Wondering if it's time to get back into the stock market? - WDAM.COM - TV 7 - News, Weather and Sports

Wondering if it's time to get back into the stock market?

Americans have been hesitant to invest in the stock market since the recession hit, but the recent peak may have you wondering if it's time to reinvest. Here's my advice for both younger and older investors.

Making investment decisions based on fear is not a good strategy. If you're young, you're going to get the most bang for your buck from stocks, and should have plenty of time to ride out fluctuations in the market.

Now, older investors -- you need a diversified portfolio across different asset classes. Working with a financial advisor can help remove nerves from the equation. Just remember, before you hire an advisor, verify his or her credibility at  http://brokercheck.finra.org.

 

For more of my tips on investing, click here.

 

See you soon,

Nathan Bachrach

Money Expert