Investment write for us: You might be considering making adjustments to your investment portfolio in light of recent market developments. The Office of Investor Education and Advocacy at the SEC is worried that some investors, such as bargain hunters and mattress stuffers, are making snap judgements about their investments without taking their long-term financial objectives into account.
We are publishing this Investor Alert to provide you with the information you need to make an informed decision, even if we are unable to advise you on how to manage your investment portfolio in a turbulent market. Before you decide anything, think about these crucial factors:
Draw a personal financial roadmap.
If you’ve never created a financial plan before, take some time to sit down and honestly assess your current financial status before making any investment decisions.
Establishing your objectives and risk tolerance, either on your own or with the assistance of a financial expert, is the first step to effective investment.
Your ability to profit from your investments is not certain. However, if you are aware of the realities around investing and saving, and you follow through with a wise plan, you should be able to achieve financial security over time and benefit from sound money management.
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