Investing is a key money move that helps ensure you’re able to achieve all your financial goals. So you should invest as much as possible, but keep in mind that investing comes with risks.
To figure out that maximum amount for your unique financial situation, you need to make a plan. Most of your budget is likely dedicated to covering basic expenses, like housing, transportation and food—your needs. Another portion goes toward your wants, like hobbies, dining out, going to the movies—the fun stuff. But some of your budget should be allocated toward future goals, like building up an emergency fund, going on a big vacation, buying a home and retiring one day—and that’s where investing comes in. READ MORE.
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