Money & Career
Investing Tips for Non-Investing Types
7/1/2019 1:00:00 PM
Investing Tips

The first step is the hardest. That’s certainly true when it comes to investing money. Where, how, when, for how long, what if I lose the little I have? These are some of the questions floating around, making many of us want to shelve the idea and go back to sipping our café au laits. 

But wait! We’re adults. We want to retire one day. It’s up to us to figure out how we’ll finance our retirement and have money through the years. We want our lives to be fulfilling and financially secure.  

"Diving in is the hardest thing to do,” says Denise Rau, Certified Financial Planner and President of Rau Financial Group. "There’s fear of the unknown and intimidation that other people know more and worry that you’ll get taken advantage of. Yet, you know investing will help you have solid financial growth over time. The sooner you begin, the more time you have on your side.”   

If you hesitate because you’re not the money type, you don’t enjoy financial spreadsheets, or talking about percentages, net gains, and stocks, you may want to partner with a financial advisor. "My first step for anyone, and especially for someone new to investing, is to understand their goals, their vision for the future, and their concerns,” explains Rau. "I want to know what brings them joy and what worries them; then we can put a plan together to give them the financial means to maximize opportunities in line with their dreams and conquer their fears. My job is to help them put their money where their heart is.”

Rau adds that it’s important to remember, no matter how uninformed or fearful you are, there are consequences for sitting on the sidelines, too; including a smaller nest egg in the long run.

Investing is a tool for building wealth, but it’s not only for the wealthy. Anyone can get started on an investing program.

You’ll want to avoid putting all your eggs in one basket, which is another way of saying diversification is good. Stock market index funds are an easy, diversified, low-cost way to invest in the stock market. 

"When investors buy an index fund, they get a well-rounded selection of many stocks in one package without having to buy each stock individually,” explains Rau. 

One of the most well-known financial experts, Warren Buffett, who has a net worth of $89 billion, says the average investor need only invest in a broad stock market index to be properly diversified. 

The Standard & Poor’s 500 index, you may have heard it as the S&P 500, is one of the best-known indexes because the 500 companies it tracks include large, well-known U.S.-based businesses representing a wide range of industries.

The Dow Jones Industrial Average is another index fund. This one has a collection of 30 stocks the editors of the Wall Street Journal decide represent the U.S. economy. 

"One of the key advantages of investing in index funds is they remove the challenge of trying to choose wise investments individually; their broadness means several sectors are doing well, while others may dip low, but overall, your funds continue to grow,” Rau says.

Emotions are often a big obstacle to getting started with investing. When stocks fall, and they will fall, you’ll lose money and no one wants that. But, they will also gain, and you’ll feel like celebrating. 

"The rise and fall of the stock market shouldn’t determine your attitude that day,” advises Rau. "I help my clients move beyond the daily numbers and encourage a broad, long-range perspective. Remember, my aim is to maximize their opportunities for joy and reduce the anxiety of money management. It helps to have an advisor with whom to bounce around ideas. Letting them handle the details allows you to see the long-term growth.”

Investing takes time and patience. "Investing in the stock market to get rich quickly is absolutely the wrong approach,” Rau says. 

Starting when you’re young is always a good idea. People in their 20s and 30s are able to take more risks because time is on their side. Unfortunately, many young people either don’t think about investing, or they think they don’t have enough money to invest. 

"If you wait until you have a comfortable lifestyle, maybe in your late 40s or 50s, you’ve lost so many valuable years for growth. Even if you have $100 a month in your 20s, put it into some kind of investment. A small start is still a start,” Rau says. "Over time, add to it. You’ll develop discipline for saving and you’ll see it increase over the years. Consequently, if you’re in your 40s or 50s and haven’t invested, it’s not too late. We can start wherever you are.”

Taking the first step is difficult, but it opens the door to opportunities for financial growth and stability. Think of how proud you’ll be years from now when you see the growth, not only in your finances, but also in yourself, because you faced uncertainty and conquered your fear. 

For more information about getting started with investing, call Rau Financial group at (337) 480-3835.  

Investment advice offered through GWM Advisors, dba Rau Financial Group, a registered investment advisor. GWM Advisors and Rau Financial Group are separate entities from LPL Financial. To begin planning for your financial future, visit or call 337-480-3835.

Posted by: Kristy Armand | Submit comment | Tell a friend

Categories: Finances

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