How to Invest and Why You Need a Plan
Investing is a good way to grow your wealth and provide for your family. But there are several important factors to consider when you want to get started. There are many accounts you can open, including a bank savings account, 529 plan, and a 401(k). You will also want to consider your risk tolerance. A risk tolerance is a measure of how much you are willing to lose and how much you are willing to gain in investment returns. It’s important to know how much risk you are willing to take in order to avoid losing your entire investment. If…