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What can we do to minimize our costs of investing?

What can we do to minimize our costs of investing?
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Answer #1

To minimize the Cost of Investing one should follow below steps:
-   Draw a personal financial roadmap.
-   Evaluate your comfort zone in taking on risk.
-   Consider an appropriate mix of investments.
-   Be careful if investing heavily in shares of employer’s stock or any individual stock.
-   Create and maintain an emergency fund.
-   Consider dollar cost averaging.
-   Take advantage of “free money” from employer.
-   Consider rebalancing portfolio occasionally.
-   Avoid circumstances that can lead to fraud.

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