wiseradvisor

The Hottest Investment Tips

The Hottest Investment Tips Have you ever received a really hot investment tip?

How many times has it actually worked out?

"Not-so-hot tips" can throw a kink in your long-term investment approach. Here are some sound tips for the long-term investor:
  1. Get started early
    It's impossible to stress this point too much! Despite other financial pressures, this can often make the difference in reaching your goal. Historically, stock values appreciate in the long run so investing over longer periods can help your appreciation potential with managed risk.
  2. Establish a regular investment program
    Even experts cannot predict when prices are low and on the rise; therefore, the best strategy is to invest a set amount every month. Like any other investment, this approach cannot protect from loss or guarantee a profit, but it may help to lower the average cost of your investment purchases.
  3. Reinvest returns
    By reinvesting distributions from investments, you may be able to increase your account balance over the long term. Assuming a positive return on your investment, you will realize greater benefits from the power of compounding. This is the concept of earnings on earnings.
  4. Maximize tax-advantaged retirement plans
    If retirement is one of your objectives, be certain to invest in an employer-sponsored retirement plan if you are eligible. Most plans allow pre-tax contributions and tax-deferred account earnings. Don't forget about IRAs either.
  5. Don't be too "safe" during retirement
    When you retired, preservation of capital was a steadfast financial planning rule. However, because of inflation, you should be more concerned with preserving your spending power. To keep ahead of the game you must take inflation and taxes into account for the actual amount of your investment return. 'Safe' investments could be a losing proposition if they offer no growth potential.
  6. Prepare for the long haul
    Follow the plan. Don't be tempted to over react to short-term market fluctuations. Chasing "hot" tips could damage your long-term plan.
  7. Schedule regular portfolio checkups
    Your financial portfolio may need gradual adjustment as your lifestyle changes. You should review your holdings with your financial advisor at least once a year. If you have a major life change (e.g. marriage, baby, job change or early retirement), make an immediate appointment.

Want Better Returns on Your Retirement and Investment Assets?

Find the Right Financial Advisor for You
Free Initial Consultation. No Match Fees. No Obligation

WiserAdvisor has over 20 years experience in successfully matching interested investors to financial advisors and is a trusted source in this field. Matched Advisors are screened for experience, fee schedules, registered with FINRA and SEC and hold clean records

YOU MAY ALSO BE INTERESTED IN

I want to take charge.
HELP ME FIND MY ADVISOR
x

Many of you have expressed your concerns. We heard you.
Our vetted advisors nationwide are prepared to connect via phone and/or various virtual online tools. The safety and health of you and your loved ones is our top priority.
Start your advisor matching process now. Get some clarity on the forces driving the markets and the balance in your nest egg.

Information on our advisors:

      1. Licensing & disclosures with FINRA & SEC
      2. Advisor Compensation (Fee Only or Fee Based)
      3. FREE initial 1 on 1 consultation

Get a custom match (1-3 advisors) - No match fee

Completely Private and Confidential