Ben's
Beginning
Investment / Savings Page
Greetings! I am glad that you are
taking the time to visit my new page. I recently began my first full-time
job as a teacher. Although I teach math for a living, I know a few things
that I never received in my formal public school and private college education:
a solid background on saving and investing for my retirement. Fortunately
my father informed me of many of the different methods and vehicles for saving
money for both the short-term and long-term.
I have observed, however, that many of my friends and
acquaintances do not know too much about investing and saving money. They
hear many "buzz" words: Dow Jones average, 401(k), IRA's, ROTH's,
etc; however, they have little idea about how THEY can use that information to
begin preparing for important things later on: purchasing a new home, a new
car, a child's college education, and retirement.
In my spare time, I am going to try and explain some of the
things I have learned both from my father and from my own experiences and
readings. I will try and make this page as to-the-point and readable as
possible. Obviously I am not a professional financial planner, and just
because I do something or recommend something does not mean YOU should do
it. IN OTHER WORDS, DISCLAIMER: I AM NOT A PROFESSIONAL; JUST
BECAUSE I ADVISE YOU TO DO SOMETHING DOES NOT MEAN YOU SHOULD DO IT. ALL
DECISIONS HAVE RISKS.
My purpose is to educate. Also, if you have suggestions about things that
confuse you personally and would like me to address it, please let me know and I will do what I
can. I will update it when I can, but I figure once I get most of the
information in, it will give you what you need to get started.
Also, this page is obviously not made by a professional;
however, material on these pages were made by me (unless documented otherwise)
and are protected as my property and cannot be copied or used without my
permission or some reference to this page since it is published on an INTERNET
webpage.
Click HERE to return to the Ben Hanes Homepage
Why should I care about the Stock Market?
What is the Dow Jones Industrial Average?
Who is that Greenspan guy and what is up with interest rates?
Return to Beginning of this page
How much money should I have in the bank?
Where should I put the money I am saving?
How much should I save towards a long-term retirement goal?
Return to Beginning of this page
Do I have to balance my checkbook now?
Does my account change when I go from College/High School to the "real world"?
What properties should I look for in a bank?
What are the differences between a traditional bank and a credit union?
If I am eligible, should I join a credit union?
What properties should I look for in a CHECKING account?
What properties should I look for in a SAVINGS account?
What is a CD (not the music variety)?
What is a Money Market account?
Should I use an ATM card or should I use a Check card?
Return to Beginning of this page
Why should I be investing now and not wait for a few years?
Do I need to use a stockbroker to invest well or can I do it myself?
What is the difference between a Traditional IRA and a ROTH IRA?
Let's say I want one of these things. How do I go about it?
How should I go about investing?
Return to Beginning of this page
What exactly does a credit card do?
Can credit cards be dangerous?
What type of credit card should I get?
What is the difference between a bank check card and a regular credit card?
Are there advantages to using a credit card?
Return to Beginning of this page
It’s new!
It’s new! (9/5/2005)
BEN’S PERSONAL
FINANCIAL HABITS
Return to Beginning
of this page
CLICK HERE TO RETURN TO
BEN'S HOME PAGE
Click Here to Return to the Top of This Page
