What Smart Investors Know
Savvy investors take the time to separate emotion from fact.
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It’s an exciting time for American investors. Recent years have seen a boom in Americans investing in the stock market, with Goldman Sachs estimating U.S. households will spend $400 billion on equities in 2021, averaging an eyebrow-raising 44% allocation of their total assets to stocks. Between new technologies (like mobile trading apps) lowering the bar to entry and “meme stock” trends raising awareness, it’s no wonder so many people are waking up to the power and potential of investing.
One way to find money is to examine your current spending habits and eliminate money wasters.
Knowing your risks is essential when making investment decisions and exit decisions.