By doing -- I think. And in our household lack of money won't stand in our way. That's why, starting next week, Jill and I will each be creating and operating a mock money portfolio with the goal of learning what (not) to do with our money... Should we ever have any. I think it will be fun!
Each of us will receive $10,000 (USD) which will go into a mock portfolio bearing no interest. While even a regular bank savings account would bear some interest (making this part unrealistic) we will not be figuring in transaction costs, so I think it will all work out in a rough sort of way. This isn't an exact science, obviously.
Along the way, I hope that Jill and I will each be able to find some sort of strategy as far as the stock(s) we buy, and that we try and have at least some diversification. Or maybe dumb luck will prevail -- who knows? We'll see.
Although I am researching different types of investments, I'm sure that "dumb luck" will be my guiding force in this experiment!