Quick guide on building and managing your portfolio!credit
1.Getting started and what to watch out forMost people save and invest because they want some money for future goal.If you are new to investing ,here are some step to help you get started on an investment plan.2.Setting goalsWhat are your goals?Common goals include paying off your student loan ,accumulating fund for retirement or savings for your children educationWork out how much money you need for your goalWork out when you need the money for your goal.The time you have available to invest leading up to when the money is needed is known as your investment horizon.3.How much can you afford to invest?How much money do you have available to invest ,after paying your household expenses,insurance premium and debt as well as setting aside some savings?Can you cut back some expenses to free up more money for saving or investing?If your investment suffer...