It’s smart to invest regularly for your future. We recommend saving and investing at least 10 percent to 15 percent of your income annually, if possible. Volatility can be helpful for those that contribute to their investments regularly because it provides opportunities to buy investments at a lower entry price.
While now is as good of a time as any to get started, it is important to step back and establish a plan first. The plan should consider your goals, aspirations and tolerance for risk. Investments should be made carefully and within the context of this plan. Asset allocation, principles for investment success like diversification and tax efficiency should be considered when constructing a portfolio of investments. There are a lot of details to consider. We enjoy helping our clients with this.