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Newbie Needs Advice and Motivation

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5:30 pm
January 28, 2011


goodoboy

Houston

Member

posts 4

Hello all, happy I found this place. I would like to get an opinion on a blog I would like to start. I have a passion for investing in stocks and learning to invest in stocks.

I am still a newbie to investing in stocks for about 3 years now. And I am doing well with my gains. I would like to blog about the stocks I believe is undervalued and have potential to make money. Also, I want to share my knowledge on stock market investing as I learn. And I learn a lot! I plan to discuss investing terminology and how to perform due diligence with making an investing decision. I want the blog to show how the average 40 hour working person can make money in stocks. For instance, I will show how I will use my cash (not alot, few thousand) to make an investment in a stock/company. I will keep my followers updated (my losses and gains) on my investments quarterly. I will also have a category on other ideas to make money that I plan to learn. When I am not writing about the stock trades I plan to execute, I will writing about potential stocks that are undervalued, how to invest, and just my personal thoughts as I work towards finical freedom. After, being laid off for 6 months and finally finding a job, I realize I better start thinking about ways to make money besides the normal 9 to 5 job. I’m bless to have a job, but generating a second income is an idea I think of daily. Hugh learning experience!!

Now here is what I am struggling with and need some advice. I am an engineer (31 yrs old) with limited knowledge on personal finance, investing in stocks, and blogging. So, I am still learning!  Does this make me incapable of sharing advice about investing and personal finance? Can I share my views on different ways to make money? I want share my thoughts about anything that’s neither true nor poor quality. My blogs will contain well researched, analyzed, and ethical writings.

My reason for starting the blog is to share what I am learning, keep me focus on my investments, help someone else save/make money, and because I have a lot to write about money wise. Eventually, I want to generate a decent (a few hundred a month) income from blog through my blog. Also, I don't know much about advertisements, but I'm willing get many headaches learning. I have been reading on other personal finance and investing blogs and they offer great advice. Perhaps, I can do the same. I notice how each personal finance blogger support each other. Good job!

I am hoping to get some good honest advice and suggestions. I like the idea of The Yakezie Challenge and plan to join.

Thank you in advance.

5:49 pm
January 28, 2011


Suba @ Wealth Informatics

Moderator

posts 1876

If you wait until you know everything, you will be waiting for a long time :)

Just jump in and write what you know, your success, failures, what you learn… people will learn along with you. I don't think 99% of the personal finance bloggers who write are an expert in that field. We share what we know (if our understanding is wrong, someone will point it out. DOn't worry :) ). It is just the collective knowledge and the sharing that makes it worthy.

If you want to start, start now.

Visit me @ Wealth Informatics Financial freedom through information

Connect with me via Facebook Wealth Informatics page

Follow me with Twitter

Have a comment or want to say hello – wealth [dot] Informatics [at] gmail [dot] com

Editor @ Broke Professionals

6:11 pm
January 28, 2011


Budgeting in the Fun Stuff

Member

posts 3048

I'm in the "just jump in" category.  I'm not an expert as anything, but being open, friendly, and fun has led me to where I am so far.  :-)  Good luck!  Jump in!!!

Crystal

Yakezie Member Site: 

Budgeting in the Fun Stuff

Ebook:  How I Make Money Blogging:
The Beginner's Guide to Building a Money-Making Site

Email:  budgetingfunstuff *at* gmail *dot* com

You can also find me on Twitter and Facebook

8:21 pm
January 28, 2011


Sustainable PF

Member

posts 2759

check out div.net – its a group of dividend investors who post on investing

 

I also like …

dividendguy

intelligentspeculator

buylikebuffet

dividend growth investor

dividend monk

 

a good place to start.  figure out where these writers link to and explore!

Visit us at Sustainable Personal Finance

Or Earth and Money

Follow us on Facebook, Twitter and RSS!

9:33 am
January 29, 2011


goodoboy

Houston

Member

posts 4

Budgeting in the Fun Stuff said:

I'm in the "just jump in" category.  I'm not an expert as anything, but being open, friendly, and fun has led me to where I am so far.  :-)  Good luck!  Jump in!!!


Thank you so much for the advice. Thats what I needed read! I am starting my plan now.

9:36 am
January 29, 2011


goodoboy

Houston

Member

posts 4

Thank you all for the advice. Most of the blogs mentioned here I been to and will visit weekly for updates and leaving comments.

I will begin planning soon and if I need any advice, I know where to come. I will update you on my progress.

Again, thanks.

8:19 am
January 30, 2011


Derek@LifeAndMyFinances

Member

posts 1298

I think it's a great idea to jump in and start writing about what you know. There are plenty of people out there that are searching for advice on the market. Good luck! :)

Derek @ Life And My Finances 

Website: http://www.LifeAndMyFinances.com

Twitter: http://twitter.com/LAMFinances

Email: derek@lifeandmyfinances.com

8:36 am
January 30, 2011


JT_McGee

Member

posts 723

Get to going!

 

If nothing else, it will be fun to see how your writing/understanding of personal finance changes over time.  Write for yourself too, its a great way to pound the new ideas into your head. 

JT McGee – MoneyMamba

URL: MoneyMamba.com 

Twitter: @JT_McGee

Recent Post: Are We Halfway Through Our Lost Decade? (4 Charts Inside)

7:31 am
January 31, 2011


Khaleef @ KNS Financial

Fat Guy, Skinny Wallet

Member

posts 3149

I'm with everyone else. Just get started! It will be great to see how your writing and site changes over time.

Khaleef "Fat Guy" Crumbley

My Battle to Lose 100lbs and Pay off $100k in Debt:

http://fatguyskinnywallet.com

http://twitter.com/FGSW

http://www.facebook.com/fatguy…..innywallet

Personal Finance From A Biblical Perspective:

http://knsfinancial.com

http://www.facebook.com/knsfinancial

http://twitter.com/knsfinancial

1:24 pm
January 31, 2011


Eric – PersonalProfitability.com

Portland, OR

Member

posts 2120

Sounds like you have a good idea.  I think "newbie" investors can make the best bloggers because as you learn you always have new things to say.  Let me know if you need any help.  I'm just an e-mail away.

6:27 pm
January 31, 2011


Jaymus (RealizedReturns)

Member

posts 86

Go for it!  I'll be your first subscriber!  I haven't found my own set direction yet, still blogging abotu any finance topics of interest to me, ut ivnesting is my real interest and I too have a lot to learn (part of my reason for joining the blogging community).

8:43 am
February 1, 2011


My Personal Finance Journey

Member

posts 3159

I agree! Go for it! I am also an engineer, and personal finance is a hobby of mine. It actually gets more motivated to learn to know that I have an outlet (a blog) to publish my thoughts to. 

Some of the best investing blogs I have read are http://barbarafriedbergpersona…..nance.com/, freemoneyfinance.com, and mymoneyblog.com. Take a look at those and read how they invest to get a feel for how to structure yours! 

Jacob @ My Personal Finance Journey

Visit me at My Personal Finance Journey

Email me jacob@mypersonalfinancejourney.com

Be my Facebook Friend, Follow my journey on Twitter

3:50 pm
February 5, 2011


Sunil from The Extra Money Blog

Member

posts 362

i'd say ready, then aim, then fire. . . but make sure you don't get stuck at any one stage for an extensive period of time. go with your gut when it says you are ready then just do it . .  you can always go back and re-aim

The Extra Money Blog– Expedited Wealth Building Through Multiple Streams of Active & Passive Income (Entrepreneurship, Internet Marketing, Personal Finance)

7:16 pm
February 5, 2011


moneycone

Member

posts 617

Just jump in! Offer what you know, learn what others have to offer!

10:33 pm
February 5, 2011


moneysmarts

Member

posts 240

Go for it. You don't have to know a lot to write about it – in fact those of us who are still learning often write the best posts. Heck, I've been writing about personal finance for 3 years now, and a lot of people might say I still know nothing. :)

6:40 pm
February 6, 2011


Barbara Friedberg

Member

posts 1302

Good luck with it. And be sure to have some fun along the way. There are lots of us here with an investing bent or some investing posts. Good luck. also, feel free to pick up my free eBook and tell me what you think: the 20 Minute Guide to Investing. It's on the top right of my site.

9:21 pm
February 6, 2011


goodoboy

Houston

Member

posts 4

Wow, I really appreciate all the advice. I really do!! Thank you all. I been missing for awhile due to long hours of work at my full-time job. Plus, I am rushing to build a website that may bring in some extra income via advertisements. Once this is done, I can get back to my passion of stock investing and researching. Meanwhile, I started keeping a list of topics I would like to discuss on my blog.

 

Again, thanks for all the motivation and I plan to communicate with you all again when I get started.

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