How to Plan Your Investing Strategy For 2023!
Take Your Finances to the Next Level ➡️ Subscribe now:
Download FREE Financial Resources from the show ➡️
Sign up for the Financial Order of Operations course ➡️
Download The Money Guy Net Worth Tool ➡️
Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️
Facebook:
Instagram:
Twitter:
TikTok:
Let’s make sure you’re on the path to financial success – then help you stay there!
The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW!
We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us….(read more)
LEARN MORE ABOUT: IRA Accounts
CONVERT IRA TO GOLD: Gold IRA Account
CONVERT IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
As we approach the end of 2021 and look ahead to 2023, it’s important to start thinking about your investing strategy. The stock market can be unpredictable, but with the right plan in place, you can maximize your returns and minimize your risks. Here are some tips to help you plan your investing strategy for 2023.
1. Set Goals
Before you start investing, it’s important to set clear and realistic goals. Think about what you want to accomplish with your investments. Are you looking to make a quick profit or are you looking to invest for the long-term? Knowing your goals will help you determine the best strategy for your investments.
2. Research
Once you’ve set your goals, it’s time to do some research. Look into different stocks, bonds, mutual funds, and other types of investments. Learn about the risks and rewards associated with each type of investment. This will help you understand which ones are right for you and your goals.
3. Create a Diversified Portfolio
Once you’ve done your research, it’s time to create a diversified portfolio. This means investing in different types of investments so that your portfolio is balanced and not too heavily weighted in one area. This will help reduce your risk while still providing potential for growth.
4. Monitor Your Investments
Once you’ve created your portfolio, it’s important to monitor your investments regularly. Keep an eye on the stock market and make sure your investments are performing as expected. If you notice any changes, you can make adjustments to your portfolio to ensure it’s still in line with your goals.
These are just a few tips to help you plan your investing strategy for 2023. Investing can be a great way to grow your wealth, but it’s important to do your research and create a plan that works for you. By following these tips, you can maximize your returns and minimize your risks.
I'm planning to do what I always believed is the best way to make a lot of money fast. That is start a business. A side hustle, anything really that can bring in some extra cash. When I look around me the people who are making the most money are those who own a business or are doing some kind of side hustle. Investing the money they make in stocks helps to grow that money over time, but making the money to invest is the most important step.
My Roth IRA is already maxed out. I used my year end bonus and paychecks to do it.
Great videos!
I save and invest ~75% of my income across 2 jobs and a side hustle at 27. Making the sacrifices now so in 15 years hopefully I can do whatever I want and will thanks my younger self
I wish people would stop using 40 years as the compounding number. Use 30 years instead. Most finish college at 23 then end up paying off debt/ how about military veterans starting school at 23 and finishing at 27. Most don’t really get started until closer to 30 years of age and I believe gives a more realistic perspective.
Max out your Roth Jan 1st every year and in 35yrs enjoy :).
My instinct when markets are down like yesterday is to login and buy another t-bill with 4.5%+ returns!
Ima say it again, make a plan. Ima say it again, make a plan. Ima say it one more time, I’m so excited to make a plan. Let me repeat the question, and ima say make a plan.