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Key Considerations for Those Who Are Investing Their Money

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There are many people from different backgrounds and of different ages that are interested in investing money. However, many are not particularly familiar with the various different types of investments that are around and some have no idea how to get started. In addition, there are many who are too scared of losing money on investments due to horror stories they may have heard. This then results in them simply putting their money into a savings account where it earns very little interests and offers no returns.


If you are one of the many people who want to try and make their money work for them through investments, it is important to know what key points you need to consider and what steps you should take. Investing money is something you do have to be careful with, which is why so many people get so nervous about it.

However, if you have access to the right tools, services, and advice, this is a task that can become far easier and more manageable for you. From getting expert financial advice to using tools such as the Ally Invest app, there are many tools that you can use in order to get advice and help when it comes to investing.

Some Key Points to Think About

For those that are thinking of investing their hard earned cash, it is very important not to rush into any decisions. Investments are not decisions that should be rushed into or taken lightly. You need to put a lot of thought into your options and selections as well as ensuring you have the most accurate and sound advice.

Any wrong decisions when it comes to investments could prove to be very costly to you, so it is vital that you take some time to consider some of the key factors before you make any decisions at all.

One of the things you need to consider before you make any decisions about investing money is whether you can afford to invest and if so how much you can afford. You have to remember that investment is always a risk so if you stand to lose everything if something goes wrong, you need to think twice.

If you have money that you can afford to lose, you can invest without having to worry about being left destitute in the event that something does go awry. Of course, all investors hope to make their money work for them and many do achieve this with their investments. However, you still have to take the possible risks into consideration and determine whether it is worth the gamble in your specific situation or circumstances.

Another key thing you need to think about is the type of investment you want to get involved in. There are many types of investments you can consider depending on your interests, preferences, knowledge, and finances. However, for those that are not really familiar with investing it can be extremely difficult to navigate the investment minefield and decide what sort of investment to opt for.

The good news is that there are experts that can help when it comes to assessing your situation and recommending the best option. However, you do need to be very careful and choose someone with expertise, an excellent reputation and someone that is regulated.

Many people in the past have been steered wrong by unscrupulous advisors and this has left them facing huge losses. By making sure you do your research when it comes to finding an investment advisor, you can benefit from far greater peace of mind.

You should also take the time to do your own research online so you have a better idea of what your investment options are, how much you might be expected to invest, what the likelihood of impressive returns is, and how the investments work.

Even if you do not know a lot about investment and are unfamiliar with the jargon, you will find plenty of articles and posts online that are aimed at those with little or no knowledge of investing.

This means that you can more easily understand what each type of investment is about and what the pros and cons are. You can also better understand the risks involved with different types of investment, which puts you in a far better position to make an informed decision with regards to the investment option you choose.

One of the other important points you need to look at is how long you can afford to have your money tied up for. There are some investment options that are short term and where you may be able to make returns quite quickly. However, there are others that can provide much bigger returns but do require the investment for a longer period in order to do this. If you can afford to invest over the long term, you will find that you have far more in terms of options and you have a better chance of making impressive returns on your investment.

Setting Goals and Diversifying

Two of the things that investors often do in order to boost their chances of success is to set goals and to diversify. The first is something the gives them some sort of structure when it comes to investment and this means that they can work toward certain goals and aims that they have in terms of their investment. The second ensures that they do not put all of their eggs in one basket, which helps to minimize on risks and spreads their investment money around rather than relying on just one particular investment.

Making sure you follow these tips can help to ensure you choose the right type of investment for you and could help to increase your changes of making returns.

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2020 is Around the Corner: Here's How To Design Your Next Decade

Personally, I am over the top excited that we are on the cusp of turning the page on not only a new year but also on a new 10-year window of opportunities and possibilities!

You may be thinking, whoa…I am just embracing the fall season…yikes… it is tough to think about a new decade!


Yet it is this groundwork, this forward thought that you put in place TODAY that will propel you and lead you into greatness in 2020 and beyond. Designing a new decade rests in your ability to vision, in your willingness to be curious, in your awareness of where you are now and what you most want to curate. Essentially, curating what's next is about tapping into today with confidence, conviction, and decision. Leading YOU starts now. This is your new next. It is your choice.

Sometimes to get to that 'next', you need to take a step back to reflect. Please pardon my asking you to spend time in yesterday. Those who know me personally, know that I created and continue to grow my business based on enabling the present moment as a springboard for living your legacy. So, indulge me here! True, I am asking you to peek into the past, yet it is only in order for you to bring the essence of that past forward into this moment called NOW.

One of the best ways to tap into what's next is to clarify what drives you. To design a new decade, ask yourself this question about the past ten years:

What worked? What were my successes?

Make a list of your achievements big and small. Don't type them, but rather use ink and paper and sit with and savor them. Move your thoughts and your successes from your head, to your heart, to your pen, to the paper. Remember that on the flip side of goals not attained and New Year's resolutions abandoned, there was more than likely some traction and action that moved you forward, even if the end result was not what you expected. Once you have a full list of a decade's worth of personal and professional accomplishments, think about how this makes you feel. Do you remember celebrating all of them? My guess is no. So, celebrate them now. Give them new life by validating them. Circle the successes that resonate with you most right now. Where can you lean into those accomplishments as you power into the decade ahead?

Now comes a tougher question, one that I used myself in my own mid-life reinvention and a question I adore because in a moment's time it provides you with a quick reconnect to your unique inner voice.

If it were 10 years ago and nothing were standing in your way, no fear or excuses to contend with…what would you do?

Don't overthink it. The brilliance of this question is that it refocuses purpose. Whatever first came to mind when you answered this for yourself is at its core a powerful insight into defining and redefining the FUTURE decade. Bring your answer into the light of today and what small piece of it is actionable NOW? Where is this resonating and aligning with a 2019 version of yourself?

Then, based on your success list and your answer to the above question, what is your 2020 vision for your business and for the business of YOU?

Designing a new decade begins as a collection of 3,650 opportunities. 3,650 blank slates of new days ahead in which to pivot and propel yourself forward. Every single one of those days is a window into your legacy. An invitation to be, create, explore, and chip away at this thing we call life. One 24-hour segment at a time.

While you have a decade ahead to work on design improvements, you have the ability to begin manifesting this project of YOU Version 2020 right NOW. Based on exploring the exercises in this post, begin executing your vision. Ask questions. Be present. Let go of 2019 and the past 10 years so that you can embrace the next 10. Position acceptance and self-trust at the forefront of how you lead you. One choice at a time.

Don't get bogged down in the concept of the next 10 years. Instead position clarity and intention into each new day, starting today. Then chase every one of those intentions with an in-the-moment commitment and solution toward living a legendary life!