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How to Establish an Investing Strategy as a Newbie


When you're new to investing, the idea of getting started can be scary and overwhelming. But the very act of opening a brokerage account or retirement plan is a step in the right direction. From there, however, you'll need to develop an investing strategy that works for you, and these key steps will help you get there.

A big part of establishing an investment strategy is understanding what you're investing for. Are you looking to grow long-term wealth for retirement? Are you aiming for a combination of long-term and near-term wealth? Figuring out what you hope to achieve and what your investing timeline looks like will help you get on the right path.

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Source Fool.com


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