The decision to start investing is, by all means, a great one. But it only promises success if you take the time to determine which investment strategies will work best for you. Each approach is different depending on the person's goals, age, income and risk tolerance. If you are saving up for retirement vs. college tuition, for example, your strategy will look entirely different. There are different investments for short and long term results. Once you open your brokage account there in much to consider. Deciding on an investment strategy that works for you will be the key to financial success.
The decision to start investing is, by all means, a great one. But it only promises success if you take the time to determine which investment strategies will work best for you. Each approach is different depending on the person's goals, age, income and risk tolerance. If you are saving up for retirement vs. college tuition, for example, your strategy will look entirely different. There are different investments for short and long term results. Once you open your brokage account there in much to consider. Deciding on an investment strategy that works for you will be the key to financial success.