The key to success in investing is finding the right balance between your risk tolerance and time horizon, your knowledge of investing, your financial situation and how much you can afford to invest. It also helps to avoid impulsive, emotional reactions during times of market turmoil.

Remind yourself that past performance is old news and that past trends do not predict what will happen next. Latest Investing Tips: trying to beat the market by chasing past winners could actually backfire and cause you to underperform. Instead, focus on the fundamentals of an investment opportunity – how it’s managed and how it fits into your overall portfolio.

Latest Investing Tips Every Beginner Should Know

Diversify your investments by choosing different asset classes, such as stocks, bonds and real estate. Diversification helps to reduce the volatility of your investment returns without sacrificing too much potential for gain.

If you’re new to investing, start with low-cost index funds or ETFs that track the major stock market sectors. These will help you capture the performance of the broader market and avoid costly mistakes that can be made when attempting to pick individual winners.

Set up automatic contributions to automatically move a percentage of your annual paycheck into an investment account. This can be a great way to save regularly and stay on track with your goals. Increasing the amount you contribute periodically can also be helpful, especially during times of volatile markets. This technique is called dollar-cost averaging and can help to smooth out your investment performance.