When investing, one of the best abilities is durability
You’ve probably heard about investors who got in on the “ground floor” of a company that grew to be a huge success.
But successful investing isn’t about luck or genius. Instead, it's about building durability.
Here are some suggestions:
First, think long-term. Most investors make their money over time, not overnight. You'll want a well-diversified portfolio of quality investments and plan to own them for the long term.
Next, invest in quality. For stocks, quality is often measured by the steadiness of earnings and dividend growth over time. For bonds, one measure is an investment-grade credit rating with a relatively low risk of default.
And finally, build a long-term strategy to provide a roadmap for your investment choices. You may want to make changes periodically, but do it for the right reasons, like changing goals or tolerance for risk.
But overall, follow a durable strategy personalized for your life.
This content was provided by Edward Jones for use by This article was written by Edward Jones for use by your local Edward Jones Financial Advisor, Alan Bell, AAMS™, 222 Great Road (Donelan's Plaza), Suite 8, Littleton, MA 01460, (978) 486-1059, alan.bell@edwardjones.com.
Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation.
Edward Jones, Member SIPC
But successful investing isn’t about luck or genius. Instead, it's about building durability.
Here are some suggestions:
First, think long-term. Most investors make their money over time, not overnight. You'll want a well-diversified portfolio of quality investments and plan to own them for the long term.
Next, invest in quality. For stocks, quality is often measured by the steadiness of earnings and dividend growth over time. For bonds, one measure is an investment-grade credit rating with a relatively low risk of default.
And finally, build a long-term strategy to provide a roadmap for your investment choices. You may want to make changes periodically, but do it for the right reasons, like changing goals or tolerance for risk.
But overall, follow a durable strategy personalized for your life.
This content was provided by Edward Jones for use by This article was written by Edward Jones for use by your local Edward Jones Financial Advisor, Alan Bell, AAMS™, 222 Great Road (Donelan's Plaza), Suite 8, Littleton, MA 01460, (978) 486-1059, alan.bell@edwardjones.com.
Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation.
Edward Jones, Member SIPC
