13 Steps to Investing Foolishly, Step 3: Treat Every Dollar as an Investment

Worldwide Invest Better Day 9/25/2012

In honor of Worldwide Invest Better Day, we at The Motley Fool are recapping our "13 Steps to Investing Foolishly" -- steps you can follow to become a better, more Foolish investor.

In the following video, Dayana Yochim recaps Step No. 3: Treat every dollar as an Investment. An investment is more than just something you make in your brokerage account; it can just as easily be an investment in a guilty pleasure, such as your daily Starbucks treat. But if you think about every single dollar that leaves your hands as an investment in your short-term, mid-term, or long-term future, chances are you'll make more prudent decisions. Heck, you may even decide to buy a few shares of said coffee purveyor and forgo a few short-term drinks in place of long-term wealth -- but that's for you to decide.

Click the big green button to join the thousands of people celebrating Worldwide Invest Better Day on Sept. 25!

Dayana Yochim has no positions in the stocks mentioned above. The Motley Fool owns shares of and options on Starbucks. Motley Fool newsletter services recommend Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (2)

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2027678, ~/Articles/ArticleHandler.aspx, 10/26/2016 11:01:24 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 hour ago Sponsored by:
DOW 18,199.33 30.06 0.17%
S&P 500 2,139.43 -3.73 -0.17%
NASD 5,250.27 -33.13 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/26/2016 4:00 PM
SBUX $53.63 Down -0.04 -0.07%
Starbucks CAPS Rating: ****