What financial information do most people learn too late?

Nov 30

Written By

The Daily Guru Team

Money makes the world go round and therefore there’s a set of key financial information we should all be learning from a young age.

Every person, especially children, should start an investment portfolio as soon they earn their first dollar. Saving money by itself is not useful. Investing is critical for financial freedom. Yet most of us weren’t given this advice and therefore are only now starting to wonder, “have I left it too late to invest?”  And if no… “how do I get started?”

If this sounds likes something you’ve been asking yourself, here’s our step-by-step guide to financial information and getting started with investing (and ensuring you’re doing it the right way!)

financial information

4 Crucial Steps to Start Investing

1. Determine your investing approach

Investing can seem daunting if you don’t have any background knowledge, but plenty of resources are available to help educate yourself about the basics. There are many different types of investment vehicles, from stocks and bonds to commodities trading and ETFs, and each has its own set of risks and rewards. It’s important to do your homework and understand the pros and cons of each before deciding where to put your money.

Once you have a general understanding of the different types of investments, you can start researching specific companies or industries that interest you. Keep in mind that investments can go up or down in value, so it’s important to have a long-term perspective and not get too caught up in short-term fluctuations.

With a little effort and patience, anyone can start investing and grow their wealth over time.

2. Decide how much you will invest in stocks

First, let’s talk about the money you shouldn’t invest in stocks. The stock market is no place for money that you might need within the next five years, at a minimum.

While the stock market will almost certainly rise over the long run, there’s simply too much uncertainty in stock prices in the short term — in fact, a drop of 20% in any given year isn’t unusual. In 2020, during the COVID-19 pandemic, the market plunged by more than 40% and rebounded to an all-time high within a few months.

  • Your emergency fund
  • Money you’ll need to make your child’s next tuition payment
  • Next year’s vacation fund
  • Money you’re socking away for a down payment, even if you will not be prepared to buy a home for several years
New to investing and not sure where to start? Check out our beginner investing guide.

How much is too much?

Now let’s talk about what to do with your investable money — that is, the money you won’t likely need within the next five years. This is a concept known as asset allocation, and a few factors come into play here. Your age is a major consideration, and so are your particular risk tolerance and investment objectives.

Let’s start with your age. The general idea is that as you get older, stocks gradually become a less desirable place to keep your money. If you’re young, you have decades ahead of you to ride out any ups and downs in the market, but this isn’t the case if you’re retired and reliant on your investment income.

Here’s a quick rule of thumb that can help you establish a ballpark asset allocation. Take your age and subtract it from 110. This is the approximate percentage of your investable money that should be in stocks. You can then adjust this ratio up or down depending on your particular risk tolerance.

3. Start Small And Diversify Your Portfolio

Many people believe that investing is only for people with a lot of money or those with financial knowledge. However, this isn’t true! Anyone can start investing, regardless of their financial situation or lack of knowledge. The key is to start small and gradually increase your investment as you learn more.

You can also diversify your portfolio by investing in different types of assets, such as stocks, bonds, and real estate. This will help to mitigate risk and maximise returns. So don’t be discouraged if you don’t know where to start – anyone can become an investor! Take it one step at a time, and before you know it, you’ll be on your way to achieving your financial goals.

4. Stay Calm And Don’t Panic During Market Downturns

A few basic principles can help get you started on the right track:

Firstly, it’s essential to stay calm during market downturns. Remember that these are a natural and normal part of the investment cycle.

Secondly, be patient and let your investments grow over time. Investing is a long-term game; it can take years to see significant returns. Lastly, don’t be afraid to seek professional help if you need it. There are many reputable financial advisors out there who can assist you in making wise investment decisions. By following these simple tips, you can start down the path to a healthy and prosperous investment future.

Conclusion on this Need to Know Financial Information?

Investment is a critical aspect if you want to have wealth in the future.

Unfortunately, many people don’t start investing because they feel they need to know everything about it, preventing them from taking that first step. However, you can pay someone else to research or take a class to gain more understanding. The most important thing is getting started so your money can begin working for you!

financial information






Share this:
financial Information
Essentials of a fulfilling life

What are the Unexpected Essentials for a fulfilling life?  Do you know what the ‘essentials’ are in life so that you can live a fulfilling lifestyle?  Firstly let’s agree that fulfilment and happiness are subjective.  They are a state of mind—on how we feel about ourselves and our life. In this sense, anything we do […]

The 18 Unexpected Essentials for a fulfilling life


read more
Stress tips

Stress is a common emotion that most people will feel at some point in their lives. From the stress of exams as a teenager to the stress of planning a wedding, there are typical life events and moments in life that most people will experience. While stress is common, it’s also an emotional state that […]

9 Stress Busting Tips For The Super Stressed Out!


read more
More Fulfilment

What does it take to find more fulfilment in our day-to-day lives? There are essential elements that help us create a meaningful life.  Today I’d like to talk to you about one non-negotiable way to living a meaningful life and why its so important.   And this element is called…. Fun – is essential!   […]

How To Find More Fulfilment In Your Day-To-Day Life


read more
self esteem

Raising children to have healthy levels of Self Esteem is no small task in this day-and-age.   If this topic gets you feeling quite overwhelmed as a parent, don’t worry, you’re not alone. That’s why we wanted to share some helpful self esteem questions you can discuss with your children. To help give you a starting […]

21 Self Esteem Questions to Boost Your Child’s Self Worth


read more
Journal Prompts

A hugely valuable personal growth tool is the use of Journal Prompts. Bringing awareness to our most common thoughts and consciously choosing to reprioritize, refocus, and redirect these thoughts, can have the most profound impact on our life and emotional wellbeing – especially during these challenging times of late. However, at times, journalling can feel […]

50 Easy Journal Prompts For Self-Discovery


read more
A Guide To Understanding The Sensitive Man

  Today we want to discuss the Sensitive man… Recently we explored the pros and cons of being a highly sensitive person (HSP)— a term coined by Dr Elaine Aron in the 90’s, which basically means you feel all of the feelings. Someone who is sensitive to, well, just about everything. Sights. Sounds. Smells. Vibes. A huge number […]

A Guide To Understanding The Sensitive Man


read more
Essentials of a fulfilling life

What are the Unexpected Essentials for a fulfilling life?  Do you know what the ‘essentials’ are in life so that you can live a fulfilling lifestyle?  Firstly let’s agree that fulfilment and happiness are subjective.  They are a state of mind—on how we feel about ourselves and our life. In this sense, anything we do […]

The 18 Unexpected Essentials for a fulfilling life

Personal Growth

read more
Ultimate Reading list

This is our Ultimate Reading list  – for those who are deeply interested in Self Development and on-going growth in their life. These books are real game changers! We often get asked what are some of the best books we have read in various categories based on many the hours of reading and research we […]

The Ultimate Reading List for those who love Self Development

Personal Growth

read more
Design your day

How to Design Your Day

The Surprising Way To Design Your Day

Personal Growth

read more
Embracing Rhythms Over Resolutions

New Year Resolutions… We have made it to 2021! Well done. Last year was anything but easy. 2020 presented us all with challenges, abrupt change, and transitions, amongst many other things, and you made it through. As you reflect on the last year, there are things you may want to leave behind, while there may […]

Embracing Rhythms Over Resolutions

Personal Growth

read more
evan phillip 268078 unsplash scaled

Think ahead to 10 years from now, where will you be….? Have no clue? Not quite sure at all? That’s ok. Like a fortune-teller with her crystal ball in hand, you too can look into your future now and see the life you are manifesting. Here’s how you can quite simply predict where you will […]

Where Will You Be 10 Years From Now?

Personal Growth

read more
21 min

  When life gets busy or you find that one area of your life is demanding a lot of your time and energy, it’s easy to find yourself out of balance and not paying enough attention to what’s most important in your life. While you need to have drive and direction, too much can create […]

Finding Balance In Our Busy Lives

Personal Growth

read more

I'm Rebecca Sparks - Founder of The Daily Guru. I'm also a Self Development Coach,
a Speaker and a Podcaster. 

What drives me most in life is a fascination & curiosity with how we can make the most of our short time here on this planet.  How do we make our lives feel meaningful? How can we make life feel fulfilling?  And how can we turn these elements into a lifestyle? 

My mission is to help women explore these topics and to design a life that taps into all of their essentials.

more about me

Hey there!

oh la la!

"It's like DG is reading my mind! Every time I get an email from them, its exactly what I needed to hear."
- Jennifer West

Join the gang!

We've built a HUGE library of Growth & Wellbeing Resources for women just like you.  And we save all the best bits for our PenPals
 (AKA the Newsletter crew!)

So save yourself from unbearable FOMO and sign up below 



Get Our Free Guide to Kicking Ass on Social

Taiyaki occupy farm-to-table swag fashion axe four loko. Church-key palo santo selvage helvetica iceland tumblr.




"Margi's guide was kick-ass indeed and quite literally changed how I show up on social." - Jen Olmstead

oh la la!



follow along 
on Instagram:



@TheDailyGUru >

© MArgarita Coaching 2020  |  Design by Tonic  |  Photos by social squares & Unsplash