5 Tips for New Investors

Getting started with investing may be easier than you think—and we're here to help. Here are 5 tips to get you going:

1. Start from solid financial ground

   To establish a solid foundation for investing, work toward building an emergency savings (this is typically 3-6 months of expenses or income depending on your situation) and paying off any high-interest debt, and take advantage of any employer matching programs.

   
   

2. Determine your goals

   Having guidance from an investment professional comes in here, to help you set your financial goals and map out a plan to achieve them

   
   

   Setting goals will give your investing a purpose and provide a finish line for your hard work.

   
   

3. Learn the basics

   As a Financial Advisor I know how imperative it is for my clients to thoroughly understand what they're investing in and educate them as much as possible

   
   

   The more you know and understand about investing and financial markets, the better suited you’ll be to making educated investing decisions.

   
   

   More education means more confidence with investing

   
   

4. Start small

   Investing small amounts frequently can add up over time, also referred to as dollar-cost averaging

   
   

5. Your Future Is Worth the Right Advice

   Your financial well-being is one of the most important investments you’ll ever make—so make it count.

   
   

   If you're not sure where to start, you're not alone. I offer a complimentary, confidential 20-minute investment consultation to help you take the first step. Together, we’ll review your current financial picture and discuss your goals.

   
   

   Whether you're saving for the future, building wealth, or just looking for clarity, I'm here to help.

Reach out today to schedule your consultation.

Sources: Fidelity Investments

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This blog was prepared by Alison Cannell, for the benefit of Alison Cannell, Financial Advisor with Cannell Wealth Management Inc., a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this blog comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability.

The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the Fund Fact sheet or prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.