By Jen Falloon - Investment Strategist of Vorsa Investments
So you want to start investing, but have no clue where to begin.
It’s OK — we’re here to help!
The investment game is an exhilarating one to say the least — especially when the returns start rolling in.
So check out these tips to learn how to play the investment game the smart way:
First, diversify your portfolio.
Putting all of your eggs in one basket is generally something you’ll want to avoid. This is because economic instability messes up the market — and the folks who put all of their money into one kind of stock usually lose the most.
So put your funds into different asset classes to prevent financial losses and cushion the blow in the case of a crash.
Second, keep things consistent.
You need to stick to a regular investment schedule for your money to actually grow. We recommend setting a set amount to invest each month or quarter.
This kind of discipline is essential for you to meet your financial goals!
Finally, simplicity is key.
Financial investment can get pretty time consuming — so simplify it wherever possible.
We recommend setting up automatic contributions— this will ensure that you invest a set amount every month, without having to think about it.
We know it’s a lot to think about — so if you need a hand building your investment portfolio, just send us a message and we’ll be happy to help you out at https://vorsainvestments.com/book
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