Choose an Investment Plan
Once you've reviewed your investment options, you need to select a plan that will help you meet your financial objectives and needs, the income shortfall (or, if you're lucky, surplus) you project, and specific investments that will fill the income gap.
A Word About Diversification
One way to help manage risk, diversification spreads your dollars across a number of different investments that have varying patterns of risk and return over time. When you diversify, you're less likely to be hurt by the poor performance of a single investment type or be prey to such factors as interest rates, inflation and industry cycles.
