Tax and Money Tip of the Week
Money Tip – Investing 101
August 17, 2011 | No. 56
This week we will start a series on investing concepts.
This series is not intended as investment advice, but only a general discussion of investing in the new millennium and in the age of the Internet, High Frequency Trading, and Machines.
Considering all the volatility over the last few weeks, here are some thoughts to consider for investing today, that our parents may not have taught us:
1) It’s OK not to play.
Point: You do NOT have to be invested all the time.
2) Have a goal and an exit plan in mind.
3) Never fall in love with any stock.
More on investing next week.
Questions or Comments?
Mark Vitek, CPA/PFS, CFP®
…until next week.