With the New Year right around the corner, there is no better time than now to invest in 2016. But with the various factors affecting the markets, you need to be selective while allocating your money. Listed are a few factors that you should consider when investing you money in 2016.
· Year-End Investing Strategies Rebalance Your Portfolio – This only needs to be done once a year, so the end of the year is a great time to do so. You can see how your investments performed during the past year and where you should focus your attention in 2016.
· Invest In What You Understand – It is necessary to understand the business you are going to invest in. Otherwise it will be difficult to recognize truly meaningful information that should factor into your decision-making.
· Make Stocks the Foundation of Your Strategy – Investors need stocks in their attempt to grow their portfolio and outpace inflation. This goes back to our previous bullet when you are researching stocks to invest in, make sure you fully understand every aspect of the business.
Investing in the New Year can bring great opportunity for you to grow you financial portfolio. If you are thinking about making high yield investments and growing you financial portfolio this year, give me a call at (214) 535-1573. I’d be happy to help you start off the New Year just right!