Keep in mind your personal risk tolerance when you're developing your investment strategy. Riskier investments like stocks and stock mutual funds consistently do better over a long period of time than any other investment. However, that doesn't mean that your particular stock or stock mutual fund will do well. If each dip in the market is going to give you heart palpitations, stick with less risky investments such as bonds and CDs. Of course, the riskiest money move of all is to not invest your money in anything. In this case, you're guaranteed to lose money after inflation is factored in.
Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.
Guru Spotlight |
Byron White |