My biggest financial mistake was not investing in my first 401(k) - Business Insider

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I passed up my first 401(k) because investing wasn't important to me in my 20s — and it was a big mistake. Presented by Fidelity MasterYourMoney

trades like a common stock on a stock exchange — experiencing price changes throughout the day as they are bought and sold. Most ETFs don't try to outperform their corresponding index, but simply attempt to replicate its performance.If you don't feel comfortable figuring out your strategy alone, tap someone to help. This can be a family member, friend, or a

who can help you look at the big picture. Your strategy will comprise the right investment mix for you. To get the most out of this discussion, go into it knowing the terms below.Like the saying goes: "Don't put all your eggs in one basket." Well, asset allocation is just that: putting your money into a combination of investment types — like stocks and bonds — to help spread out the risk.

 

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