Creating a balanced investment portfolio doesn’t require a degree in finance. According to Mark Belter of North Ridgeville, the key is understanding your financial goals and choosing assets that align with them. With the right strategy, anyone can create a portfolio that builds wealth over time.
Understanding Investment Types
A well-rounded portfolio includes a mix of:
- Stocks: Represent ownership in a company and offer high growth potential.
- Bonds: Provide steady income with lower risk.
- ETFs/Mutual Funds: Offer diversification through grouped investments.
Investing Tips from Mark Belter
- Diversify: Spread your investments across different industries and asset classes.
- Reinvest Dividends: Let your returns generate additional returns.
- Rebalance Annually: Adjust your portfolio to stay aligned with your goals.
- Keep Costs Low: Choose low-fee funds to maximize net returns.
Visit our Investment Planning page for more tools to build a portfolio that works for your goals.
Explore more of Mark’s philosophy and entrepreneurial work at MarkDBelter.com.