little risk that you can afford to loose. A person can figure to start at 500 dollars or 1000 dollars to start off. A person can look other factors that effect like financial information, stock predictions , and Investment calculator. Do a lot research.
Easy Ways to Start Investing with Little Money
The first thing is invest in a index fund or stock. One that follows the S&P 500 should be the best way. Index fund most of the time out performs the average manage fund. It is way of getting investment value. You can invest in ETF’S of 500 S&P is also a better way. You buy the stock from brokerage or internet. You can buy 500 dollars a month if that is what you can afford.
Beginning Investing
Investments with Dividends
IF you dollar cost average every month this great to way to pay per month to invest in dividends. What is dividends if you do not know . Company with stocks pays you every three months or yearly on income that the company has made . The dollar cost averaging gets you to put in say fifty dollars a month ,every month. A great way to avoid the market swings.
You getting extra money which helps every one, Use an Investment dividend calculator to help you.
Another Way is an Emergency Fund
You could save money over time in a high yielding fund for six months expenses .Get a high interest savings account. So you can get your money out quickly . You could get in an accident or medical problem that could set you back a long time if laid up.
The question is emergency fund how much. The answer is either six months or a year. You can save for the emergency fund each month. How much emergency funds depends on the amount of the expenses.
Great Article on Investing with Little Money Click Here
The least of the ways would be Individual Stocks
Individual stocks have to be picked and there could be risk. You got to have the right ones or things could go south quick. You got to do a lot research ,look at financials , and get good advice. You can do it yourself or get help.
Etf’s vs individual stocks gives you more diversification and less risk than individual stocks. Individual stocks vs index fund is the same answer.
Another great Article on Investing with little money Click Here
Some Statistics on Investing from Financially Simple
If you start investing from age 45 you are going to have to save three times as much than age 25
Women invest more conservatively than men
75 percent of the men’s salary equals women
Economists say it hard to predict a stock price where 50 percent of individuals say the same thing
Over 21 percent of the people are still paying on a mortgage after age 75
The average retirement produces 400 dollars a month for retirement
Another Way is Real Estate
You could get into real estate market two ways. You could get a mortgage on a real estate near me and put a little money down. You need to make sure that you are getting a cash flow coming to cover more than the monthly mortgage payment. The real estate property for sale should appreciate and you will make some money.
The other way in real estate is to invest in a mutual fund or real estate stocks that deals with real estate. You could buy a little at time to build it up in value. Say buy once a month. You will also be taken advantage of depreciation with an asset backing it up
I have given you a lot of tips on investing. Which of the ideas are you going to use, Buy a ETF , Index fund or Real Estate. Please comment below.
Simple answer is yes. You are giving books top places where people can get access books to read and learn. You are not using them. You can can get a tax deduction . You are giving maybe a poor person a chance again to learn.
Why is it important to donate already used Books?
It gives a person a chance to get things that might not have chance to get. They are not of expensive in value and can make great gifts. You can help charities with their causes.
Of course would be donate books to library . If they have a friend group there who will take the books and try to sell them for the library. Of course you can get a tax deduction but you got to have a receipt and show documentation. Get a fair value of it. Of course donate books goodwill.
The best books of course are hard to get and popular. Do not give damage books. Where to donate books ?Church groups are great plus recycle ,charities, thrift stores. How about Museums and Prison Library. These are where you can donate books near me.
Make sure the library is taking them. The charities can also resale them.
Where to Donate Used Cars?
The first place would be a charity. Call the charity where you are thinking about donating your car. Check the internet to see if legit. See how much is going to help people and how much is going to administrative to run charity. Talk to them on phone about car value, vin number , transfer legal title .Go over it to get a tax deduction
Donate cars to charities you know about. Some charities spend more more money on themselves than their causes. They could take advantage of say donate cars to veterans. Look for in your case donate cars near me.
See what the donate your car charity spends on salaries. Look on the IRS website for registered charities. If it is a non profit you can get a tax deduction. If you donate more than 500 dollars then use I think that you use Form 8283 with tax return.
Some more Charity Tips
Lets say if you donate car for veterans then send the car to them before the donation is finished . There might be an accident you are liable for. Again say you donate cars to veterans . Sell the car first and take the proceeds and give it to the charity. Most of the time charities get less value if they sell it.
I have given you some good tips on charities. What are you going to do. Check them out better. Spread the wealth in used clothes and used cars. Please explained below.
Everybody wants to save money and cutting expenses. The best way to do this is what you are spending on your bills and cutting to the bone. If you want to to start it is to start a budget to see where your expenses are going. You can check it out every month to see where to cut expenses . You got to look at loans, food, energy, insurance ,taxes, major expenditures.
What can you afford with 80000 dollar Salary?
The first thing is house payment. If you take about a third of this out for taxes It leaves roughly around 4700 a month net to play with. You could afford in June,2021 a house payment on a 300000 dollar house. You could afford a 400 dollar car payment a month.
Five Surprising Ways to Cut Household Expenses
Cutting down expenses like grocery expenses that you do not need. Why buy steaks if you do not eat them. Do not take trips that you do not need to take right now. Save it for the future. Cut back on the cable bill . Get some free TV . Try not to eat out as much. Stay home and eat cheap. Cut back on the mortgage by refinance. Cutting expenses to bone on your house expenditures on insurance, phone, and electricity.
Cutting monthly expenses like getting a cheaper car . Do you need a SUV or can you get by with a compact. Reduce subscriptions like magazines or something on the internet. Do not spend on credit cards where you do not have the money to cover the bill. You are just paying interest
Monthly Expenses
How to save Money on everyday Expenses
Your Loans have to be paid
The Biggest Expense is your Mortgage
If you are paying a mortgage or even rent it is taking about forty percent of your income. You know the expense has to be paid but have you thought about living in a less expensive house or apartment. Live below your means. A smaller payment helps lower the budgeted monthly expenses. A lower interest rate helps with a balance of your loan. This can be personal or expenses for business.
You could get a cheaper loan or lower your house payment . If you have a student loan it could expenses incurred for years . You might want to consolidate the student loans into one and get a cheaper payment. Layoff the credit cards and spend money with cash which you can afford. Debt is always the killer of budgets.
Are you shopping around for the best cost for travel ,room and board. I hope so. Do you have to go to Europe, are could you spend a weekend in Atlanta do? Do you need the most expensive places or can you settle for something more reasonable. Go to a lot of places on the online and shop around. It could be expense for debit or credit. Get a expense calculator
Helping you explaining that major cost were housing, medical, and transportation and some ideas on how to avoid the pitfalls. Expense to Budget for. Grocery bills can be gotten under control and how one time with the medical can scare you for many years to come. Watching your clothes bills and trips where you can save a lot of money.
How to Cut drastically Expenses?
Can you afford a car payment or a lease of 500 dollars a month.This not a periodic expense but a monthly expense. Do you need a big car or truck expense ? You could save a couple of hundred dollars a month and use the money for something else. Maybe a used car that is couple of years old and not as big.
You could get a Budget Expense Spreadsheet for Grocery Bill
A monthly budget planner could be used for looking at what grocery expenses that you have to have. Do you buy expensive foods or eat out a lot? It something that should ask yourself. Take the smart way out. When I was in my 20’s of course I ate out a lot . What if I had put a little money in a retirement plan that would grow. Hopefully you are older now and want to save instead of spending.
How to Reduce Expenses and Save Money ?
How about Medical Expenses
Medical expenses can cut a huge hole in a budget. A friend got hurt and they had to be operated on and had no medical insurance. They ran up a huge bill and paying on it the rest of their life.They are two ways to pay for medical insurance. If you get Obama Care you have to pay part of the premium. The regular way is through one of the insurance companies. It depends on what income level that you are on and how many people in your family .Premiums can run as much as 600 to 1000 dollars a month. Your local hospitals only accept certain insurance providers. Again one hospital stay will kill the bank.
WHAT BUDGET EXPENSES FOR CLOTHES
Do you ever wonder about walking down the street and you see a person with not the most expensive clothes and wonder what their net worth is. Most of the millionaires dress like this. People that are riding around expensive cars and big houses are lot of time in debt up to their neck. Maybe you go to Walmart or Target and get those kind of clothes and cut your cost and save money. A lot of people cannot tell the difference.
I have given you a lot of ideas on cutting cost. Are you going to shop at target, get a smaller car, not take a trip. Please comment below.
