6 steps to investing wisely
Step 1: Determine financial priorities – Housing, living expenses, emergency savings, and paying off high-interest debt should take priority. Invest only with leftover funds after these obligations are met.
Step 2: Set investment goals – Long-term investment goals are as diverse as growing personal wealth, retirement planning, building and passing on generational wealth, creating additional income streams, or supporting a business or cause. Choose the wealth building products that best fit your investment goals:
- Traditional and Employer-Sponsored IRAs – An Individual Retirement Account (IRA) is a pre-tax investment account designed to help individuals save for retirement. IRAs offer tax advantages that can help individuals grow…
