By Dan 
With Kiplinger reporting that the U.S. economy is expected to grow by 2.7% this year, many Americans are starting to feel more optimistic about investing again. Of course, as any investment advisor can tell you, it’s still a tricky, trap-filled world out there. You need to exercise adequate asset protection and make smart decisions based on the facts of the world markets if you really want to be successful in 2014.
Four Simple Investment Tips for Success in 2014
- Invest in Equities
- It’s Better to Be Patient and Successful
- Pay Less Attention to the Happenings in the World
- Make Decisions Based on Facts, Not Feelings
- Find a Certified Financial Planner
For Bankrate, the smartest investment decision you can make this year is investing in high-quality growth stocks. Both the industrial and technology sectors are estimated to really pick up over the next decade. Investing now, so long as the world economy continues growing, means seeing returns not too far down the road.
When you’re first beginning to invest, there is a very real temptation to invest in the stocks that will bring you the highest returns in the shortest amount of time. The problem? As CNN Money writes, those high yield stocks are too volatile, meaning that just as they can give you big returns fast, you can also lose everything in the blink of an eye. Choose safer options to protect yourself.
In a recent piece with Fortune, Warren Buffett gave investors a list of four tips for smarter investments. Among them was a surprising nugget that seems to go against everything everyone from financial investment advisors to stockbrokers might tell you. In short, Mr. Buffett told investors not to make investment decisions based on the macro economy or the world political environment. Instead, you should be thinking of your investments in terms of their growth potential for the next five to ten years, not their current status.
Just as you feel excited when your investments skyrocket, so, too, do you feel scared, angry, and impulsive when they begin to crash. When your investments crash, writes U.S. News and World Report, you’re much more likely to make a bad decision. That’s why you need to ignore your feelings and make smart investment choices based on the facts, not your gut.
If you don’t have the time or financial savvy to make a successful go of investment, don’t fret. Hiring a certified financial planner gives you access to all of this knowledge and much, much more. Just be sure to do your research ahead of time to ensure you find a certified financial planner who can actually make a positive difference in your life.
Just because the economy is finally recovering, that doesn’t mean that you can throw caution to the wind and assume your investment ventures will be successful. Follow these tips, being sure to find a certified financial planner if you need extra help, and you could be well on your way to a secure, lucrative set of investments, for 2014 and beyond. Get more info here: winshipwealth.com