The 5 Lessons I Learned From The Book Blondes Invest Better
Big Data eCourse
Together with Laudius and another teacher I made a Big Data eCourse in Dutch about what Big Data is, how to analyze Big Data and Privacy & Ethics in Big Data research. With the code: GUISELAINE 10 percent discount (Affiliate).
Index
'Blondjes Beleggen Beter'
I share the 5 lessons I learned from the book 'Blondjes beleggen beter' (Blondes invest better). Okay, I'm not blond, but I am a woman, so this title appealed to me. And I'm looking to build wealth. This book came at a good time. The book contains many good tips and explains many terms from the investment world. Definitely a must for a beginner!
Lesson 1: I Can Invest In Anything
I can invest in:
My own company
Antique
Art
Classic cars
Vacation home
Cryptocurrency
On the stock exchange: Stocks, bonds and other securities
This book is about investing on the stock market. I have been investing in crowdfunding since 2013. I get very little return in Europe with savings with that in mind I neede to make the next step, investing on the stock market. The book discusses the different ways of investing on the stock market.
Lesson 2: I Can Practice Investing
The book mentions a number of 'games' with which I can practice investing on the stock market. A good step as a first time investor is to invest with fictitious money. Note that the games are mainly about short-term profit, while in practice investing in investments is about long-term profit.
Lesson 3: Diversification Is The Magic Word
I will continue to save to have a buffer for unexpected events. I am thinking of having constant income in my savings account for 12 months. If I use it I will refill it immediately. Furthermore, I have now set up investing in crowdfunding nicely and I am earning from it. I will continue to do that. Now it's time to start investing in other things besides Databeet, Myself, bonds and Crowdfunding. This means I want more diversification in my investings. For example, I let Brightpensioen invest for me (I used this for my Tussenpensioen, 2021/2022) and I will invest myself via Degiro and ABNAMRO. I will look for the diversification in stocks, bonds and mutual funds. So a mix of these.
Lesson 4: Map My Finances
For years I have been making a budget for my company Databeet as well as for my private life with which I map my finances. I also set goals. In the book, the author gives the tip to set both 5-year goals and 5–10-year goals, because I have to take this into account when I make my choice in what I invest.
Lesson 5: Set Limit When Buying And Selling And Check My Order
I can set for how much money I want to buy a certain share and then the system will automatically execute this assignment for me when that price has been reached. It is also useful to set a limit on which I want to sell. And a very important tip is to check my order before sending it, so that I don't buy too much/too little or weird things.
Related blogs on my website
Related guest publications
Vis, R. (2021) Hoe beleg jij? Guiselaine (43) wedt op vele paarden Intermediair
Esser, Y (2020) Zo maak je die online cursus wel af en meer tips om bij te leren via internet
Related external links
Related affiliate links
I earn a bit on the sale through the links in this category like writers earn on their books with publishers, more information on the Disclaimer page.