About Ways to Invest Money

Video Transcript

"This is John Pinelli, financial representative, and today we're going to be talking about ways to invest. Before, we talked about types of investments. Types of investments include things like real estate, bonds, stocks, other securities that are out there, options, futures, money market, CD's. There's a ton of options out there when you're looking at types of investments. Now, when you're looking at ways to invest in in those individual securities you're looking generally more on the strategic side. You're deciding how much should I allocate for say real estate? How much should I allocate for individual stocks? How much should I allocate for mutual funds? Typically, for this you would want to sit down with a financial representative like myself to determine the appropriate mix for yourself. Different people in different stages of their lives are going to have different strategies. Someone who is younger, starting out in life might be able to take more risks, might be able to invest in riskier strategies; things like stocks, maybe riskier real estate, maybe some options in there, combined with also some more stable investments, but that would be a smaller percentage. Now, when you're looking at someone nearing retirement a higher percentage of that portfolio is going to be allocated towards less risky investments; things like bonds and CD's, because as you're nearing retirement you want to make sure that you have that money going into retirement, and you're not taking on thirty and forty percent losses in a single year with some stocks and mutual funds that are out there, which has been happening in the past year, and has dwindled many people's 401k's and monies that they were counting on for retirement. So, something to consider when considering ways to invest your money is your overall mix; which percentages you're allocating to each type of investment. So, this has been John Pinelli, talking to you today about ways to invest."