I realize that even this simplified explanation of investing may sound somewhat complicated.  My advice is to just get started.  Following the steps described above will get you headed in the right direction.

Have you taken these steps?  What investment-related questions do you have?  Let me know in the comments section.

Other posts in this series on the 11 principles that lead to simple, meaningful success:

Matt Bell is Associate Editor at Sound Mind Investing, publisher of the best-selling investment newsletter written from a biblical perspective.  Its core investment strategy has beaten the market in 11 of the past 13 years.  For a limited time, Sound Mind Investing is offering a 30-day free trial membership.

Publication date: July 11, 2012