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New Can Be Exciting!

Are you new to investing? Do you have a New Year goal you are embarking on?


With the start of a new year there has never been a better time to start saving and investing. If you are new to investing, you likely have questions and may not be sure where to begin.  


When it comes to investing, whether a new investor or someone who just wants to have more confidence, or you have set a goal for the year ahead, the hardest part is knowing where to start and what questions to ask. A financial planner can help you get on track and take control of your financial future – this includes getting started, asking the unknown questions, selecting investments that best suit your personal and financial needs and creating a realistic plan to meet your goals.


Three tips for investors:


  • Start now – It is important to start investing as early as possible. While you might not be able to make a big financial commitment, over time, even a little adds up. 
  • Invest regularly – One of the most effective ways to save is to have an automatic savings plan. Many people don’t even miss the money, because they never see it.
  • Diversify – A diversified portfolio reduces the risk of market and economic volatility. While there is no such thing as an optimal balance that’s right for everyone, working with a financial planner will help you find the right asset mix for you.


Please know: It’s never too late to start investing! 


Jennifer Taylor, CFP®, PFP, Financial Planner, RBC Royal Bank


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