Dear Readers,
When we were young, many of us had the opportunity to learn the basics of money. Start a good job or business. Don’t spend more than you make. Save your extra pennies. Even better, invest your extra money in stocks and bonds. Or at least we were told those were the basics of money…
The truth is that money is a lot harder than it should be. Most people spend their whole lives working for their money, but struggle to get their money to work for them. Want to grow your money without a lot of risk? Good luck when interest rates in real terms are low. Just want to keep the money you already have? Not likely thanks to the ever-pressing reality of inflation.
Regardless, we do our best with what we’re given. Trillions of dollars sit in bank accounts. And even more trillions are put into stock markets around the globe, since most of us have been taught that the best way to grow a nest egg is by investing in company stocks. If you’re lucky, the value of your stock holdings will go up. But at a minimum, a lot of people will get income through the payment of corporate dividends.
