Investing 101

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Maybe you’ve heard about this “make your money work for you” thing, but don’t know how investing works, or how to make it work for you. Or maybe it feels too intimidating to take the plunge — investments can lose money after all, so why not just keep your money safe under your mattress? Or maybe you think investing is only for rich people? I’ve been there. And I’ll let you in on a little not-so-secret secret: rich people didn’t get rich by not investing.

If you’re ready to give it a go, here are five first steps you can take to dip your toes into the investment ocean:

1. Know When You’re Ready

2. Understand Investing Vocabulary

3. Choose an Allocation Strategy

4. Do it Yourself

5. Hire a Professional

 

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