The wealthy do something well that the majority of others do not do so well… they invest.
Investing can be hard, scary, and complex. Many don’t know what to do, nor do many even know where to start.
So, to help you master this touchy subject, I asked a bunch of experts for some helpful investing advice.
Their responses follow.
Grant A. Webster, CFP®, AKT Wealth Advisors LP
The best investment advice I have ever received is to never let emotions lead you to make dumb investment moves.
As a young financial planner and investor, there are many times when the markets have made me feel uncomfortable and nervous-but in reality, the short term bumps in the market are meaningless. Don’t make irrational investment choices like selling when the stock market dips, buying the “hot stock” of the week, or thinking of investments as a “get rich quick” vehicle. [Read more…]