Investing Tips

Ready to invest? How about some tips?

Investing is money put at risk for the long haul. You start by tracking things you’re interested in. You can follow specific stocks at SeekingAlpha.com. Imagine that you invest in certain companies. Track their performance over time. You can do this cost-free while saving the funds to invest. Then study potential companies. Get to know the industry.  A professional advisor can help moderate your emotions.

Never invest until you’ve done your research. Take your time and avoid a get-rich-quick attitude. Diversify your investments into different sectors. And remember: “Steady plodding brings prosperity; hasty speculation brings poverty.” (Proverbs 21:5)

For more Biblical principles and practical advice, visit crown.org.