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Steps to Start Investing

If you’re interested in investing, take a look at these easy to follow steps to get started!
Make a Plan
Before you invest, evaluate your whole financial picture. If you have any high interest rate debt, work on paying that off first. Then think about your investing timeline. Are you investing for retirement that might be 20 or 30 years away? Or, are you investing for something short-term? Making a plan and figuring out your goals will help you determine the amount of risk you are willing to take while taking your timeline into consideration.
While researching may not sound like fun, it is imperative! Learn the basics by reading all about various investment products (ex. Mutual Funds, ETF’s, etc.). Visit online resources such as and It is also essential that you look into diversifying your investments. By owning stocks of different companies in different industries and even in different countries, you’ll lower your investment risk.
Get Advice
Depending on your specific situation, it may be wise to seek the advice of a financial planning professional. If you don’t have a financial advisor, FORUM Private Client Group can help. Call 317.558.6322 or email
Once you have your plan in place, make sure to monitor your investments and rebalance your portfolio when needed. This will ensure you maintain the asset allocation you desire. While all investing involves risks, it’s important that you feel comfortable with your holdings and that those holdings are in alignment with your various goals.

Posted: 11/24/2015 with 0 comments

Categories: Finances, Investments, Planning

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