c) Savvy investors keep their goals and comfort level in mind. Diversifying your investments reduces your portfolio’s volatility. You should have different types of investments, in various sectors and countries, and in a number of asset classes.
- It's impossible to predict which investments will perform the best. Past performance may not be indicative of future results.
- Certain investment products, such as segregated funds, let you benefit from the return potential of the stock markets, even if you don’t have a lot of money to invest.
- Do your homework before you start investing.