First Time Investor? Unsure How to Start Investing?
Are you a first time investor, and unsure on how to start investing? Or are you afraid you might make a costly investment mistake? Holding yourself back from investing is the biggest mistake you could make. If you keep putting off investing or just leave your money in an account collecting less than 1% in interest, it could cost you more than you think.
The Fidelity article, "How To Start Investing" is a great article if you are unsure on how to start investing, and believe me everyone feels this way when they start investing for the first time. The article can be found by clicking here, and at the bottom of this blog.
Graduating from college and starting a new job is stressful enough. But getting an early start on investing and putting money aside for retirement is the true key to success. Some companies may handle your retirement account for you, but that doesn't mean you can't put away extra money and create an account you manage yourself. We recommend using Fidelity, because they offer low fees, provide useful articles, and planning tools.
Each investor is different and you need to figure out how much risk and growth you are willing to take on. When you partner with CFO 4 Your Biz, investing advise is another add-on to our services. Whether it is accounting, human resources, business evaluations or taxes, CFO 4 Your Biz has a wrath of knowledge and expertise on a variety of topics. Email us or go to our website to learn more about the services we offer.
Fidelity Article: https://www.fidelity.com/viewpoints/personal-finance/how-to-start-investing?ccsource=email_weekly