How to start an investment portfolio
Post on 11-Nov-2014
DESCRIPTIONInvestment portfolios are comprised of different stocks and present a more effective strategy than dropping money into a savings account and watching it struggle to collect interest. The types of investments you make depend on your situation: age, family expenses, how much money you can afford to invest, and how much longer you plan to work.
- 1. How to Start an InvestmentPortfolioBy George Divel
2. Investment portfolios are comprised ofdifferent stocks and present a moreeffective strategy than dropping moneyinto a savings account and watching itstruggle to collect interest. The types ofinvestments you make depend on yoursituation: age, family expenses, howmuch money you can afford to invest,and how much longer you plan to work. 3. Some people believe that amateurinvestors should start small and limitthemselves to one stock. This tends tobackfire. If one stock fails, you stand tolose a lot of money. Instead, try to investin two or three stocks from differentindustries such as health care,technology, oil, finance, and industrialmanufacturing. 4. By diversifying your portfolio, you pullincome from different channels andhave a backup or two in place if onestock takes an unexpected hit. Forexample, your favorite technology mightrelease an unpopular product or thegovernment might cut health-care costs. 5. About the AuthorGeorge Divel has served as a FinancialAdvisor and President of Investments atGlobal Wealth Advisors since 2005.Global Wealth Advisors is a full-serviceinvestment firm.