Plan Your Financial Wealth

Walking through the financial maze of stocks, bonds and mutual funds can be a challenge. American Century Investments offers the following tips to give you the know-how on setting up a profitable portfolio.

* Know your goals. Consider how much money you need for your children’s education or your retirement. Whatever your vision may be, set your goals and develop a concrete plan to address them.

* Define your investment time horizon. If you do not plan on retiring anytime soon, you might want to have a portfolio that includes more investment in the long term. If retirement is just around the corner, consider a more conservative approach.

* Determine your risk tolerance. Calculate your risk level and comfort compare with what you can afford. In general, more investment is needed, the greater risk you can take.

* Consult a professional. To avoid financial pitfalls later, it is often wise to seek professional advice when developing a portfolio.

“Recent research shows that investors continue to address some of the investment concepts most basic, suggesting a greater need for financial advice and guidance,” said Doug Lockwood, a certified financial planner.

To help investors achieve their financial goals, American Century Investments has expanded its investment plan, a program designed to help investors build and maintain diversified investment portfolios – at no additional cost.

The combination of educational tools, advice, market insight and investment products, the investment plan helps investors develop a personal investment strategy, they are new to investing, seek advice but want still control their investment mix, need help positioning their portfolios with a long – long-term perspective or need help understanding how markets operate.