top of page

5 Ways to Quick Start an Investment Plan

  • Writer: Dan Romaine, CFP®, AIF®, ChFC®
    Dan Romaine, CFP®, AIF®, ChFC®
  • Jun 20, 2019
  • 1 min read

Updated: Nov 12, 2019



Here are our 5 ways to quick start an Investment plan... because starting is your biggest hurdle.

1. Commit. Admit it, you’ve been stuck starting-Don’t waste time doing budgets. Take 10% of your take home pay and commit to it. You have to save first and spend what’s left.


2. Find a good #MutualFund. If this is long term savings a well rated large cap fund should do. Don’t over complicate.


3. Automate. Arrange with the fund to automatically have the funds withdrawn a day or so after your paycheck goes in. Lose the temptation.


4. Be consistent. Don’t change your amount for at least a year.

5. Don’t look at your statement too much-that can derail you in more ways than one. But if you do, remember, your goal is accumulating shares of the mutual fund not worrying about today’s value- that will take care of itself!


You won’t like it for a month or two, you’ll get used to it in month 3 and 4 and within a year you will be addicted to saving.

Bình luận


Bình luận về bài đăng này không còn nữa. Hãy liên hệ chủ trang web để biết thêm thông tin.
bottom of page