Chapter 10

Investing Wisely and Securely

IN THIS CHAPTER

Bullet Surveying the investment landscape

Bullet Improving your investing habits

Bullet Creating a personal investing plan

Bullet Finding the best mutual funds and ETFs

Bullet Seizing opportunities during downturns

More than just about any other aspect of our financial lives, most people equate financial security with their investment portfolios. To manage your investment holdings well, you need to understand various technical details well. You also should have a suitable emotional and psychological approach to deal with and make the most of the inevitable fluctuations that occur in the financial markets.

Checking Out All the Places You Can Invest Your Money

An investment is something you put your money into in the hopes of collecting or withdrawing more in the future. All money, therefore, is in some sort of investment, even what’s put in “parking places” – a place to put money until you figure where to ultimately invest it, such as bank accounts or money ...

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