35% of Americans have less than $1000 saved up for retirement. Without retirement savings, many people are forced to work longer and harder hours. Utilizing investment strategies is one solution to this growing problem.

Investing takes your hard money and puts into businesses and projects. If those projects perform well you then get a certain percentage of the revenue. However, those businesses perform poorly you can lose your money as well.

This is what makes investing risky. However, with a lot of research and study, you can find quality long-term investments that put your money to work for you.

Here are 5 of the best long-term investments.

1. Diversify Your Stocks

We’ve all heard those stories of people who made it big in the stock market. However, for every one of those stories, there is also someone that didn’t do as well.

The secret to not losing a lot of money in the stock market is to diversify your options. That way if one stock goes down, you don’t have to worry about putting all your eggs in that basket.

Index stocks are a good example of this. They combine large portfolios of stocks from many different companies.

2. Invest Discretionary Income

Investing seems small at first, like just water drops in a giant bucket. However, investing a couple of dollars a week can quickly add up.

Instead of buying that cup of coffee every day invest the $3 to $5 in something that will actually make money.

3. Start Early On

The secret many financial advisors are giving is to start as young as you can. When you start young, you give your money the chance to grow extremely well.

Investing returns are an exponential graph. That means the longer you can keep your money in high performing portfolios the more money you can make.

4. Find Low-Cost Funds

Some stocks will charge you fees. High charges can take a chunk out of your profits and make saving up for retirement difficult.

Look for stocks that don’t have high fees and that perform well. There are a lot of different types of software, like Ichimoku cloud trading, you can use to track stocks and choose the best options.

5. Employee Match Your 401K

When you work for a company they often have a clause that says that they will match whatever amount you put into your 401K. This is free money that you can and should be taking advantage of.

Nothing in investing is guaranteed so utilizing your companies policies is a smart choice. If you’re an independent contractor you should look into tax deduction strategies to save more money, and then invest it.

Discover More Investment Strategies

When people talk about investment strategies they often only think about stock markets and mutual funds. However, there are many ways that you can invest your money.

Real estate is one of those ways. Here are 7 secrets to flipping houses and making money. Do you have any money saving tips or investment strategies? Let us know in the comments! We can’t wait to hear from you.