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.
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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. Learn more about investing in peak years.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. Learn more about investing near retirement.Tips for Young Investors
Building savings is always wise for any young individual or couple. You never know when either an emergency or an opportunity is going to surface, and having cash to react properly is critical to building a prosperous future. Learn some great tips for young investors.