If you’ve recently started investing or just joined a plan
When it comes to investing, there’s no one-size-fits-all solution for any two people. The right investment strategy for you will depend on your individual circumstances, including your financial goals, risk tolerance and investment timeline. However, there are some general principles that can help you get started.
Here’s a glimpse at what those are…
A fund report includes various elements, such as:
- Total operating expenses
- Volatility meter
- Investment manager
- Historical performance
- Compound returns
- Calendar year returns
- Top holdings
Looking at these aspects of your fund report can give you a better sense of how your investment funds are performing year over year. From there, you can make important adjustments to ensure you’re allocating your money in a way that can also help you meet your financial goals.
With mindful focus and consideration on all of these areas, you can better choose investments that fit your needs. And don’t forget to use the helpful tools and resources available to you so you can set and update your financial goals, manage your plan and stay close to the money you’ve worked so hard to save.