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Starting Your Investment Strategy

investment strategies

Investing seems like a simple solution to growing wealth.  But where do you begin.  There are stocks, bonds, mutual funds, load and no-load funds, futures, commodities, annuities, trusts, and much more.

It’s all a bit confusing if you don’t have a degree in finance.  There is hope for the ‘lay’ investor to find the answers that he or she is looking for.  Find some expert advice in one or all of these three areas:

  1. Online research.  You can find a multitude of information online and most of that information is good.  The only problem is discerning which of that info is reliable.  You also can’t dialogue about understanding the advice.   Online advice is good, but don’t count on it to make your investment choices.
  2. Investment firms or agents.  You will get all the professional advice you need and actually begin to setup your portfolio and investment strategy.  A drawback of using a firm is that some of them just sell products for commission.
  3. Fee only planner or wealth coach.  Wealth coaching will provide an objective look at your investment needs and only charge you when they make money for you.  Be sure that when you are looking for a wealth coach or financial planner that they are up front about the costs.

Get started today with your wealth and investment plan.  It’s never too late to begin!

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Posted on Friday, April 7th, 2006 at 3:15 pm In Stock Market Investing
© 2007 Wealth-Coaching Inc.