N@N

Suze Orman: What To Invest in if You Don't Know Where To Put Your Money

The article by Suze Orman on MSN Money discusses investment options for individuals unsure about where to allocate their funds. Orman emphasizes the importance of understanding one's financial goals and risk tolerance before investing. She recommends starting with a solid foundation by ensuring an emergency fund is in place, paying off high-interest debt, and contributing to retirement accounts like a 401(k) or IRA, especially if there's an employer match. For those looking to invest beyond these basics, Orman suggests low-cost index funds or ETFs as they offer diversification and lower risk compared to picking individual stocks. She also mentions the benefits of target-date funds for those who prefer a set-it-and-forget-it approach, where the fund automatically adjusts the asset allocation as the investor nears their retirement date. Orman advises against trying to time the market or chasing after high-risk investments without understanding them, advocating for a long-term, steady investment strategy.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/investment/suze-orman-what-to-invest-in-if-you-don-t-know-where-to-put-your-money/ar-AA1w9EO1 ]