How to invest Updating

Golden rules of investing

• Learn how to avoid been scammed first
• Pay off your debts second — pay off any loans
• Have emergency savings — at least cover three months’ expenses
• Develop an investing plan — define your financial goals, risk tolerance and investment time frame
• Research different asset classes — understand the risks and returns
• Diversify your investments — spread your money across and within asset classes to lower the portfolio’s risk
• Keep track of investments — review them regularly