When to Invest

Let your employer help fund your investments

When it comes to investing, the smartest thing you can do is to take advantage of whatever your employer’s retirement plan provides.

If your company provides a 401k matching program, you should be taking advantage of that by putting the highest amount you can to meet the match. Your goal should be to get at least 10 percent of your salary into your retirement fund every month, even if your employer’s program won’t get you to that level.

The bottom line is savings and investing are crucial to your short-term and long-term financial viability. However, savings is the foundation that allows you to get to the investing stage.

If you are able to navigate both of these crucial personal finance skills, you will be putting yourself in the best possible position for financial success throughout your life.