Some new investors are looking to make rapid trades or try to time the market. However, starting slowly and understanding the importance of diversification and asset classes is what certified financial planner Crystal Alford-Cooper tries to impress upon her clients.
“This is the age of distraction,” said Alford-Cooper, who is vice president of planning at Glen Echo, Maryland-based Law & Associates. “In your mind, you need to stay away from the noise and stay focused and disciplined about the things you can control.”