Take this quiz to find out how much you really know about the stock market and if you're ready to start investing.
How did you do?
70-100% - You're an expert! Great job! You know the important basics to investing in the stock market. If you want to keep learning, be sure to continue reading Wela's blog and talk with one of our financial advisors.
30-69% - You're on your way. You have an idea of how the stock market works, but you've still got some things to learn. Work with one of our financial advisors at Wela to learn more and even get started investing.
0-29% -Time to hit the books. The stock market is not the easiest thing to understand, but we're here to help you! Visit our blog to read more about the basics of the stock market and learn other important investing basics. You can also work with one of our financial advisors if you need a helping hand with your portfolio.
It's definitely possible to make money investing in the stock market but it's also possible to lose very quickly if you don't know what you're doing. Once you understand how the market operates, you’ll have the right foundation to build your portfolio. Keep in mind that investing is a long-term game. Successful investors have a strategy to withstand most market conditions that they can stick with through the good and the bad. Resist the urge to react to short-term events and don't abandon your long-term goals. It's all about time in the market, not timing the market, that makes for successful investing.
So, build your portfolio for longer-term goals, and talk with one of our financial advisors to learn how Wela can help you. Check out these articles to learn more about investing: 7 Smart Ways To Get Started Investing, How To NOT Get Started Investing, Why You Should "Own Your Age" In Your Investment Portfolio
Disclosure: This information is provided to you as a resource for informational purposes only. It is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal. This information is not intended to, and should not, form a primary basis for any investment decision that you may make. Always consult your own legal, tax or investment advisor before making any investment/tax/estate/financial planning considerations or decisions.