Most people don't operate with their personal investment style in mind, and when you invest in a way that's out of alignment with yourself, you have a higher chance of making costly mistakes.
Those losses deplete your funds with limits your ability to grow your money. And failures also trash your confidence and hope for retirement. So do yourself a favor and put some extra effort in at the beginning so you get off on the right foot by avoiding unnecessary problems.
Many brokerages have resources to help you clarify your investing style. Here are links to 3 companies that provide a questionnaire to get you started. We walked through Schwab's in this episode.
If you want to do a deeper personal assessment, it might be more helpful to ask yourself the following questions.
What are your investment goals?
What is your time horizon?
Immerse yourself in the differences between the investor profiles.
Conservatives
Moderates
Aggressives
Drop your comments or questions for this episode on one of our posts.
If you're looking for a more detailed summary of this episode,
Stay connected. Follow us on social!
Questions, comments, or requests? Contact Us! We value your feedback.
Want FREE weekly investing tips, picks, and strategies delivered right to your inbox? Subscribe to our email list.
**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
Episode music was created using Loudly.
Most people don't operate with their personal investment style in mind, and when you invest in a way that's out of alignment with yourself, you have a higher chance of making costly mistakes.
Those losses deplete your funds with limits your ability to grow your money. And failures also trash your confidence and hope for retirement. So do yourself a favor and put some extra effort in at the beginning so you get off on the right foot by avoiding unnecessary problems.
Many brokerages have resources to help you clarify your investing style. Here are links to 3 companies that provide a questionnaire to get you started. We walked through Schwab's in this episode.
If you want to do a deeper personal assessment, it might be more helpful to ask yourself the following questions.
What are your investment goals?
What is your time horizon?
Immerse yourself in the differences between the investor profiles.
Conservatives
Moderates
Aggressives
Drop your comments or questions for this episode on one of our posts.
If you're looking for a more detailed summary of this episode,
Stay connected. Follow us on social!
Questions, comments, or requests? Contact Us! We value your feedback.
Want FREE weekly investing tips, picks, and strategies delivered right to your inbox? Subscribe to our email list.
**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
Episode music was created using Loudly.