Have you ever thought of taking some of that money you have just sitting in the cookie jar, or in the low-interest savings account, and investing it? The answer is probably yes, and the only reason you haven’t gotten around to it is that you just don’t know where to begin.
Here are some tips to help you finally take the plunge and get your money working for you.
• Learn as much as you can about investing first: One of the most obvious places to get information about investment options is from popular magazines about finance such as Entrepreneur, available by subscription through the National Magazine Exchange.
• Start small: It is always wise to crawl before walking and walk before running. With small amounts of money on the line you can get a feel for how to invest properly without risking much of your hard-earned assets.
• Never invest more money than you are willing to lose. Investing is always a risk, and the money you invest should be extra money that you could live without if the investment doesn’t work out as you hope.
With these few tips, and a lot of information you can start to learn, you are well on your way to getting more from your money in 2013.
Sorry, comments are closed for this post.