When you start the beginning process of: How to invest, Where to invest, How much to invest, and the plethora of other questions that go along with it, the process of narrowing down your selections becomes muddy.
I too was unaware of what the best option would be and instead I went with whoever was offering the best deal at the time. Within these posts, I will give my opinion on these new fintech tools, helping to guide you into a better decision for yourself. One thing I learned, it definitely helps to have more than one brokerage or application, as diversification is the key!
In your research, you will definitely hear that a lot, diversification. It is very important to put your eggs in many baskets so in case one goes down, the other baskets can help balance your portfolio.
I have been reading the book, The Little Book of Common Sense Investing, by John Bogle and it has been very eye opening at getting started and getting ahead with not only investing, but making sure your investments are diversified. If you get a chance, read that book and it will open your eyes as well.
