Join ME here on Monday Mornings for an Inspirational WORD and our Money Mondays Tips.
Money Mondays Investment Tip:
There is a wide range of choices to investing. When choosing your investments, you want to weigh your desire for potentially higher investment returns against your willingness to accept higher market risks. Long-term investors have time on their side to ride out market declines and can afford to take more risks. This is not true for investors who need to use their money in the short-term.
Over time, be sure to adust your investments to suit your current situation and make sure that your investment objectives fit your strategy remembering all investments even ones that are considered safe have risks of their own. ~Bonnie Gortler - http://www.bgjourneytowealth.com/
Money Myth: Your Money is Safest in the Bank.
Truth is: Money market accounts, savings bonds, your 401(k), a 529 plan and index funds may all be better alternatives (obviously, do your research or talk to your financial adviser) (Williams, 2013) http://www.dailyfinance.com/2013/12/06/5-money-myths-you-shouldnt-fall-for/
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