Four tips to manage your investments well

Here are four tips to help you manage your investments well over time:

  1. Choose your investments based on when you expect to need the money. Different investment funds are designed to meet different timing needs.
  2. Invest your money in a variety ofasset classes (such as equity funds, bond funds and money market funds) and a variety of asset classes (such as financials, healthcare and technology). This is called diversifying your portfolio and can soften the impact of any major changes in the market.
  3. If you need to withdraw money earlier than planned, take it from an investment that does not give a penalty for early withdrawal.
  4. Review your investments regularly, especially if you experience a major life change, and make adjustments that reflect your changing life goals.

If you need assistance applying these tips to your situation, speak to a financial advisor.