The First Dollar

Resisting is doing: produce different results resisting previous ways.
Money basic: Save money and money will save you.
Fact: the first dollar saved is the noblest of financial aims. For many it doesn't seem worth it but save one dollar every day for 30 years and it will grow into $80,633 if it is invested at an 11% interest rate.
How: go to www.sharebuilder.com . Open an individual account and begin building an investment portfolio. Fund the account by setting up an automatic transfer from an existing bank account or send a check or money order for any amount you choose to start with. Five dollars will make it happen. Pick a stock to purchase on a weekly, monthly or periodic basis. At sharebuilder you can buy partial shares of a stock. For example if the price of one share of Exxon Mobil gas is $43.67 I can purchase $10 of the Exxon Mobil gas stock and build on it to increase the number of shares of the stock I own. The investment can be changed, stopped or restarted at any time. The stock market is where you become part owner of a company by buying pieces of the company called stock. Even with all the ups, downs , and swings of the stock market, blue chip companies and index funds gave a 12% return over the past 7 years. No bank will offer that. Choose companies whose products you use, companies that are doing well because of your dollars. Coca-Cola (KO) Nike (NKE) McDonald's (MCD) Target (TGT) SprintNextel (S)
Watch: your money increase over time. The journey toward wealth begins with the first dollar. Start where you are and see where you take it. QUESTIONS?