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Bad investing advice can come from many quarters, such as wealth expos or financial advisors. If anyone promises you any type of return over 12%, 99% of the time, they are probably playing you.
There are great financial advisors out there, but many people who sell investment products just want your money. However, it's not that hard to invest for yourself.
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Two of the most common investment questions are "what do you invest in " and "what are the best investing strategies"?
After you maxed out your 401k, Roth IRA, and SEP-IRA, invest the rest in the following:
Three essentials for successful investing: Invest in things you understand with low fees and minimal taxes.
For short-term investing, keep your money in a bond fund like the Vanguard Total Bond Market Index Fund or a certificate of deposit (DC) at your local bank.
Many people get poor investment returns because they get emotional. Emotions around investing are simply due to a lack of knowledge.
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Every investor’s principal goal is to reduce all possible investment risks while simultaneously increasing investment opportunities. Learn all about diversification and untold secrets. This will help anyone start their investment journey.
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