Investing – Four Steps to Successful Investing

    Published: 06-16-2009
    Views: 12,109
    Financial Advisor Ric Edelman discusses the top four steps to successful investing.

    Ric Edelman: Today we're here to talk about the four steps to create a solid foundation for your financial future. Everyone invests for different reasons to pay for college, buy a home, retire comfortably, or reach some other goal. But no matter what your goal, follow these four simple steps; saving regularly, investing for the long term, diversifying, and rebalancing.

    In this video series we will explore each of these steps and how they can help you meet your investment goals.

    In our first video on savings, we are going to talk about why you are having trouble finding money to invest and how you really can start saving.

    Then we will talk about investing for the long-term, and why that's the best way to help you capture profits.

    In our third video, on diversifying, you will learn the difference between small risks and big ones, and finally, in our video on rebalancing, you will learn the secret to investment success that most investors ignore.

    Please keep in mind that all investments are subject to risks and fees and there is no substitute for consulting with a knowledgeable professional. Carefully consider your objectives as well as risks, expenses, and tax implications before investing.