Wealth Management
It’s been reported that less than 50% of Americans invest in stocks, for fear they may lose their hard earned money.
Many Americans rely on wealth managers to invest their money for them, or they simply find the easiest safest investment vehicle they find to invest in. Once invested, it’s not uncommon to see investments go ignored, until it’s time to make a withdrawal.
If you are among the majority of Americans that do not invest in stocks because you feel you don’t know enough about it, there are a few simple steps you may consider taking that might have you reconsider.
Step #1
Create a plan. Decide when you want to invest, how much you want to invest and where you want to invest in.
Step #2
Do extensive research. There are many stocks you can buy, but you’ll need to decide which stocks are best for your portfolio. There are numerous sites on the Internet that evaluate stocks. Select about a half dozen sites that provide easy to understand information about stocks and formulate your opinion on any given stock, based on those analysis.
Step #3
Learn how to buy and sell. Get familiar with the different ways to buy and sell stocks. Learn the differences between orders such as a Market Orders, Limit Orders, or Stop Loss Orders. They are all different and they can all make you money, or help you save money.
Step #4
Be vigilant! Check your investments daily and be prepared to take any necessary steps to safeguard your money, or make a timely investment.
Step #5
Limit your risk. Always put need ahead of greed. The smart investor recognizes that investing is more like a marathon than a sprint. Expect and plan your success well into the future, not just for the present.
Investing in real estate is not unlike investing in stocks. That’s why we recommend you contact SERGIO & JAN HERNANDEZ, to have them help you make the best real estate investment for you.
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