How to Invest Money: A Beginner’s Guide
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Investing is necessary to hit nearly every financial goal imaginable,
including retirement.
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Some people are scared of investing,
but what you should really be afraid of is the consequence of not investing.
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Here we’ll provide a complete guide that gives you the basics you need to know how to invest money to accomplish your personal finance goals.
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1. Set Your Financial Goals
This is typically the first step in every financial planning process out there.
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2. Determine Your Involvement Level
Once your goals are set and you have a clear idea of how much you want to invest, it’s time to decide how involved you want to be in the investing process.
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Once you’ve decided on your investment style, it’s time to choose how you want to invest.
3. Pick an Asset Class and Investment Vehicle
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Next, it’s time to choose where you want to invest. In other words, it’s time to choose a broker.
4. Choose Where You Want to Invest
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