Don't Invest in Anything Unless You've Answered These 4 Questions First
So, you've saved up a little cash and you want to invest it. Good move -- investing in assets that can earn you a healthy return is key to achieving financial security. But where exactly should your money go?
There's an almost endless array of investment options, from stocks and bonds to cryptocurrencies or real estate. Each of the choices open to you has advantages and disadvantages, with the most obvious possible downside being the chance of losing all your money. (And with a few investment options, such as shorting stocks, you can lose even more than you've invested.)
You want to make smart, responsible choices as you build your portfolio. Answering these four questions about any potential investment before you put your money into it will help you do just that.
Source: Fool.com