investing

Factor your job into investment planning

Apply industry know-how with caution
Next
Slide 5 of 6
Previous
Apply industry know-how with caution

If you decide to invest in company stocks in the industry you work in, pay attention to workplace clues about the industry's health.

"You know when hiring is happening, what the morale is inside the company," D'Arruda says. "Back in the boardroom, before they come out and give a smiling face to the press, you've seen what the real attitude is."

But don't get overconfident of your insider's knowledge. Place says she's seen many professionals do this.

"They think that they know the markets and will make a ton of money," Place says. "But, unfortunately, a lot of them haven't done their homework. They don't diversify as well as they should, so they end up losing a lot of money."


Next
Slide 5 of 6
Previous

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
advertisement

CDs and Investment

Can heirs cash an old trust?

Dear Dr. Don, The youngest of 6 children, I am 48 years old. My father joined the Navy at 22. In Italy, he met his bride and my mother, and returned to the U.S. to raise our family. In 1959, he bought a trust certificate... Read more

advertisement

Blog

Claes Bell

We love real estate, but does it really pay?

Economists think there's a better long-term investment. Who's right?  ... Read more


Connect with us