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Money Minute
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Ask Questions!
Money Minute
When it comes to your money, don’t be shy.
 

The one thing you never want to do with your money is keep quiet when you have questions. It’s one area in your life that’s too important to leave in silence.

Too often, I’ve spoken with friends who have investment accounts, but they don’t actually know how their investments work, or even what they’re invested in. And it’s clear they are very interested in learning, but they’re simply too embarrassed to ask questions. They worry about appearing uninformed.

Your financial health is simply too important. You should have lots of questions. If this was about medical health, most people would never hesitate to ask questions. Why would your financial health be any less important?

If I’m at the doctor and they tell me I’m going to need treatment or surgery, I’m going to ask a ton of questions. I’d want to know everything there is to know about an illness and I’d expect my doctor to be able to answer my questions in clear, understandable terms.

The same should be true when it comes to your finances. If you’re about to entrust your hard earned dollars – your financial health – to someone to manage for you, you’d want to know everything there is to know about how the investment works. You’d want to know what to expect in terms of risks; what to expect in terms of potential returns; and of course, you’d want to know about fees. You’d be full of questions.

So when it comes to your financial health, there’s no such thing as a “dumb” or “embarrassing” question. Quite the opposite – it would be irresponsible NOT to ask important questions.




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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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