How do you invest?

What is a good investment?

Asked by jermaine

3 Answers

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Answered by Alex Bentley, Financial AdviserPRO+ in Pacific Palisades, CA
A good investment depends on when you will need your money and how much risk you are willing to take. For most people, investing means saving for retirement. So that would mean participating in a retirement plan at work or funding an IRA or both. For most investors a great solution is a Target Date Retirement Fund from a low cost provider like the Vanguard Group. | 10.22.14 @ 22:55
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$commenter.renderDisplayableName() — {comment} | 12.08.16 @ 06:25
Answered by Arin Moradian, Financial Adviser in Glendale, CA
Depends what your goals are, and what your time horizon is and what your risk tolerance is. Once you answer those, ill tell you what you need to invest in. | 03.04.15 @ 00:23
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$commenter.renderDisplayableName() — {comment} | 12.08.16 @ 06:25
Hello Jermaine,

When people want to double their money they always think they need to invest without know how money works. First, thing you need to ask is your family responsibility, are covered when something happen to you? Think of your self like a car. One morning, your car stop work, who will be responsible for fixing it? You, or your family, or a company. You choose. Then apply that question to everything you have including yourself.

Secondly, if you can save $10 a day and find a company that will give the highest return. Pay down your debts ASAP!
There are many ways to invest first to yourself then after your established that. You can think of investing in high risk investments.

Most importantly, find a trusted Financial expert that will guide you through this process. | 11.25.15 @ 07:49
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$commenter.renderDisplayableName() — {comment} | 12.08.16 @ 06:25
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Answered by

Alex Bentley
Alex Bentley, Financial AdviserPRO+ in Pacific Palisades, CA

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