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Tag Archives: investing for beginners

Taking Your Investments to the Next Level

taking investments to a higher level

When you’re a beginner investor, you need to keep your investments simple. The last thing you need to do is worry about picking individual stocks. You need to focus on options like an index fund or some other low-fee fund. This one investment provides you with immediate diversification. You don’t have to worry about having five or six figures to invest. You don’t have to worry about picking dozens of different investments. You can start with as little as $1,000 and be fully diversified through one investment. There are plenty of investors that are perfectly happy following this investment strategy for the rest of their life. They only worry about tracking fund performance and making sure that they have adequately allocated their portfolio across diverse asset classes. Beyond this, they let the professional fund managers deal with the details. Some investors, however, prefer to take a more hands-on approach. As you accumulate more capital and experience, it doesn’t hurt to branch out on your own and begin choosing individual stocks or bonds; however, once you take this step, the information available can quickly become overwhelming. There are approximately 5,000 companies actively traded on the major U.S. exchanges and as many ...

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