Investing. It is something that people talk about to build your savings and assets, and it is also something that some can be intimidated by.

Just 56 percent of Americans invest in stocks. If you are one of those Americans, you may be thinking about how to get the best portfolio returns.

Well, here are some tips to increase your investment returns.

Diversify Your Assets

One of the most important tips in investing is to diversify your assets. Places like rvwwealth.com explain why investing in just one stock is a bad idea.

But, imagine if you are sitting at a blackjack table and had $1,000 in chips. The minimum bet is $10 but you decide to shove all of your chips and bet them all on one hand.

Well, that is essentially what you are doing by investing in just one stock. Yes, you can win big if it actually hits but you are putting all of your eggs in one basket.

For the blackjack table, you may want some of those chips to play roulette, the slots, or cash some in and have a nice meal at a restaurant. Your portfolio is the same thing, you need to split your money up into multiply assets to avoid putting all of your eggs into one basket.

Stick Around

Some people panic and sell all of their investments when the market hits a rough patch. Do not be one of those people because almost every time, the market will bounce back and perhaps even stronger than it was before.

Investing requires a long-term mindset. So, you cannot panic if your stock or asset takes a decent hit one day.

Instead, you need to be thinking about what that investment is going to be worth in months and most likely years from now. If you stick to your guns through adversity, you will be rewarded in the long haul.

Cut Costs

With most ways of investing, there are fees that are attached to having that luxury. Some places can be more expensive than others, with one place charging say a five percent investment or transaction fee and another place only charges one percent.

What you need to do is find a place that has lower fees like this, especially once you really feel comfortable in the world of investing. The more knowledge you have, the less help you will feel that you need from someone charging you said fees.

This can allow gaining some independence in the investing world but more importantly, it will save you a significant amount of money in the long term.

Let’s say you have a transaction fee of five percent when you are moving an investment worth $50,000. Instead of paying $2,500 to do that, find somewhere with just one percent and pay only $500.

Increase Your Portfolio Returns

Investing can be very rewarding for you if done right. If you follow the tips above, you should have a much better chance of increasing your portfolio returns in the long term.

For more related articles, check out our Investment section.

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