Tips on Investing Your Tax Return

If you were able to meet this year’s April 18 tax deadline, there’s a good chance that your tax return is on its way. It’s an exciting time of year because — for many of us — it comes with an unbudgeted sum of money that feels like a gift. 

But don’t be fooled: You earned that money. 

Instead of spending it frivolously on disposable entertainment, why not invest it wisely? It’s the perfect opportunity for anyone interested in learning how to invest their money because, as stated, the money you receive from your tax return is likely a modest, unbudgeted sum. If you invest it and win then you’ve made money while learning valuable financial skills. If you invest it and lose, well, you still have the opportunity to learn a valuable lesson about managing your income. 

So what are you waiting for? 

Invest Smarter (Money Magazine)

This article is a great place to start for anyone interested in getting into investing their money, or for anyone who needs a few tips on how to invest more intelligently. The article focuses on small moves that make a big difference, which is why everyone should read it before deciding how and when to invest their tax return cash.

You Can Be a Stock Market Genius

If you’re not a professional stock broker, then chances are you need to read this book. It’s a practical guide to the stock market, written by a successful fund manager, and filled with annotated case studies, invaluable insider information, and a few tips and tricks for making your investments a success. 

The Investment Answer

Have you ever felt overwhelmed by financial mumbo-jumbo? Lucky for us, this book puts the basics of investing your money into simple, completely understandable terms. The Investment Answer will present you with five decisions — just five, straightforward choices — that will set you on the path to financial success.

The Nature of Investing

Whether or not you know it, you are an investor. Every day you invest your time, money, and energy into different outlets in the hope that they will bring a return on your investment. So what happens when you learn to optimize those daily investments? This book explores the many ways in which you are already investing, how to improve those methods, and even how to take these innate skills and apply them to the market.

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