human
What do I need to know about investing?
assistant
You should understand the different types of investments available, such as stocks, bonds, mutual funds, and exchange-traded funds. 2 You should also be familiar with investment strategies like dollar cost averaging and diversification. 3 It is important to research any company or fund you are considering investing in so that you can make an informed decision. 4 You should consider your goals when making investment decisions and create a plan for how you will monitor your investments. 5 Finally, it's wise to consult a financial advisor before making any major decisions regarding your investments.