Preparing to be an investor

What is this blog about? Well, I am a personal finance expert, but I don’t invest. Okay, I buy index mutual funds through my retirement accounts, but I don’t really invest otherwise. There are many reasons for this, some of which are simply time. It takes a lot of time and energy to properly invest in the stock market and until recently I have not been willing to put so much towards investing. But just for fun, The Money Professors has decided to invest $1,000 in the stock market. So we are going to document our every move and what we learned from our efforts. We will post at least once per week (barring busy times such as vacations, finals week at college, etc.). Sometimes we could post more frequently just because. So sit back, read and enjoy our experience with the stock market. Oh, I will also post our account balances as well so you can see how we are doing. Good or bad.

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The three authors, Bill Pratt, Mark C. Weitzel, and Len Rhodes, are industry leaders in personal financial education. Together, they have a combined 75 years of experience in banking, economics, and entrepreneurship. Now, they teach thousands of students personal finance concepts and decision making skills, author textbooks and public press books on personal finance, and help schools develop innovative personal finance literacy programs. Recently, they were instrumental in developing a personal financial management certification program for leaders in higher education. The other books in The Money Professor series include The Graduate’s Guide to Life and Money and Extra Credit: The 7 Things Every College Student Needs to Know about Credit, Debt & Ca$h. Their books, lectures, and programs give students, parents, and educators the tools and knowledge to make good financial decisions all their lives.