5 Things Millennials Need To Know Before Investing In The Stock Market

5 Things Millennials Need To Know Before Investing In The Stock Market

Here are some of the most important things for Millennials to know before they invest in stocks.
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1. Choose the right brokerage service.

Before the era of internet, people needed to open an account with a brokerage and find brokers to invest in the stock market; however, people can invest thorough online brokerage services nowadays. There are hundreds of online brokerages out there and they all have different advantages and disadvantages. For example, “A” brokerage may not charge any transaction fees but will charge a monthly service fee, and “B” brokerage could charge you with a 5 dollars transaction fee every time you open or close a position. Therefore, it is important for the young investors to choose the right brokerage service that suits their investing habits.

2. Do not invest all your money into one single stock

It is very risky to invest all the money you have into one single stock. Stock itself is risky and unstable, even Warren Buffet can not predict the future of a stock. By investing all your money into a single stock, you could lose all your money very quickly, but you could also gain huge benefits of the stock soars.

3. Pay your taxes

Young investors often forget that they need to pay taxes for capital gains. The taxes are usually 15 percent of your gains; however, you can claim your losses if your losses are more than your earnings. Keep in mind that receiving dividends and owning fast-growing stocks also affect your tax paying, but your brokerage will help you with the tax matters.

4. Get ready to research

Investing in the companies you know is always the best option; however, doing deep research before you put your money in the market is highly recommended. Say you really like company “A” and you are using their products daily -- but what makes a stock grow is not about how well you know about their products. You should read the company’s related news and study their earnings report before you make any moves, because a famous company does not make it a growing company, and a growing company does not mean it is profiting company.

5. Don’t be stressed

Be prepared to the worst situation, and only invest the money you currently do not need. It is okay if your stock goes down, which is completely normal. If a stock keeps climbing everyday with no break at all, that is not normal. Last but not the least, we are millennials and we have the brightest future waiting ahead; at this point, investing in the stock market is only the first try.

Cover Image Credit: Daniel Sutter: The space shuttle and the stock market

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10 Reasons Teachers Should Be Proud Of Their Job

This is how to respond to that question "Why Would You Want to Be a Teacher?"
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Any Education major could tell you that we are faced with degrading comments on a daily basis, comments such as “Wow I’m jealous your classes must be so easy,” “So you’re basically going to be a babysitter?” “But you’re so smart..,” and the typical “so you’re okay with being poor?”

Although the people making these arrogant comments mean absolutely no harm, It doesn’t make the comments any less annoying or just plain rude. I’m tired of defending my career choice, so instead of being on the defensive I’ll share all of the amazing reasons why I want to be a teacher.

  1. I can think of few other positions that allow you the opportunity to make a difference in the world on such a daily basis.
  2. Children are the future, as simple as that. Teachers can positively affect the future by inspiring children and fostering their intelligence and individual traits.
  3. I enjoy being with kids; I’m good at working with kids, and I learn a lot from kids.
  4. Being surrounded by children all day will grant me the gift of never taking myself too seriously, and will allow me to forever be a kid at heart!
  5. Multiple teachers have told me that it is awe-inspiring to witness a student’s “light-bulb moments”, the moments when they finally understand a lesson or concept.
  6. There will never be a dull moment, and every day will bring its own triumphs and failures.
  7. The humor: I work at a school Aftercare and everyday I leave with multiple stories of the hilarious things that happened that day.
  8. When I have my own family one day, I will be able to have a job and also have time with my kids.
  9. Being a teacher will allow me to further develop my virtues, such as patience and kindness.
  10. Teachers give back to the community on a daily basis.

Finally, in order to address the predictable “but you will be so poor” comment, I’ll borrow a line from the teacher Taylor Mali who, in answer to the question “what do you make?” responded, “I make a difference. What do you make?”

Cover Image Credit: socialmoms

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10 things no one tells you about taking an Online class

Online or on campus, school is still school.

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While school has been out for most people, it isn't for me. This summer I decided to take a couple of classes. Both of which involved class online. My first class was a hybrid class, meaning it was half in person and half online, and my second class is entirely online. I expected class online to be like the busy practice work we get from the access codes in our textbooks, and boy was a wrong.

So let me tell you what no one tell you about taking an online class.

1. You constantly have to check in with your professor and classmates.

While you don't see them in person, you are constantly writing and replying to discussion board posts.

2. It's so much harder to focus on the material.

Trying to focus on your laptop, or tablet screen without checking your social media or going online shopping, is almost impossible. The temptation to switch open another tab and go off topic is crazy.

3. There's no slowing down, everything has a set deadline.

Typically, in an traditional in-person class, if the class isn't understanding something the professor can move deadlines for assignments, but online everything is set in stone.

4. You need great time management skills.

Don't get me wrong, I have pretty great time management skills between all my classes and working full-time, but online classes come with a lot more work, considering you aren't constricted by classroom time, traffic, weather and campus problems.

5. There's so much more class work.

On top of having to reading 20 chapters, you have questions in every section of every chapter that you need to answer, end of chapter questions, videos that you need to watch, homework assignments, vocabulary, test/quizzes/exams, and papers. Mind you the tests/quizzes/exam and papers are after every single chapter. I don't know about you but in my classes that actually meet in person, I have never had to answer any questions at the end of each section or chapter, and my tests/quizzes/exams where grouped into multiple chapters, not after every single chapter.

6. You still need to take notes.

Some assignments don't allow you to stop and look for the answer and you can't open another tab and Google the answer and scroll forever because you're being timed on the assignment. Writing notes down will help you remember the information.

7. If you learn hands on, you're going to have a harder time.

If you're a hands on learner, an online class might not be for you. There's nothing hands on about sitting in front of a computer screen.

8. You still have to study.

Like I said before, when you're doing an assignment and you can't stop and you're being timed, it helps to have studied the information before hand.

9. Technology can be a major problem.

Websites crash and run super slow sometimes and there's nothing that we can do about it. You just have to work through it and be patient. So don't do your work last minute, you never know when the website will be down!!

10. You are 100% responsible for everything.

While yes you are responsible for most of your traditional classes, you still have the professor to lecture and teach, but online you're teaching yourself everything.

Cover Image Credit:

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