Ask the Readers: What will you invest in this month?

And before you know it, it's April, and hopefully, you're starting to see some signs of spring where you live. Our first two challenges were about sowing some seeds, and now maybe we can watch them grow.

Here's our challenge to the GRS community for April: What will you invest in this month?

Now, let's be clear, we're not telling you to sink your hard-earned dollars into your brother's plan to design a “Business Snuggie” that you can wear to the office or decide that ponchos for kittens could be the next big thing and worth cashing out your 401(k).

You can invest time, energy, money, emotions… The goal this month is to feel connected to the effort and the return on that effort. Maybe you're investing in yourself by taking a class or by starting a workout routine. El Nerdo's farewell post is an excellent example of investing effort into a laser-like focus to achieve your goals. Be conscious of the changes that occur this month when you invest in these goals. Just like with finance, the initial returns may be small, but they add up quickly.

But perhaps you, like staff writer Lisa Aberle, have wanted to get a bit more involved in financial investing. If you've been following the two previous challenges, saving $250 in February and making $150 in March, then you could potentially have $400 for our challenge. Lisa has provided excellent resources in this post.

You may be getting a tax refund soon. How will you invest that money?

Tell us what you will invest in this month. Will you finally start that account you've wanted to open or take a closer look at your financial investments? Will your investment be for something other than financial gains? Send us a guest post about your experience at the end of the month.

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Curtis@PayOffMyRentals

I’m going to invest another $3,400 in my accelerated rental properties mortgage payoff.

With laser-like focus on the task, another month of accomplishment will grant me a guaranteed monetary return and more importantly, I am buying the freedom of financial independence.

lucas
lucas

My cash flow is pretty well planned out for the next year when I will have my house paid off. So I don’t plan on doing anything different with money for a year.

But in preparation for after that, I will be investing some time in understanding real estate and pro/cons of investing in the many different types . . .

I will also be investing some time in boosting my current job performance through reading/training on Agile development methodology.

Wm
Wm

I would like to invest my time, energy and emotions in finding a good job by the end of April. It’s been long overdue. I would also continue to invest my energy in maintaining my exercise routine consistently. I have set a goal of at least 5000 steps a day. These investments are not exactly financial, but they seem to be directly related to finance. Good health and a good job are always prerequisites to earning more money.

Jennifer
Jennifer

This month I want to invest time and a bit of money into building my new online editing business. Though my company’s work is editing MY initial work as the owner is building clients and getting my name out there into the minds of people needing their work edited. It’s the hunter mentality of startups. So I need to gear up for hard core networking, marketing, and rejections (because I am sure I will get some)! In more personal news, I am investing in my health this month too. With a new gym membership and a specialized body makeover class… Read more »

Somsiah
Somsiah

Will be investing time and creative mind to daily blogging and find out if this is a worthwhile effort with the opportunity of getting as many feedback as that can be possible in a group activity – in A-Z April Challenge. Looking forward to it very much. AF.

My Financial Independence Journey
My Financial Independence Journey

I will continue to invest in attractively valued dividend growth stocks. Same as I’ve been doing for almost 3 years now. Every month I get some fresh capital to invest, and every month I buy some more stocks.

I may also try to raise some extra cash by selling put options.

Tim
Tim

MyFIJ,

Careful. The market is fairly high and volatility is low, so the premiums you get for selling put options may not fairly compensate you for the risk of them being exercised.

Nat
Nat

Bit coins!

Jacob@CashCowCouple

Index funds seem like a good choice again for us.

But more importantly, I’ll try to heavily invest in my relationship with my wife and family.

M
M

Kristin’s recent post motivated me to drill down on finding work/life balance in April.

Jane Savers @ The Money Puzzle
Jane Savers @ The Money Puzzle

I will be buying $500 of a Canadian bank stock. I don’t have all the money together yet but I will have it after I get paid next week. I think I will select Bank Of Montreal dividend paying stocks.

They will be held in a TFSA (tax free savings account) where the dividend will drip for years sheltered from taxes and capital gains and I will leave them untouched for 10 or 12 years until I retire.

Laura
Laura

Time: review my spending plan/budget and brainstorm why I don’t adhere to it, in order to plug leaks and make it work. Money: I just received my annual merit raise (about $30/week after taxes/deductions); add it to debt repayment. Health: rededicate myself to my New Year’s Goals from 3 months ago. March feedback: I submitted paperwork for last year’s gym membership reimbursement from BCBS before the deadline and they sent me a check for $150. Go me. Unfortunately, the car felt lonely and left out of this abundance, and I have just ransomed it from the garage via $1604 in… Read more »

Greg @ thriftgenuity.com
Greg @ thriftgenuity.com

April will be completing a home renovation and getting the outdoors all set up for spring to keep our home invesment in great shape.

Of course, continued saving in retirement and paying down school debts as well.

lmoot
lmoot

I want to invest in exercising my willpower muscle. Now that I have money I could spend, I need to think of it as money that I can’t spend, so I can reach my goals for the greater good of my financial health. I also want to invest in taking a break. I have been working 7 days/ week for the last 6 months with not.a.single.day.off. I’m forcing myself to take a vacation. The time and money I am putting in my first vacation in 4 years will be worth it and not make me feel deprived. I have to… Read more »

Tony@WeOnlyDoThisOnce

Hilarious “business snuggie” idea. Great post, Ellen!

Sara
Sara

This goes along with the work life balance post – but I’m going to work on refiguring our budget to have both saving/investing goals and some more fun stuff. We’ve been in austerity measures ever since Jan because DH lost his job, but he started his new job that came with a huge raise in March – so we now have more money than ever. For April we’re going to pay off a zero percent credit card offer we used to re-fi the house, and I still have almost $5K extra leftover in the checking account. We’ll also finally get… Read more »

Nick @ ayoungpro.com
Nick @ ayoungpro.com

I will be investing in real estate and my 401k this month!

Ruth
Ruth

Money: I am investing $1500 into my HSA, $1000 into my mortgage. This is my tax return. Education:I am investing in myself and will complete my CFE license by taking the exam before the end of April. Family: I am investing in my family by taking a day off of work to visit my mom on her birthday, and everynight after work I will go home and spend quality time with my husband and daughter. Yardwork: I am investing in a safer place to play for my daughter. On the weekends, my husband and I will build a fence. We… Read more »

Honey Smith
Honey Smith

I got a Groupon for $29 for unlimited Bikram yoga for one month. I got this groupon about 1.5 years ago and went I think 25 days out of the 30. So I am sure I can do it again! Then I have to decide whether to bite the bullet and get a package, though — a lot more expensive than that!

WWIIKid
WWIIKid

A friend has been researching opening a certain franchise, and our town has the perfect spot for it. I dream of him going through with it so I can become one of his partners.

SavvyFinancialLatina
SavvyFinancialLatina

I will continue saving for a house down payment. I will also be exploring possibilities for extra income. My goal is to bring $1,000 of extra income per month.

PawPrint53
PawPrint53

Hopefully we’ll be investing in a new job for my husband. Barring that, we’re investing in having more outdoor fun like kayaking and hiking. In fact, we’ll be hiking today while awaiting word of a job offer.

Tyler Karaszewski
Tyler Karaszewski

I’m investing in my garage. Drywall is up. Needs to be taped. I need to get a new door installed. It’s a project, but it will be a much better space when it’s done, and it will increase the value of the house.

Diane C
Diane C

Hey Tyler – Try checking garage door prices at Costco. Great prices, huge selection. We were pleasantly surprised.

Rachel M.
Rachel M.

Hey Tyler, Discover Card is offering 5% back on all home improvement purchases from April 1 – June 30th. Good luck!

Andrew
Andrew

Given some of the awful things I’ve seen people wear to work, a “business snuggie” seems positively inspired.

WC
WC

I will be “investing” in overhauling my garden. As a quote I heard recently explains, “growing your own food is like printing your own money.”

Peach
Peach

I didn’t get a tax refund this year but I’m not going to let that stop me. I’m going to invest in a company which I believe in and have wanted to buy into for months. Less than $2 a share and I’m going to buy 100 shares, and hold them for the long term.

I’m connecting more with the home-based working community, and that’s great, too. Overall, in spite of the economy and all kinds of challenges, I’m feeling a lot more optimistic than I was at this same time last year.

Panda
Panda

Tqx return – going into my travel savings fun to fund our summer vacation.

General money investing – Index funds, although I would like to develop a more formal investing policy/practice

Energy – Focus on health and fitness (bringing lunch to work, eliminating soda with meals, adding strength exercises to weekday evenings) and creating a safer/cleaner home for my daughter (general tidyness issue)

Ely
Ely

I’m investing in my writing. A little money for workshops; a little attention, a little more time.

Belleweathe
Belleweathe

I’m going to invest my time and energy into making an investment plan for my spouse and I.

I’m thinking about regularly taking $35-$50 per paycheck from our ‘fun money’ and starting a stock account with it — more, really, to learn than anything else. Right now the bulk of our savings are either liquid emergency funds or managed retirement accounts. I want something I can take charge of and learn from, but I have no idea how to do it. So I’ll be spending my time and energy figuring that out.

The Norwegian Girl
The Norwegian Girl

I´ll be investing a lot of time in my studies this month, as exams are getting closer in time, so it`ll be a tough month!

David S
David S

I’ll be investing in a couple of things. Money wise April is the month that the ESPP purchase is made so investing in company stock.
Also April is the month that our honey bees arrive so I’ll be investing in them both time and money so come fall I’ll might be able to make back some of the investment.
April is also the first time in the PNW that you could get away with planting tomatoes outside, I have more tomato starts (>50) than I need so I’ll be investing my time in trying to sell them to others.

Quinten
Quinten

I plan to continue to diversify my portfolio, adding more emerging markets exposure and sprinkling more funds into ETFs. I’ve already added health care to the portfolio (thanks to my tax refund) and have seen firsthand the benefit of diversification. I also plan to invest time into researching Roth IRAs. And I plan to work out regularly… with ferocity.

Landon
Landon

I don’t think of it as investing per se, but I’ll be removing currency from the banking system and purchasing physical precious metals.

Mrs PoP @ Planting Our Pennies
Mrs PoP @ Planting Our Pennies

We did the typical pre-tax deposit into our Roth IRAs, but the other investment we made this month was in Mr. PoP’s career. We bought him a plane ticket to go to a conference that his work didn’t want to cover, but he feels is going to be really beneficial in terms of getting face time with clients. It panned out really well last year, so we’re hoping it does again this year, too!

Rya
Rya

That question sucks, because I’m unemployed.

I had to put all investing on hold. And saving is on hold, too. In fact, I’m eating up my savings right now!

Yeeeh it sucks.

See, that’s the thing about being unemployed. You feel like you’re missing out. Like you’re just standing in one place while everyone else continues with their lives (and their financial goals).

Yughck.

swordmom
swordmom

This would be a great time to invest in yourself in non-monetary ways. Volunteering gives you experience that you can put on a resume and feeds your soul as well. Learn something new through a free seminar (our local paper has a list of activities for the week on Fridays).

Jezna
Jezna

I’m sending myself to Washington DC to meet with potential employers. I plan to be done with grad school in a year, so I’m also socking away money for the move and for when my student loans kick in. I guess that’s not so much investing as hoarding money, but oh well

Larry
Larry

I’m continuing to invest in my dividend income portfolio. My goal is to build a passive income from dividends that will support my wife and myself when my kids are out of the house.

Even though the market is at all time highs, there are still some values out there.

Basic materials, energy, and tech stocks are undervalued right now, so that’s where to invest.

Jenny @ Frugal Guru Guide
Jenny @ Frugal Guru Guide

I’m investing my Roth IRA from last year at Lending Club. I’ve run a bunch of filters and think I’ll do pretty decently. It’s a nice way to diversify out of our usual holdings.

Diane C
Diane C

We’re buying a house. A big, beautiful house. We’re putting over 50% down, so no other investments this month.

Tina
Tina

My goals this month are to pay off at least one medical bill because they are the biggest debt besides our home. We have started at the source and are eating healthy and exercising. I feel this will cut our future medical bills down better than anything. I joined Weight Watchers and it is the best investment I have done for myself and my family because I make the meals so they are getting healthier too 🙂 Our investment goals for this year are to continue to raise my 401k contributions after my raise, and to put every extra penny… Read more »

EMH
EMH

I am investing in my health. I started taking classes on the Gokhale Method and I already see an improvement. We are still paying down our mortgage while maxing out our 401k and 403b. Once the mortgage is paid off, then we will use the extra money for other investments.

I don’t, but you may be on to something with the business snuggie:

http://www.betabrand.com/pants/black-dress-pant-sweatpants.html

Bryan
Bryan

I’m easily on target for my financial goals this year, so I’m investing in my mental health. I will be working on the budget to include a vacation with family and friends.

Ann
Ann

New job, new paycheck, new house, new state….

Get comfortable and productive in the new job, review budget in light of new paycheck and new state, get settled in new house, get blinds for all the windows, and get some real grass growing in the new yard, find new recreation opportunities in the new state — big lake is only about 5 miles away. YAY!

@pfinMario
@pfinMario

Into paying down debt? As long as I have credit cards with outstanding balances, I have a guaranteed double-digit rate of return for every dollar I sink into this “investment.” Can’t beat that…

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