The second - and perhaps more important - is picking great stocks. Know your profile Designing a portfolio that fits your timeline and financial goals is the first step toward investing successfully. While Wal-Mart's early volatility and meager dividend wouldn't have been a great fit for Mary, it's exactly the kind of stock that would have put Jimmy on easy street. Investors who spotted those traits early on in Wal-Mart have been treated to greater than 25% annualized returns over the past 30 years - enough to turn a $10,000 inheritance into a nearly $10 million fortune.
0 Comments
Leave a Reply. |