What Rules Do Wealthy Folks Follow For Smart Investing?

JORDAN CAMPBELL, CFA is a financial adviser associate at Manulife Securities

- Jordan Campbell

THE ADVISER SAYS…

A YOU MIGHT BE SURPRISED TO KNOW THAT there really isn’t a secret code among the one percent. Smart investing boils down to a few practical, commonsense factors that anyone can use to build a financial future. The only secret to success is sticking to the plan.

START SAVING NOW!

You often hear the phrase that it is best to start early when it comes to saving and investing. I’ve never found this advice helpful though, since you can’t go back in time and start saving at an earlier age. However, regardless of your age, you can always choose to start saving today rather than waiting until tomorrow. The longer you save for, the more you will accumulate.

SET A SAVINGS GOAL