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The Best Way To Save For College: Invest In Human Capital

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What is the best way to save for my kid's college education?" is a question that comes up pretty frequently for someone in my field. Many advisers quickly answer this question with an explanation of the various college savings plans parents can invest in for their children's future. In fact, if you "Google" the title to this article, you will likely find hundreds of articles and blog entries about 529 plans, Minor Trust Accounts, etc. Many articles will try to tell you which education savings plan is best for you-as if they know you and your situation. Aside from the irresponsibility of making such blanket recommendations, doing so fails to consider many other factors that can affect your child's college and professional path and overall financial situation as an adult. Planning for college, in my mind, does NOT begin when you open up a college savings fund. College savings accounts can be great, and we'll talk about those later - but I believe coll...

Day Trading Stock Picks - The Best Way to Start Trading the Penny Stock Market

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best way to invest 5000 . Many people just don't have the time needed to learn the complexities of the stock market. Or sometimes people would rather spend their time doing something they love rather than watching charts all day. But what happens if you are a total newbie to the stock market or in most cases you don't have that much money to invest in? The single biggest obstacle for new traders is money. It's real easy to have a huge, diversified portfolio if you're already making a six-figure income. But what if you're like most of the public and have only a couple thousand dollars to invest in the market? Are you just stuck buying 10 shares of Wal-Mart and 15 shares of Microsoft? Nope! Try trading penny stocks. Every single month, there are cheap stocks that come from nowhere to explode onto the scene. The tricky part is that it takes some time to scan through the penny stock market to see which stocks have the best chance of exploding. It's an awfu...