Victoria EverleighAs part of my job, I talk about investing a lot. There’s a mindset around investing that often results in people feeling scared or confused, but it doesn’t have to be that way. I believe investing is something that we’re all capable of doing! Here are 7 things to know before you start investing in a Catholic socially responsible way.
Summary
1. It’s wise to have an emergency fund before you start investing (3 months of expenses)
2. Investing is not a get-rich-quick scheme
3. You may already be investing, by virtue of participating in a workplace retirement plan.
4. Catholic socially responsible investment (SRI) funds are typically not offered in workplace plans (I’ll explain why)
5. Stocks vs. bonds: What’s the difference?
6. Passive vs. active investing (learn my laundry analogy)
7. It’s not your money you’re investing; it’s God’s money.
My other posts about Catholic socially responsible investing:
Instead of following me on Instagram, since I don’t have an Instagram, go follow Jesus!