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Money Minute
Quick Tips
Smart Investing is Tried and True
Money Minute
These tips may not be new or exciting, but they can help you build a solid financial future.

It’s easy to get carried away by what’s new and exciting, but we have to be extra careful when it comes to investing. Temptations can range from day trading stocks to buying virtual coins. But for most of us, investing isn’t going to be exciting or glamourous. Instead, it will be basic, but tried and true.

We’ve long been told that it’s better to start investing when you’re younger than to wait until later in life. This isn’t a new or trendy concept. The idea is to maximize the time your investments have to potentially take advantage of compounding.

Another basic idea is to automate your investing. Many people participate in some kind of monthly investment program such as an employer’s 401(k) or 403(b) plan. If you don’t have access to an employer sponsored retirement plan, you can set up an individual retirement account (IRA) on your own with a monthly deduction.

Finally, if you get a raise, consider increasing your monthly deductions. You won’t really feel the difference in your take-home pay, and you’ll reinforce your progress with your savings. Likewise, if you’re fortunate enough to receive a financial windfall, consider using a portion of that to boost your retirement savings.

Smart investing may not be thrilling and glitzy, but it can help you build a solid financial future.

The information on this page is provided for educational purposes only and is not tax, legal, financial planning or investment advice. Neither the information nor any opinion expressed in this section constitutes an offer to buy or sell any securities or advisory products. The information provided is general and is not information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. You should not regard this information as a substitute for the exercise of your own judgment. Investing involves risk.

Past performance does not guarantee future results. © Ariel Investments, LLC. This website and all of its content is for informational and educational purposes only and should not be considered to be investment advice or a recommendation to buy or sell any particular security. The mutual funds offered by Ariel Investment Trust are distributed by Ariel Distributors, LLC, a wholly-owned subsidiary of Ariel Investments, LLC. Use of this website is subject to our Terms & Conditions. The Ariel mutual funds referred to in this site may be offered only to persons in the United States. This web site should not be considered a solicitation or offering of any investment products, funds or services to ineligible investors, investors for whom such products, funds or services are not suitable, or investors outside the United States.

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