Teach yourself about money and personal financeKnowing how to manage your money could reduce risk and help secure a better financial future
2. Aim For High ValueAt Low Price
Don’t lose money by investing your money in low-value,high-price spendingInvest your money in spends that offer high value for the price paid
3. Choose Low-CostIndex Funds
Buffett once said,“If you invested in a very low-cost index fund — where you don’t put the money in at one time, but average in over 10 years — you’ll do better than 90% of people who start investing at the same time.”
4. Put Your Money In Long-Term Investments
Building wealth takes timeChoose long-term investments and be patient to achieve your financial goals
Over diversification could dilute the overall impact of your investment portfolioTalk to a financial advisor to review your portfolio before your next investment