If your goal for the new year is to start investing for your future but you’re not sure where to exactly start, you’re at the right place. Investing doesn’t have to be confusing or complicated. In fact, investing in your future is one of the best long-term moves you can make, especially if you’re a few decades from retirement.
While investing itself is simple once you get set up, it’s not always easy to know where to start. The amount of available investing information can be staggering, and you might easily find yourself sifting through ill-advised stock picks, unsolicited advice from family members, and market news that’s always full of drama.
Getting started early and investing often is the secret to a healthy retirement account. Plus, the power of compound interest — which can add a huge boost with a long investment horizon — can make your money work for you so it grows even as you sleep.
“You have to cut through the headlines,” advises Jill Fopiano, president & CEO at O’Brien Wealth Partners. “It’s easy to find conflicting articles about the same exact investments.”