Five tips to get your 2021 investment year going!!!
2021 IS now upon us, and the typical resolutions of going to the gym, eating better, and buying that new car have been replaced with staying healthy and ensuring our livelihoods are maintained. Long-term investing and saving continue to play a key role this year, and building a solid stock portfolio should be a key resolution when growing wealth sustainably.
Over the long-term, stocks have provided higher returns than bonds, treasury bills, gold, or money market accounts. Investing in stocks over a long period of time has given investors both dividend income and capital appreciation. Combining these two return streams makes for solid long-term returns.
Investors can own individual shares, or mutual funds / unit trusts (which is a composition of different stocks into one single fund). Applying basic investment principles can..
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