So you’ve been wondering how to invest your money in this economy.  Trust me, I get it!  It’s bad enough having to invest in a down market, but it’s even worse having to be a beginner investing in this tough economy.  I listened carefully to Donna’s story.  She had so many useful questions.  But where was she to go for the answers?

Where should I invest?

How much should I invest?

When is the best way to invest money?

How much should I invest?

Let me give you my “Five Point Star Strategy” for Beginner Investing!

• Invest only an amount you’re comfortable with
• Invest only in something you have knowledge about and believe in
• Invest only after you’ve paid your monthly bills and are up to date for the month
• Invest with people you know and trust
• Follow your gut instinct when investing.

Certainly if you are planning to play the game of money you can’t do it successfully without investing.  So, even if you are just a beginner investing in some market I suggest you begin to explore what is the best way to invest money for you.  You will only reap rich rewards if you get started even though you are just a beginner investor.

So, in talking with Donna this is what I suggested.  Never mind the fact that you are a getting started with little experience and you’re viewing yourself merely as a beginner investing in this bad economy.

Now is as good a time as any.

Furthermore it is probably the best time simply because the market is so low.

Think about it… Everything is on sale.  There’s really no better time than now.

And if you’re feeling overwhelmed by all the information that is out there consider this.  There are so many powerful beginner investing strategies that are safe and secure for anybody in your situation, you don’t have to feel all alone.  But whatever you do, GET STARTED.

If you never get started then you’ll never get finished.

If you use the “Five Point Star Strategy” I’ve suggested above you’ll be off to a great start.  Just consider the benefits.  By following this method you’ll be taking advantage of the system millions have used with success in the past.  It offers financial, emotional and personal security as well as avenues to securing the best way to invest money.

Now, let me also tell you that this is the same system used on my new and powerful blog located at My Well of Wealth. There I offer what I’ve called a My WOW 30–Day Challenge to create a plan to eliminate your debts and start building wealth.  In other words the “Five Point Star Strategy” REALLY DOES WORK!

Notice how it begins with you identifying what amount you’re comfortable with.  Don’t even think of investing if you’re not comfortable with the amount.  I know it may seem really trivial for me to mention this.

You’re probably wondering “Why is he going to spend all this time talking about this?”

Well, just so you know there are thousands who lose their shirt in while starting out as a beginner investing an amount they are not comfortable with.  THAT’S FOOLISH and I don’t want you to get all caught up in that trap.

Second I can’t stress enough the importance of only investing in something that you’re knowledgeable about and believe in.

• Don’t mess around with stuff you don’t understand.

• Don’t play with investments you don’t even believe in.

• Don’t waste time with funds, projects or opportunities that do not appeal to you on an emotional level.

Now, some would agree to this and others would disagree.  Some schools of thought seem to suggest that the best way to invest money even as a beginner investing is to invest in something you are not emotionally tied to.  They further suggest that the fastest and most effective way to find that “something” is for you to search in areas of the market you know little about or have the least interest and belief in.

I think this is utter absolute nonsense and anybody who is just starting out as a beginner investing in the market would be downright FOOLISH to follow such a line of reasoning.

And no I’m not trying to be polite about telling you this.  I’m telling it like it is.  On my blog at My Well of Wealth I’m know to be a straight shooter and I’m going to shoot you straight here as well.

A real fast way to loose all your money is to invest in something you know little about and have no interest in or don’t believe in.  So what am I saying.  I’m strongly suggesting that you start looking for ways and means to invest or leverage your money that fall within what you are knowledgeable and familiar with.

This is sound and meaningful advice to whoever wants to still have their money especially in this market.

The primary advantage in doing this is that you are not going to be ignorant or irresponsible when viewing and understanding what is going on with your company or the investment.  You have some background knowledge that will really serve you and help you stay ahead of the market.  Furthermore, you will have greater peace of mind and personal solitude when you consider how you feel emotionally about your investment.

Now, what I mean when I say that “you should only invest after you’ve paid your monthly bills and you’re up-to-date for the month” is don’t play the fool with your creditors money.

So many people are messing around with money that is supposed to go to their creditor.  It is a mistake to take money that is owed to somebody else and invest it with the hope that it will make more money.

But this is a common mistake that many people use as a beginner investing strategy.  They take money from their expense account that is really earmarked for paying a bill and they invest it.

So, don’t make this mistake.  Leave money that is ear-marked for paying a bill to pay that bill and then invest the money that is left over.

All this works providing you really take on this additional distinction.  Invest with people you know and trust.

Submit every investment offer to the ACID TEST of “Do I know, trust or like this company or these people?”

Now I’m simply suggesting that you get to know the people or the opportunity you’re investing with.  Don’t get caught putting your money somewhere you’re totally ignorant about.

Take some time and get to know the company.  Get to know the product or service.  Get to know the people who own or operate the company.

Ultimately I suggest that as a beginner investing in any market it is wise to follow your gut instinct when investing.

That’s right!

Don’t get caught or trapped in an investment that you feel uneasy about when getting into it.  You may be a beginner investing in this market but you don’t have to be uncomfortable or unsafe.  If you really want to find the best way to invest money in this stagnant  economy start by being at peace with wise and safe investment strategies.

I’ve launched the My Well of Wealth website to offer any beginner investing in today’s market an opportunity to get started right.  Start out by first creating a plan during the My WOW 30–Day Challenge to eliminate your debts and start building wealth.  The next My WOW 30–Day Challenge starts on April 15.  You will be able to get started fresh as a beginner investing with powerful strategies and on a solid platform after taking this challenge.  I look forward to seeing you there.

The Wealth Creation Specialist

Peter Baptiste