4 Things You Need to Know Before Investing
We get it. Investing can be intimidating. But it’s also something else: necessary.
Even if you’re not ready to craft your own extensive portfolio, and religiously stalk Morningstar.com on a daily basis, there is a certain amount of investing that you can—and should—be doing to keep inflation from eating away at your savings. Smart investing will also allow you to more quickly achieve important life goals, such as buying a home, paying for college costs and saving for retirement.
But where do you start?
Since it’s easy to get sidetracked by bad advice or “get rich quick” schemes, we sat down with Brandie Farnam, a LearnVest Planning Services CFP®, to suss out the four influences that you should be wary of when investing—from hot stocks to quick moves.