Investing can be an excellent way to build wealth potential. Following a few tips can help you do it wisely.
Putting your money into investments is a matter that shouldn’t be taken lightly. It takes thoughtful preparation. Genuine patience. And sometimes, even a bit of courage.
But if done correctly, investing can deliver results, that can enhance your financial well-being over the course of your lifetime.
Before you put any of your money at risk, however, we highly recommend learning as much about investing as possible. To get you started, we’ve provided some helpful tips and widely accepted advice on the many disciplines of investing.
Check the background of investment professionals associated with this site on FINRA’s BrokerCheck.
Investing in Peak Earning Years
According to advice compiled by Fidelity Investments, by age 30 you should have saved a sum equal to your current income; by 50, you should have saved six times your income; by 60, eight times. Now is the time to make sure you don’t wind up short of the mark.
Investing Near Retirement
Like just about every other financial decision you’ve had to make in your life, how and where to invest in the shadow of an impending retirement depends to a great extent on your situation.
Need assistance? We are here to help!
Your Credit Union (“ALEC”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay ALEC for these referrals. This creates an incentive for ALEC to make these referrals, resulting in a conflict of interest. ALEC is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosure.html for more detailed information.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. ALEC and ALEC Wealth Management are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using ALEC Wealth Management, and may also be employees of ALEC. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, ALEC or ALEC Wealth Management. Securities and insurance offered through LPL or its affiliates are:
|Not Insured by NCUA or Any Other Government Agency||Not Credit Union Guaranteed||Not Credit Union Deposits or Obligations||May Lose Value|
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered of licensed. No offers may be made or accepted for any resident of any other state.