Investment Strategy - That's Right for You
With such a large array of investment choices, from stocks and bonds to closed‑end funds and exchange‑traded funds, it can be difficult to decide where to put your money. To further complicate matters, there’s always something new being hyped in the marketplace. Current buzz is focused on cryptocurrencies and emerging technologies like artificial intelligence and self‑driving vehicles. You might be eager to invest early and capitalize on potential growth, but are these sound opportunities?
Moreover, it seems as if everyone has advice for you. Unfortunately, platitudes like “buy low and sell high” aren’t very helpful, and those stock tips from your friend’s brother, or your uncle’s golf buddy, rarely pan out. So how can you cut through all the noise and figure out what’s right for you?
Consider these three words instead: back to basics. The best investment strategy is one that’s focused on the long term, on tried and true strategies that have stood the test of time.