How To Invest in “Expensive” Stocks

Last year, a valued member of the Girl$ on The Money community tagged me on a post. She was surveying her audience about whether she should purchase Amazon shares or wait until the price drops.

Here’s how much the stock was trading at on Friday 06/26/20:

AMZN

Source: Yahoo! Finance

One. Single. Share.

Fast forward almost 18 months later (-08/17/21):

Screen Shot 2021-08-17 at 11.49.18 AM

Now, here’s something I always tell my clients and students: You shouldn’t base your investment decisions solely on the price of a stock.

Instead, the decision should be based on the company itself and it’s potential to continue being a successful and thriving business for many years to come.

How do you find out more about a company’s potential? By doing your research (more on this later). 

I clearly remember when Amazon reached the price of $1,000 per share – back on June 2nd, 2017, to be exact. Many people probably felt like they “missed the boat.”

Now, over $1,600+ later, those same people realize they actually hadn’t and are now probably wondering the same thing once again.

You shouldn’t base your investment decisions solely on the price of a stock.

It can turn into a vicious cycle where you remain on the sidelines wishing you would have made the investment and constantly feeling like you missed your chance as you see the stock shoot up into the stratosphere.

Now, let’s be honest – Amazon’s current stock price is definitely quite astronomical. However, that doesn’t mean you can’t still become a part-owner – if you wanted to.

I also want to point out that Amazon is not the only “expensive” stock out there.

In this post, I want to provide you with strategies you can implement to any “pricey” stock you might be considering. Perhaps a stock that might seem expensive today but still has the fundamentals necessary to continue growing and thriving going forward.

Before we get into the strategies, here are a few questions you can use to kick-start your research before adding any stock to your portfolio:

  1. Do you believe the business will still be operating and thriving in the next 5-10 years? 
  2. Have you looked “under the hood” of the business to make sure it is solid? For example – do they have cash? how’s the debt? are they growing sales and profits?
  3. If the whole market “crashed” immediately after you bought the stock – would you still consider it a strong investment with the power to rebound?

Note: These question are just a starting point. In addition, I also look “under the hood” of the business by analyzing the company’s financials and other metrics. All of which I share in the Stock Analysis module of our Stock Investing Bootcamp for Beginners.

INVESTING WITHOUT RESEARCH

Now, once you answer the above questions and reach positive conclusions, here are some ways you can invest in companies that might seem “out of reach” based on price:

Buy fractional shares: 

Some online platforms and apps will allow you to buy a fraction of any stock with whatever dollar amount you can afford.

Partial Shares

Instead of purchasing a full share, you would be buying 1/3 or a share or 1/4th of a share – whatever your money can afford you. 

For example,  let’s say you only had $200 to allocate to a stock that costs $2,600, you would be allowed to buy fractional shares and wouldn’t have to wait until you saved over $2K to be able to buy a piece of the stock. 

Some apps/investment platforms that allow for this include:

  1. Fidelity – the app version of fidelity allows for partial shares
  2. Schwab – A new service called “Stock Slices” allows for partial shares
  3. M1 Finance – I wrote a post about it which you can check out here

Note: All of these platforms are also commission-free which means you pay no fees to invest.

Buy an ETF that includes the company as a top holding:

ETF stands for “Exchange Traded Fund” and it is an investment vehicle that is very similar to an Index Fund. However, much more flexible and with a lot more options.

Although I am an advocate for high quality individual stocks, ETFs are a very close second when it comes to my favorite type of investments.

I can’t remember where I heard this from but I loved the analogy:

You can think of an ETF as if you were buying a variety pack of chocolates as opposed to just one kind:

STOCK VS. ETF

When you purchase an ETF you are buying a “basket” which contains pieces of different companies. The good news is that this “basket” often sells for a fraction of what one share of a stock would cost.

As an example, remember that, as noted earlier, one share of Amazon stock in this day and age will cost you ~$2,690.

Now, here’s an example of an ETF that has Amazon as a top holding and sells for a fraction of that price!

Example #1: This “basket” (ETF) currently sells for ~$176:

Screen Shot 2020-06-26 at 7.01.22 AM

*Prices are valid as of 08/17/21

Now – understand that not all ETFs are created equal.

There are metrics you should look into before making a decision on the best ETF for you and your investing goals. Checking out the holdings to make sure the companies you like are on the list are just one piece of the puzzle!

Note: You will notice I did not include the names of the ETFs in the examples above. This post is for educational purposes and to show you (with real examples) that you have plenty of options.

If you’re interested in learning more about this topic, check out our highly rated ETF course.

And that’s all folks!

Thank you for reading. Let me know in the comments if you found this post informative and practical.

Cheers to HEATLH and Profits!

Mabel

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Ready, Set, INVEST!: Enrollment for the next edition of our beginners workshop will open soon! Make sure your name and email are on the waiting list by clicking here: RSI | Waiting List

Understanding Your Investing Options: Looking for a Master Guide that explains in simple and practical terms ALL of the investing platforms available this day and age, types of investment accounts, types of investments, and beyond?! Check out this amazing resource.

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My investing story: Thirteen years and counting

Hello, everyone!!

In July of 2021, I celebrated 13 years as an investor – it has been well over a decade since I started to invest on my own and manage my portfolio.

Below is the backstory about how it all happened. Grab your favorite beverage, and let’s go down memory lane 🙂

Blog post photos Investing Story

I discovered the stock market for the very first time during my senior year as an undergraduate student. 

I arrived at the State University of New York at Albany (SUNY-Albany) registered as a Computer Science major. My “dreams” were “crushed” soon after enrolling in Computer Science 101 and realizing everything sounded like a foreign language. I felt lost and confused. 

Even after getting a tutor, I still found the subject extremely hard.

Before college, I attended public schools in Bronx, NY, and had never taken a computer science course in my life. However, I loved the idea of technology. I also graduated salutatorian from my high school. I had a lot of confidence in my ‘smarts’ and the idea that I would be able to just “get it.” Guess what, that wasn’t happening.

I felt discouraged and discussed this with my college counselor. I had no idea what to do next. He suggested I consider majoring in Business instead. 

At first, I was skeptical, but then it kind of started to make sense. I grew up with a father who had a very successful business for YEARS (he still does!). I also loved math and numbers and all that good stuff. Majoring in Business actually started to sound interesting. 

I slowly started adding business courses to my schedule. 

In the fall of my senior year, I enrolled in a class that completely changed my life – “Investment Management” by professor Christopher Faugere (I still clearly remember his name and the course). 

As someone who had NEVER been exposed to the world of investing in any way, shape, or form, I found the course extraordinarily fascinating and was hooked from the beginning. 

The core of the class was to learn the general concepts of investing and how to analyze publicly traded companies. Our project for the semester was to apply everything we had been learning to build a virtual stock portfolio. 

While my teammate and I didn’t win the most “profitable portfolio” contest, we got a 92% on our paper.

I also won something far more valuable – I found a passion. 

I immediately switched my concentration to finance. 

finance

The actual report that I’ve saved for well over a decade!

In May of the following year, I graduated with my Bachelor of Science in Finance. I went on to work a corporate job in the insurance industry. 

Although I dreamed of working in Wall Street for a well-known investment bank, the reality was that I had zero connections in the Wall Street world. 

As a minority (Latina) and a female, I was not very well represented in the finance world (we still aren’t). 

I was afraid I would graduate jobless and disappoint my parents. And, so, I decided to go with the insurance job.

All I could think about day in and day out was how I could start investing and often ask the “universe” to send someone to explain it to me. 

Notice that even with a Bachelor of Science degree in finance, I was still clueless and confused about the actual process of investing. Formal education rarely, if ever, shows you the practical side of how things work in the “real world.”

Nonetheless, I was eager to learn the step-by-step process of investing. I would read and listen to everything I could find on the subject. 

I would say I was borderline obsessed, and I may or may not still be the same today =). 

It took a few years for me to finally meet someone that taught me the actual process of investing. As my higher power, luck, or the universe would have it, this person was a new hire at the insurance company where I first worked. 

The crazy thing is that they could have sat this person anywhere in that office, but they sat him right next to me, and we got to talking.

March 2021 cohort WELCOME

Talking about stocks to anyone who would listen is something I had been doing for YEARS, so naturally, the conversation came up. 

Most of the time, I would be greeted with blank stares and confusion. However (and thankfully), this time was different. To my pleasant surprise, this person shared they had been investing for a while and dedicated the following weeks to teaching me everything he knew about the subject.

I would be forever thankful to that person (Alimo). If it wasn’t because he “magically appeared” in my life, perhaps I would have never found the confidence to start investing. Or, maybe, I would have started much later in life.

I even gave him a shout out in the dedications page of my first book:

Screen Shot 2021-08-03 at 12.32.28 PM

I know there are no coincidences in life, and I took that ‘serendipitous’ meeting as a gift from God, my higher power.

Finally, in the summer of 2008, a few months shy from the financial crisis that shook the world, I opened my very first online brokerage account. 

I bought 4 shares of stock from my favorite company at the time – Google ($GOOGL) a few days later. 

I remember the day clearly, and I was so excited I think I almost cried. As you could probably tell by the fact I only purchased 4 shares, I was still a little bit “hesitant” and working on getting the hang of it. 

I was so excited to go through the actual process and just learn hands-on how to complete an investing transaction from beginning to end.

As the housing bubble got crazier, big corporations started going out of Business, and the stock market started going downward. Even with the chaos, I was not discouraged in the least. 

Instead, I remember being super excited and started to buy shares of high-quality companies at deep discounts. The circumstances only strengthened my love for investing, and I continued educating myself on the subject.

As time went by and my passion continued growing, I decided to pursue an MBA in Finance and Entrepreneurship, which I finished with honors in the spring of 2014. 

I learned a ton in those business classes, mostly fancy finance formulas and being strategic about business practices. 

I also learned that no one needs an MBA or finance degree to become a successful investor.

Once I finished my MBA degree, I considered whether it was time to pursue my “lifelong” dream of a Wall Street job. 

However, as the universe would have it, a semester before I graduated with my master’s, I got the idea for Girl$ on The Money. The name popped into my head while sitting at a cubicle at my corporate job at the time, which happened to be in Wall Street (but had nothing to do with investing).

In the spring of 2014, after finishing my MBA, I finally quit my last job in the insurance industry. 

I decided to pursue a strong mission that sat in my heart: Teaching investing to women, minorities, and individuals that aren’t typically exposed to this incredible skill.

 

Live, save, invest GOTM

Despite wanting a “Wall Street Job” so bad for many years, when I got the idea for Girl$ on The Money, things started to make a lot of sense. 

I soon realized that maybe my mission in life is not working on Wall Street, making the wealthy wealthier. My mission is to spread the knowledge of investing education and show (in a practical hands-on way) that investing is NOT rocket science. 

Everyone has the power to invest and be successful at it. 

Today I manage a profitable portfolio of various stocks, most of which I’ve held for several years. I’ve also helped hundreds of students and clients do the same. 

Seeing your money grow in an investing account VS. seeing your money make pennies in a regular bank account is an eye-opening and empowering realization. This is one of the many reasons I feel so passionate about sharing this information with the world.

Educate yourself about how real investing works, make educated decisions, and practice patience – you can grow your wealth faster and efficiently. 

Investing is a world that many of us are not exposed to – sometimes ever! 

Through Girl$ on The Money, I am here to change that.

you dont need

 

Thank you for being part of our community and coming on this journey with me. If you have any questions about anything, I’m always an email away.

Cheers to health, love, success, and profits!

Mabel

 

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Courses & Resources:

Stock classes – 

Start here: If you’re brand new to the investing world and would like to learn the basics of investing, check out the Ready, Set, Invest workshop. 

Or here: If you want to learn the basics AND take it several steps further into stock analysis & beyond – check out the Stocks Bootcamp. Enrollment is now open. 

Digital Guide  – 

Understanding Your Investing Options: Starter Guide for Beginner Investors. Check out details here.

 

What I Read: March 2021

Hey, everyone!

I know I’ve been slacking on updating these posts, but I’ve not been slacking on my reading. This post is about a month late, but better late than never :).

Here’s what I read in March 2021 –

Secrets of The Millionaire Mind 

Author: T. Harv Eker

Mente Millonaria

As you can see, I read the Spanish version of the book. I read the English version about five years ago and did not like it for some strange reason.

However, picking it up several years later and in Spanish allowed me to see the book with fresh eyes, and I enjoyed it.

If you’re looking for a book that can help shift your mindset regarding prosperity and abundance, this is it! I read it faster than I thought I would.

And so, that brings me to the fact that I ended up reading two books in March.

Here’s the next one:

Believe IT: How to Go from Underestimated to Unstoppable

Author: Jamie Kern Lima

I’ve been a fan of It Cosmetic and the charismatic founder ever since I came across their infomercials about 6 or 7 years ago. I typically immediately flip the channels when I come across QVC or any other network that sells products to people at random times of the day.

However, with the It Cosmetics episodes, I often became mesmerized and would sit and watch. Jamie is someone that doesn’t look like the “typical” makeup expert or model.

She is relatable and was selling a high-quality product that did what it promised. I think the combination of that had a lot to do with her success.

After countless rejections from all over the place, including QVC, It Cosmetics eventually became the #1 makeup brand in the country. A makeup conglomerate subsequently acquired it for 1.2 Billion dollars.

This book is very inspiring. It also allows readers to get to know the founder on a much more personal level. Check it out!

And that’s all folks 🙂

Tell me: What have you been reading recently? Share below!

Cheers to Health and Profits,

Mabel

*****

Courses & Resources:

The Stock Investing Bootcamp: Six Weeks to Your First Stock (and Beyond!): To get on the waiting list and get details of the next edition, make sure your email is here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.

What I Read: February 2021

Hello, everyone! I am back with another update on what I’ve been reading lately.

If you’ve missed my prior book updates, check out previous posts :).

With that said, here’s what I’ve been reading in February:

Untamed 

Author: Glennon Doyle

Untamed

Ok, so, to be completely honest, what caught my eye about this book in the first place was seeing it all over social media towards the end of last year and the beginning of this year.

I then started seeing powerful quotes and excerpts from the book that motivated me to check it out. For example:

“This life is mine alone. So I have stopped asking people for directions to places they’ve never been.” 

“The only thing that was ever wrong with me was my belief that there was something wrong with me.” 

“When a woman finally learns that pleasing the world is impossible, she becomes free to learn how to please herself.” 

“Every time you’re given a choice between disappointing someone else and disappointing yourself, your duty is to disappoint that someone else. Your job, throughout your entire life, is to disappoint as many people as it takes to avoid disappointing yourself.”

Powerful, right?!

Ok, so here’s my honest feedback about the book: I wasn’t a big fan of some anecdotes and life stories. However, I am a huge fan of empowering messages, and this book had a lot of that!

Through stories and examples, Glennon talks about living an unapologetic life.

As long as we’re not causing intentional harm to others, we should all be doing what makes us feel alive. We have a duty to live our life to the fullest, and we all must liberate ourselves from the fears of disappointing others in the process.

We should make a conscious effort to eliminate feelings of hesitation and fear from our lives. It is easier said than done but something to work towards!

Glennon speaks from experience and has a very empowering story. She left a life many would have considered “picture perfect” to start all over again.

Great book overall. If you’ve checked it out or plan to, let me know!

And that’s all for now!

Tell me: What have you been reading recently? Share below!

Cheers to Health and Profits,

Mabel

*****

Upcoming Courses & Resources:

The Stock Investing Bootcamp: Six Weeks to Your First Stock (and Beyond!): Enrollment for the upcoming edition of this comprehensive course will open soon. To make sure you receive full details, make sure your email is here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.

What I Read: January 2021

Hello, everyone! I am back with a quick update on what I’ve been reading lately. This post is obviously “a bit” overdue, considering we’re in the middle of February. However, I wanted to share this first before letting you all know what I’ve been reading this month. 

Without further ado, here’s what I read in January (in order):

The Abundance Mindset

Author: Joel Osteen

Joel Osteen

This book is a quick read and very inspirational. I read it probably within a week or two and mostly during my morning ritual. As the title indicates, the book teaches us how to have an abundance mindset in all aspects of our lives. There is no point in thinking small. As a child of God, we are meant for big things. If you’re looking for a boost of motivation, I believe you’ll enjoy this book.

A Random Walk Down Wall Street

Author: Burton G. Malkiel

WOW! This book is intense – right from the beginning. I honestly loved it as soon as I started reading. While I might not agree with every single thing Mr. Malkiel states about the stock market, I agreed with most of it.

Like me, he firmly believes that the average person can learn how to manage and invest their own money. However, he also talks about the dangers of treating the stock market like a casino.

The first part of the book focuses a lot on history. People gambling the stock market and making decisions to buy a stock or investment based on FOMO (fear of missing out) is something that has been around for a VERY long time. The author goes deep and shares many examples of this throughout history.

The second part of the book focuses more on strategy and wisdom on approaching the stock market to grow wealth over time.

Personally, I read the second part first. I still have some sections to complete in the first part. It is a very thick book. However, I’ve enjoyed it!

And that’s all for now 🙂

Tell me: What have you been reading recently? Share below!

Cheers to Health and Profits,

Mabel

*****

Upcoming Courses & Resources:

The Stock Investing Bootcamp: Six Weeks to Your First Stock (and Beyond!): Enrollment for the upcoming edition of this comprehensive course will open soon. To make sure you receive full details, make sure your email is here.

Ready, Set Invest: A Crash Course on Being Ready to Invest – This is a best-seller (2-hour class) all about how to be PREPARED to invest. An excellent workshop to complete prior to the Bootcamp. To get details of the most recent edition and to invest in the Replay, click here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.

Shorting Stocks – Explained!

Last week the stock market experienced something never before seen: The stock price of companies that have been struggling for quite some time started to rise quite rapidly!

This resulted from a group of people that rallied together to buy these underperforming stocks. While many got involved with the sole purpose of making a “quick buck” from the rally, others saw it as a mission: Getting in the way of massive hedge funds that benefit from betting against businesses that have lost their way. 

In this quick yet informative post, I break down what “shorting” means and how that differs from real investing. As with any topic, there is so much more that can be said. However, I wanted to keep it simple and to the point. 

First things first:

The standard way to invest is to buy stock in a company expecting it to go up in price.

People (or institutions) that Short Stocks, however:

Do it with the expectation that a company will fail and plan to benefit from that company’s stock dropping in price.

The danger with shorting stocks:

It is typically done with “borrowed money.” In other words, when shorting stocks, you are using a loan from the online broker to bet against a company.

Shorting is a HUGE gamble because:

If the company’s stock starts to rise instead of falling, the people shorting will start to owe a lot of money. Why? Because there is no ceiling when it comes to how high the price of a stock can go!

In the case of GameStop, AMC, and others:

What happened is called a “short squeeze.” A massive amount of people started buying these struggling stocks, which made the prices rise significantly. The people on the “shorting side” started losing BILLIONS.

And so…

To “stop the bleeding,” these shorting companies (mostly Hedge Funds) had to close their short positions. This came across as a win for the “average person.” Many have made some money simply for “joining the rally” and grabbing shares. Meanwhile, some of these private wealth institutions lost a whole lot.

My views:

While I can understand the excitement that comes from making a “quick buck,” especially at the expense of these massive institutions trying to benefit from failing companies, I want you to understand that what has been happening with GameStop, AMC, etc.

It is called GAMBLING and SPECULATION. It is NOT investing in any way, shape, or form.

Real Investing means:

Doing your research and buying stock in a company because you believe it’s a quality business with a strong foundation. A business that will likely thrive and succeed in the future. And, in turn, so will your investment. When you invest, you hold on to your shares for 3-5+ years. Not 3-5 minutes or days.

The bottom line is this: If you’ve been participating in what has been going on, that’s all good. However, make sure you understand that you are not investing. You are gambling. 

Questions? Comments? Share below! You can also email us: Hello@girlsonthemoney.com

Cheers to HEALTH and Profits,

Mabel

To learn more about what REAL investing is all about, check out our Ready, Set, Invest workshop or the six weeks Stocks Bootcamp. Links below!

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Courses and Resources:

Ready, Set Invest: A Crash Course on Being Ready to Invest – This is a best-seller (2-hour class) all about how to be PREPARED to invest. To get on the waiting list for the next edition of this workshop, click here.

Stock Investing Bootcamp for Beginners – This 6 weeks course takes place once per quarter. To get on the waiting list for this particular class, click here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.

My First Book Turns Five!

Five years ago TODAY (1/19/2016) I published the Kindle version of my first book: Stock Market Investing Mini Lessons for Beginners. The paperback version wasn’t published until March of that same year :).

The book quickly became an Amazon Best Seller thanks to the love and support of the Girl$ on The Money community who encouraged me to put the book together and pre-ordered it before it was even published!

Many of the people that have been there from “day one” are still loyal friends, followers, and supporters to this day. THANK YOU.

Now, several years and well over 100 loving reviews later, I want to say I am very proud of myself for not “waiting around” for someone to notice my love and passion for investing and my desire to write a book for my beginners.

I took it upon myself to share this INCREDIBLY VALUABLE information with as many people as possible.

I am also grateful to Amazon for creating a platform for self-published authors. I know a lot of people are not fans of Amazon (the company) for valid reasons. However, I am not afraid to say I am a HUGE fan as a customer, author, and shareholder ($AMZN). I too, have my reasons.

One of THE BEST pieces of advice I received early on after I published the kindle book was this: Hire a good editor and have them review the book.

Doing that was such a great investment and one that paid for itself several times over.

The advice came from one of my followers and also a fellow business owner. She had purchased the book and also invested in the Stocks Bootcamp. She sent me a very loving and encouraging email telling me how amazing the book was but to have it reviewed by an editor. I will be forever grateful for that “constructive criticism” and will never forget it.

I share this tip with everyone that approaches me with the idea of writing a book on their own.

By the time the paperback was published, the transcript was crisp and fresh and all applicable updates were made on the Kindle edition as well :).

I wrote the entire book myself – took me about a year. I wrote ~2-3 chapters each month.

I created the cover myself 🙂

I found an excellent editor

I promoted the book

I made sure it was successful

Want to know something crazy? I didn’t even tell my family or close friends about the book until AFTER it was published. I think I wanted to prove to myself that I could get it done before spreading the word with those closest to me. Not sure why I felt that way, but I did.

You don’t have to have thousands of dollars or wait for anyone to “notice you” to make things happen. If you have a passion for something and you want to share it with the world: DO IT. Time waits for no one.

Some of you might know that I wrote a second book which was published in 2019 (Stock Analysis 101), also a highly rated best seller which has received raved reviews! Things just keep getting better. 

If you’ve invested in any of my books and have shared a review (or even if you haven’t – yet). I want to THANK YOU from the bottom of my heart. Your love and support mean a lot to me.

Now, five years later there’s not much that has changed when it comes to the fundamentals of the stock market – which is what I talk about in my first book. However, certain “technical” things have changed such as the prices of the stocks I shared as examples (most in a very positive way!).

Also, the fact that most online brokers are now commission-free. That was not the case back in 2016! I am working on making some updates to the book and will share the end result when the time comes. There’s more to come in the horizon.

And that’s all for now! Thank you for reading. If you have any questions or comments, share them below.

Cheers to HEALTH and Profits!

Mabel

*******

Courses and Resources:

Ready, Set Invest: A Crash Course on Being Ready to Invest – This is a best-seller (2-hour class) all about how to be PREPARED to invest. To get on the waiting list for the next edition of this workshop, click here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.

Stock Market Holidays: 2021

Many investing fanatics (myself included) probably wish the market was open year-round – sometimes :).

However, that’s not the case. Below, I share the dates on which the stock market will be closed in 2021:

New Year’s Day: Friday, Jan. 1

Martin Luther King Jr. Day: Monday, Jan. 18

Washington’s Birthday/Presidents Day: Monday, Feb. 15

Good Friday: Friday, April 2

Memorial Day: Monday, May 31

Independence Day: Monday, July 5, observed (July 4 falls on a Sunday)

Labor Day: Monday, Sept. 6

Thanksgiving: Thursday, Nov. 25

Christmas:  Friday, Dec. 24, observed (Christmas Day falls on a Saturday)

And that’s all folks! Questions? Comments? Let me know below! 🙂

Courses and Resources:

Ready, Set Invest: A Crash Course on Being Ready to Invest – This is a best-seller (2-hour class) all about how to be PREPARED to invest. To get on the waiting list for the next edition of this workshop, click here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.

Books I Read in 2020

Before anything, I want to share some context.

Back in January of 2019, I committed myself to read at least one book per month. Somehow I was motivated to continue that personal mission into 2020, and I can humbly share that I crushed the goal for the second year in a row.

READING

“Reading more” has been an ongoing objective for several years. However, I feel it wasn’t until 2019 when I finally achieved consistency. I also think it is very accurate what they say about habits because the momentum has continued strong, and I am grateful for that.

Instead of seeing it like a “shore,” I actually find myself looking forward to checking out a new book each month, and it is one of the things that bring me joy.

In the list below, you’ll notice a combination of finance books and personal development books. You’ll also notice some Spanish books.

I’m going to do things a little differently and start by listing my favorite books of 2020 first.

In the section after that, you’ll be able to see the full list.

Let’s do it!

6

Best books I read in 2020 (in the order in which I read them):

Intuitive Eating: A revolutionary program that works by Evelyn Tribole, M.D (April 2020)

Beyond Wealth by Alexander Green (June 2020)

The Gone Fishing Portfolio by Alexander Green (July 2020)

The Holy Bible* (July 2020) | *Ongoing – definitely not done but started reading sections in July.

The secrets of Shelter Island by Alexander Green (August 2020)

The Four Agreements (Spanish version) by Don Miguel Ruiz (August 2020)

The Psychology of Money by Morgan Housel (October 2020) <– Outstanding!!!

A Return to Love by Marianne Williamson (November 2020) <– The chapter on relationships had me hooked!

4

The FULL list of what I read:

January:

“Ponte Las Pilas” by Carlos Marquez

February:

The 5AM Club by Robin Sharma

March:

How to stop worrying and start living by Dale Carnegie

April:

Intuitive Eating: A revolutionary program that works by Evelyn Tribole, M.D

May:

Self Made by Nelly Galan

Make Today Count by John Maxwell

June:

Beyond Wealth by Alexander Green

Don’t sweat the small stuff by Richard Carlson

July:

The Gone Fishing Portfolio by Alexander Green

The Law of Attraction by Michael J. Losier

The Holy Bible (Ongoing)

August:

The secrets of Shelter Island by Alexander Green

The four agreements (Spanish version) by Don Miguel Ruiz

September:

100 ways to happiness by Dr. Timothy Sharp

October:

The Psychology of Money by Morgan Housel

November:

A Return to Love by Marianne Williamson

December:

Maximize The Moment by Pastor T.D Jakes

READING (2)

If you are curious about the books I read back in 2019, you can check out the post here: Books I read in 2019.

And that’s all folks!

QUESTION FOR YOU: Did you read any good books in 2020? Let me know below. Perhaps I’ll add them to my list for this year.

Cheers to health, profits, and an amazing new year.

******

Courses and Resources:

Ready, Set Invest: A Crash Course on Being Ready to Invest – This is a best-seller (2-hour class) all about how to be PREPARED to invest. To get on the waiting list for the next edition of this workshop, click here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.

Three simple steps to kick off your investing journey

If one of your goals for the months ahead is to begin your investing journey – the smart way! You are in the right place. I have created a bonus resource for the Girl$ on The Money community, explaining how to get started in three simple steps. My mission with everything I share is to get you motivated and excited to participate in the stock market.

I hope this guide inspires you to take ACTION!

You can download the free resource here:
The Girl$ on The Money Guide to Start Investing in Three Simple Steps!

*****

UPCOMING COURSES & RESOURCES:

Ready, Set Invest: A Crash Course on Being Ready to Invest – This is a best-seller (2-hour class) all about how to be PREPARED to invest. To get on the waiting list for the next edition of this workshop, click here.

Understanding Your Investing Options: Starter Guide for Beginner Investors: New to investing and not sure where or how to begin?! This guide is for you! Check out details here.