A little teaser of my Investment Course coming out *hopefully* in December (100% free, no additional charge 😘). Follow along, we're gonna LEARN YOU UP with investing basics! https://www.loom.com/share/97d794fb7e1540c4bec0fdedef91a727 Give me the goods, bads and uglies on feedback. I want this course to NAIL the mark.

Should you invest in ONE account, or multiple accounts? Does compound interest lose it's benefits if you spread your money out? The answer? NO!! Let's look at an example: If you had a $1 in one bank account, and that dollar earned 4%, you would earn 4 cents total. Now if you had a quarter in 4 different bank accounts, and all those accounts earned 4%... Each quarter would have received a penny's worth of interest. 4 pennies...4 cents. Same as having one account. NOW...I'd suggest buttoning up those accounts. Generally speaking, you should try and only have one bank account (ideally a bank that allows you to have sub accounts so you can make separate goals and see the different buckets, i.e. Emergency Fund bucket, new home bucket, etc). And ANY business you own should have it's OWN bank account. Do NOT intermingle accounts or the accounting get's very very messy.

Fun (and factual) little investment scenario: If you came into a large sum of money...i.e. A $50K commission check... Would it be better to put it ALL in the stock market immediately? Or spread it out (Often referred to as Dollar-Cost-Averaging)? The answer: Put it ALL in the market immediately. At least, this is the answer about 2/3 of the time. Typically there is about 3.5 yrs between "bear markets." Meaning, more often than not, the stock market is rising, so if you got in early (i.e. invest immediately vs wait), you are more likely, more of the time...to have a larger sum of money by the end of year when investing that commission check immediately. Now go out there and get those commission checks. 😉