Review your goals. Knowing when you want to reach them is your time horizon and that should dictate what you invest in and how much risk you take.
Today everyone should consider having a financial plan, but most individuals have not planned for their future.
Most investors don’t even know they are in the wrong type of investment until it’s too late.
Investments that you hold for less than a year and then sell are considered short term investments and are taxed as ordinary income.
Pawtucket, R.I.-based Hasbro plans to cut about 10 percent of its workforce and consolidate facilities to reduce expenses.
Mutual fund companies send out annual statements the end of January. My strong recommendation here is to take the time to review them.
The number one reason to sell is when your goals or objectives are met and you need the dollars to pay for the goal.
You will want to learn how to compare your mutual fund to a standard so you can tell how well it’s doing compared to other similar mutual funds.
To reach your financial goals of a comfortable retirement you will be investing in the stock market.
It’s easy to ask others what they’re doing for retirement savings and just follow their plan, but one plan does not fit all.