Building a diverse, successful investment portfolio isn’t reserved for people with six-digit salaries. Anyone can learn how to integrate their investments with a financial planning approach to achieve their goals.
If you’re a newcomer to the world of investing, your best bet is to work with a certified investment advisor. But what is an investment advisor? According to the Securities Exchange Commission, a certified investment advisor is an individual who “is in the business of giving advice about securities to clients.”
Here are the top four reasons why you should start building an investment portfolio with a certified investment advisor:
1. Investing helps you set and achieve goals: The best investment advisors help their clients set and achieve short- and long-term goals. If you eventually want to afford a home or start your own business, a certified investment advisor will help you realize your dreams.
2. Investing lets you support companies and causes you believe in: Probably the funnest part of building up an investment portfolio is choosing which companies and causes that you want to help fund. You’ll feel good about supporting things you believe in.
3. Investing earns you money: When your money earns a higher rate of return than a savings account would offer, you can grow your wealth substantially. A certified investment advisor will know the latest market trends and can guide you toward the best investment opportunities.
4. Investing is a great way to save for retirement: Did you know that a third of Americans between the ages of 30 and 59 won’t have enough money saved up for their retirement, even if they keep working until they’re 70? As Americans live longer and have less access to pensions and Social Security, saving for retirement has never been more important. Certified investment advisors can help you set up a retirement fund and make sure you are able to retire and live a comfortable lifestyle. Read more about this topic at this link.