Learn more about moneyandinvestments with this collection
How to manage risk
How to analyze investment opportunities
The importance of long-term planning
Don't forget about your investments. A market crash can spell disaster for a lot of investors' retirement and savings funds.
Be aware of what you invest in and pay attention to the big stuff.
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Some key details that can really influence how well your portfolio performs:
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Decide for how long you want to invest to best evaluate your portfolio for the future.
A short term investment portfolio will likely be riskier than long term retirement portfolios.
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Think about how much risk you are willing to tolerate:
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Having an effectively diversified portfolio will ensure that if one of your investments moves down, your overall investments will still keep you moving forward.
Mutual funds are a good way to diversify because they are already diversified to represent the index markets.
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CURATED FROM
"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman
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Despite news headlines on life-changing investments on one stock item like GameStop, it is too risky to make short-term bets with sizable sums of money on what a stock is going to do next. Instead, some of the most respected investors in the world have long said the best ...
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