investing in your future

Weighing Investment Choices

Investment opportunities vary widely in the amount of risk and reward they include. Those with the highest degree of risk often provide the biggest rewards if they succeed, but may lead to financial ruin if they don’t. Before investing, do your homework. Which of these questions can help you determine if an investment is right for you?

1. What’s my purpose for investing?
2. When will I need to use the return from this investment?
3. How much risk is attached to this opportunity?

These are ALL crucial concerns. When it comes to investing, which is more important to you: Safety, having income now, or building income for later use? Do you hope to make enough money to buy a new car in two years or to save for retirement? How much money will the initial investment require? Is the investment low, medium, or high-risk? How much are you likely to lose if it doesn’t pan out? All of these factors affect your choice.