Jeremy Abelson: How to Build Your Investment Strategy

New York City NY

02 December, 2021

9:41 AM

Description

Investing seems like a scary concept until you break it down. We spoke to investment expert Jeremy Abelson to find out his top tips for getting started. A lot of people think they need to be an expert in the stock market, but that’s not true at all. Investing can be as simple as putting your money into a fund and letting the fund manager do the work for you. If you want to get started and need some advice and guidance, this guide is for you. Here are some tips offered by Jeremy Abelson, the founder and Portfolio Manager of Irving Investors, on how to get started with investing. Set a goal Before you begin thinking about your first investment, or choosing the type of vehicle to use, it’s crucial to figure out what you’re doing it for. Jeremy Abelson from Irving Investors recommends starting with a specific life goal — such as retirement or buying a beach condo — rather than random numerical figures. What does investing mean? Investing can be a great way to make some money in your spare time. But as with any other type of investing, there's a good reason why you shouldn't do it on your own. Consider all the things you can do to protect your investment: - Keep up on the market value of a stock and have an eye on what you're buying or selling - Keep track of how much money you're spending on stocks and make sure it's not excessive How to pick an investment strategy It’s a great idea to diversify your investments, but diversification isn’t always the best way to invest. There are plenty of times when you should be looking for specific investments. If you want to buy stocks or mutual funds, here's some advice on how to invest smartly and get the maximum returns: - Invest in low-cost funds that hold common stocks - Look for funds with a high risk / high return ratio - Keep an eye out for bonds that have been issued by companies with higher growth rates In addition, it’s important to consider the big picture when it comes to investing. You should understand what kind of returns will be available from particular investments. For example, if you want a relatively good rate of return, you should focus on bonds. But if you want a relatively high rate of return, then shares might be better suited for you. Jeremy’s history with private company tech positioned him well to build a robust “crossover” equities strategy enabling Irving Investors to realize the benefit of investing in both private and public companies.