Walking through the maze of financial stocks, bonds and mutual funds can be a challenge. American Century Investments offers the following tips to give you the know-how to create a profitable portfolio.
1. Discover the targets. Consider how much you need money for children's education or retirement. Whatever your vision may be, to set goals and develop a concrete action plan to achieve them.
2. Define the investment horizon. If you do not plan to retire soon, you can create a portfolio that has some long-term investment that contains. If retirement is at hand, consider a more conservative approach.
3. Determine risk tolerance. Determine the risk level of comfort and respect for what you can afford. Generally have to invest, you can risk.
4. Professional advice. To avoid financial pitfalls in the future, it is always advisable to get the professional opinion of the portfolio formation search.
Recent studies show that investors are still a number of basic concepts of investment, a greater need for financial advice and recommendations face," said Doug Lockwood, a certified financial advisor.
Investors achieve their financial goals, American Century Investment has an investment plan, a program designed to build and maintain investors achieve a diversified portfolio - at no additional cost.
A combination of tutorials, tips, market knowledge, investment products, investing plans that need investors with a personal investment strategy or new investments, in search of a leader, but always want their investment mix control, help position their portfolios in the long term, or need help to understand how markets work.