New to Investing? This Should Be the First Thing You Add to Your Portfolio
Investing can be intimidating when you're just getting started, but you don't have to be an expert at picking stocks to grow your wealth this way. In fact, you only need a single investment to get off and running. Below, we'll take a look at one of the best options for new and experienced investors alike.
When building your investment portfolio, you always want to focus on strong companies you expect will perform well over the long term. It can seem tempting to try to buy in when a stock is skyrocketing, but if you don't think it can sustain that high valuation over time, it's probably not worth it. Trying to time the market usually doesn't go well. You're better off ignoring short-term swings and focusing on the company's long-term growth potential.
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Source Fool.com
