Investing is easier than you think

Nature of Investing Cover
For the average person, the idea of starting to invest is overwhelming. But in financial expert Katherine Collin’s new book, “The Nature of Investing,” it sounds so easy that an insect could do it. In fact, investing skills are used in nature all the time. Here, we outline some need-to-know facts about this new, simpler way of thinking.

The basic idea

“[Beginning investors] tend to get weighed down by financial jargon, but investing is really something we do every day without realizing it,” Collins tells us. “Every time you make a decision, it’s an investment of some sort, whether it’s your time, money or energy.” Rooted in this way of thinking, Collins advises investors to live by the principle of biomimicry, which is asking yourself, what would nature do? “Just asking yourself that question brings really surprising insights and answers start popping up right away that can lead you on a path to really healthy decision making around your finances,” she says.

How it works for investors at every level

Collins claims that biomimicry doesn’t just work for beginning investors, but reaches across the playing field so experts can use it as their guiding force as well. “Professional investors have told me [biomimicry] has reminded them of the essential questions and functions of what they do every day,” she says.

Collins started working as a junior analyst at Fidelity 20 years ago and says at the time, investing was more personal: “The mindset was, if you’re buying a stock, you’re buying a piece of the company and you should understand that company and why it’s worthwhile and how it can benefit our shareholders. Now, it’s about starting with a data-stream and then maybe, if you’re lucky, you work backwards and find out what that data means in the world. I just want to remind people what investing really is. The rest of that stuff is just trading, and often speculation.”

Challenges to watch out for

If you’re like most and have been conditioned to solve any problem that you’re presented with, Collins says the hardest part about biomimicry is being patient and observing what is happening before taking action. “Just know that it’s not wasted time. It’s time you’re spending taking things in,” she says. Then you can make smart, actionable decisions.

Follow Emily Laurence on Twitter: @EmLaurence



News
Entertainment
Sports
Lifestyle
Local

After Eric Garner death, religious leaders meet to…

Interfaith leaders convened with city officials to discuss what the community can do to help dial down heightened tensions after Eric Garner's death.

Local

'Suspicious' Hamilton Heights fire caused by power strip:…

An extension cord overload caused the deadly fire in Hamilton Heights late Monday that killed a 15-year-old girl and injured at least 12 others.

National

At 91, Marvel creator Stan Lee continues to…

By Piya Sinha-RoyLOS ANGELES (Reuters) - Marvel Entertainment's chief emeritus Stan Lee may be in his ninth decade, but it hasn't stopped him from adding…

National

Islamic State says beheads U.S. journalist, holds another

Islamic State insurgents released a video purportedly showing the beheading of U.S. journalist James Foley, who had gone missing in Syria nearly two years ago.

Going Out

Things to do this week in NYC, Aug.…

GAMES Hudson Common Open Aug. 21, 7 p.m. Hudson Common 356 W. 58 St. Free, www.hudsoncommonnyc.com The U.S. Open begins on Monday, but most of…

Movies

Review: Sadly, Matthew Weiner's 'Are You Here' is…

"Mad Men" creator Matthew Weiner tries his hand at movies with "Are You Here," a misjudged Owen Wilson-Zach Galifianakis comedy that turns into a drama.

Movies

Review: 'Love is Strange' is not only a…

John Lithgow and Alfred Molina tie the knot in "Love is Strange," but the film winds up being more about living with people than an activist picture.

Movies

Frank Miller on writing 'Sin City'

Frank Miller's comics career is a long and storied one, with "Sin City" being one of his most individual creations. Here, in his own words,…

NFL

2014 Fantasy Football: Rankings, list of top NFL…

2014 Fantasy Football: Rankings, list of top NFL defense (DEF)

NFL

2014 Fantasy Football: Rankings, list of top NFL…

2014 Fantasy Football: Rankings, list of top NFL quarterbacks (QB)

MLB

Shane Greene travels unlikely road to Yankees stardom

Shane Greene was throwing a bullpen session on a quiet field at Daytona Beach Community College one day when the ball started moving.

NFL

2014 Fantasy Football: Rankings, list of top NFL…

2014 Fantasy Football: Rankings, list of top NFL tight ends (TE)

Wellbeing

Going green could be the key to getting…

If we could just pursue the things that would actually make us happy, we could help the environment too, according to a New York researcher.…

Wellbeing

Metabolic syndrome could have a sugar link

Scientists in St. Louis may have found another culprit in metabolic syndrome, which can lead to heart disease and type 2 diabetes.  Uric acid is…

Wellbeing

Another way stress hurts your unborn baby

Mothers know to try staying calm during pregnancy, as stress has been linked to behavioral and developmental problems for their babies. But now, a new…

Tech

Siren: A new dating app that puts women…

Online dating can be brutal, especially for single women. Noting that many women hate wading through inappropriate messages and photos, two tech entrepreneurs decided to…