Products to Consider for Long-Term Investment

Investment
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Kenton Kilmer is a New York-based asset management and financial consulting expert who specializes in valuation analysis and real assets. As vice president of Young America Capital, Kenton Kilmer provides a variety of financial advisory services for alternative investment funds. He has extensive experience in long-term investments, a strategy for investors with broad time horizons and a steady disposition.

There are many good products for long-term investment, one of them being high-dividend stocks. These stocks frequently offer yields that are higher than most fixed-income investments. They also have the advantage of potential capital appreciation. Taking both of those factors into account, they are one of the best long-term investments available.

Aggressive mutual funds are also popular for long-term investment strategies. Because the time frame is long, there are more opportunities for the funds to fluctuate and lead to eventual returns. They’re not for the faint of heart, however, as investors should be prepared to ride through dips in the market.

Another good long-term investment is real estate. It produces returns similar to that of stocks and is a very basic form of investment that’s easily accessible and often easy to leverage.

Four Tips for Successful Long-Term Investing

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Financial representative Kenton Kilmer is the vice president of Young America Capital based in Mamaroneck, New York. Focused on long-term investments opportunities within New York and beyond, Kenton Kilmer advises clients on sticking to their long-term investment plans.

Below are four tips to guide you as you invest for the long term:

-Align your investments with your goals and risk appetite. Every investor has a goal in mind and a timeline within which he or she would like to achieve it. Every investor also has a distinct risk appetite. Similarly, different investments have different risk/return profiles. As an investor, invest in assets that match your risk profile and have a portfolio that is built around your investment goals.

-Don’t sweat volatility and don’t chase hot tips. Investments, especially equities, go through periods of volatility. Do not sell just because the market is down. Historically, the market has successfully overcome downturns. Similarly, do not listen to hot tips or chase hot stocks. For example, many investors who rushed to buy hot internet stocks during the dotcom boom experienced losses when the bubble burst. Develop an investment plan and stick with it.

-Diversify. Spreading your savings across different asset classes minimizes your risk. You can diversify by investing not just in different asset classes, but also different categories within an asset class, different industries, and even different parts of the world.

-Keep contributing. Even a good investment strategy that is not well funded will not return much. Keep contributing to your plan to maximize your overall returns when you finally exit.