How to get started

These are the steps to get started with investing.

  1. Save enough to cover two to six months of expenses. Make sure your expenses are low enough that you can comfortably pay them.
  2. Make an investing plan. List your financial goals and how much time you have to reach them.
  3. Determine how much risk you are comfortable taking.
  4. To reach your goals, decide on the mix of investments you want to maintain.
  5. Determine how much money you need to invest every month and make a commitment to do so.
  6. Research investments before you buy.

Helpful tips when you begin

  • Always research before you invest.
  • Base your decisions on facts, not emotions.
  • Visit Web sites that offer investment information and news.
  • Consider seeking guidance from investing professionals.

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