Friday, May 31, 2013

Easy Way to Put Investment Services to Work for You


A lot of people like to sit back and let their Naperville investment services handle all of the work for them. This, however, is a bad idea since it takes you—the investor—out of the driver’s seat and puts someone else in control of your finances. Though that’s fine if you have a skilled Naperville investment advisor whom you can trust, it keeps you from learning and growing and from one day being able to make your own smart investment decisions. Why not trust yourself and take the reins by finding simple, easy ways to up your investment ante?

One suggestion is to simply increase the amount of money you are putting into your 401k. Take what you are currently contributing now and just add a few dollars to it or, if you really want to make a difference, try doubling it. This strategy is an even smarter move if your employer has agreed to match your contribution. If you don’t have the funds to increase your 401k contribution, talk to your Naperville investment services provider. They can often go through your finances and find ways in which you’re overspending. Once you’ve put an end to unnecessary spending, you’ll have more money to invest in your 401k and to use in other financially smart endeavors.

You might also want to consider making some small investments in very stable, trustworthy stocks. Well-known, long-lasting corporations, like McDonald’s or even Levi’s jeans, are usually a safe bet and can help you to accumulate money gradually over a long time period. If you’re unsure about the security of a particular stock investment, don’t hesitate to ask for advice from your investment advisor.

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