Building your portfolio

ONE OF the wealthiest investors in the world – Warren Buffett’s first rule of investing is: ‘Never lose money’ and his second rule was famously ‘Don’t forget rule No. 1’. This is very important for those who are interested in learning to save and invest. It pays to find investments that will preserve your capital. Sometimes we are lured by the investments with the largest returns, but make certain you ask the right questions about the safety of your investments. If you want stable income with minimum fluctuations, check out the fixed-income options available. There are 90-day and 180-day investment options available and new innovative offerings. Just ask, you may be surprised at how attractive these offerings are with the added bonus of having competitive rates to help you to know exactly how much you will earn and when. Take advantage of the very attractive rates available on short-term investments.

INVESTMENT OPTIONS

In addition to short-term fixed-income options, there are lots of US-denominated bonds that can serve your needs very well. Most of our bond offerings have yields in excess of six per cent on USdenominated investments. You may also invest in a special mutual fund designed for specific objectives like retirement or funding an educational goal. This is a long term option which has delivered an annual growth rate of 12.6 per cent over 14 years. There are several investment options available to assist you in building a well-diversified portfolio. Speak to a financial adviser and build your portfolio to aid your cash flow and preserve your principal.

Sterling provides financial advice and instruments in US dollars and other hard currencies to the corporate, individual, and institutional investor. Visit our website at www.sterling.com.jm. Feedback: If you wish to have Sterling address your investment questions in upcoming articles, email us at info@sterlingasset.net.jm.

TONI-ANN NEITA ASSISTANT PERSONAL FINANCIAL PLANNING STERLING ASSET MANAGEMENT