How do I choose the best way to invest my money?

The best way to invest your money is the way that works best for you. To figure that out, you'll want to consider your investing style, your budget, and your risk tolerance. Identify your investing style. Determine your budget for investing. Assess your risk tolerance. 1. Your style How much time do you want to put into investing your money?

Is investing a good way to grow your money?

When done responsibly, investing can be a great way to grow your money. It comes with risk — which varies based on the investments you choose — but it can also help your savings keep pace with inflation. Different kinds of investments are accessible to virtually anyone regardless of age, income, risk tolerance, or career.

How do I start investing?

Identify your financial goal and when you want to achieve that goal. Decide if you want to manage your money yourself or work with a service that does it for you. Pick the type of investment account you'll use. Open an account. Choose your investments. Here’s how to put your cash to work right away. » Ready to actually pick investments?