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Video: 3 Things to Remember Before You Start Investing

May 02, 2017

4th Quarter Common Cents

 Transcript Opens in a new window

If you're considering investing in the stock market, but are worried about the risks, here are three key things to help you be better prepared.

As Joe points out, you should:

  1. Before investing, make sure to manage your debt and have a strong savings plan.
  2. Develop a long-term strategy instead of trying for short-term gains.
  3. Build a diversified portfolio that works to achieve specific goals.

 

Bottom Line

Investing in the stock market doesn’t have to be stressful. By first getting your debts and savings under control, planning for long-term results, and diversifying your portfolio, you can invest more confidently.

If you secure tomorrow, you can enjoy today.

Help make sure your loved ones are protected if something happens to you, with Prudential Life Insurance.

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