Dr. Leslie Griesdorf is the go-to guy among his friends and family when someone’s in need of wealth management or investing advice. In 2004, he retired from three-decades as a dentist and he’s since enjoyed a successful career trading in the stock market.
If you don’t have someone like Dr. Leslie Griesdorf in your life to offer wealth management and investment advice, tips like these can help:
- Save for Retirement
If you’re not saving for retirement, no matter what age you are, you should be. Open a retirement account and start protecting your future today. The sooner you start saving, and the more you save, the better off you’ll be when you’re older. This also serves as a financial cushion and a way to reduce your taxes, if you manage your retirement accounts accordingly.
- Follow a Budget
To manage your wealth, you need to know how much you’re making, how much you’re spending and where your money goes, every month. Following a budget is one of the easiest ways to do this. Create a savings-oriented budget that allows enough wiggle room to enjoy life but doesn’t waste your money, record every expense and don’t go over your budget unless absolutely necessary.
By investing, Dr. Leslie Griesdorf makes his money work for him. Trading stocks and building an investment portfolio will help you grow your wealth steadily and achieve better finance security. If you’re not ready to learn about investing, or if you just don’t have time, hire a financial professional to manage your portfolio for you.