Investing Tips for Every Age
In this insightful discussion, Kevin Jestice, the head and senior vice president of the Nationwide Investment Management Group, joins Brad Smith on Wealth to share invaluable portfolio allocation tips tailored for investors at every life stage. Whether you're just starting your career or approaching retirement, understanding how to manage your investments is crucial.
Key Portfolio Allocation Tips
- For Young Investors: Focus on growth-oriented investments that can yield higher returns over time. Embrace the power of compound interest and consider a mix of stocks and ETFs.
- Mid-Career Strategies: As you advance in your career, begin diversifying your portfolio. Incorporate bonds and other safer assets to balance your risk.
- Pre-Retirement Planning: Shift your focus toward preserving capital. Consider more conservative investments to protect your savings as you approach retirement age.
For more expert insights and analysis on the latest market action, be sure to check out more content on Wealth.
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