7 Habits of Highly Effective Investors

Not all Latin Americans are falling short in meeting their desired financial goals. There is a group of Highly Effective Investors who are taking the steps required to prepare for a financially secure future. They live within their means, manage their spending, limit their debt and make a greater commitment to growing their savings and investments.

1. Regularly review finances

Regularly review finances

They spend more time reviewing and monitoring their savings and investments on a monthly basis.


2. Spend time to get informed

Spend time to get informed

They are more likely to regularly read financial newspapers or magazines and make the most of financial blogs and investment websites.


3. Seek financial advice

Seek financial advice

They are almost twice as likely to use financial professionals as important partners to help them make the right investment decisions.


4. Manage debt

Manage debt

They are more likely to minimize debt. They are almost twice as likely to own their home outright, having paid off their mortgage.


5. Prioritize saving for retirement

Prioritize saving for retirement

They put the right emphasis on retirement, taking the initiative to save through a variety of means including their own personal savings and private pension plans amassing larger retirement savings.


6. Diversify portfolios

Diversify portfolios

They don't just fall back on cash, rather, they own a broader range of investments. They are more likely to own stocks and twice as likely to own bonds.


7. Plan for big moments

Plan for big moments

While life happensgetting married, buying a home, starting a family, or facing setbacksthey get ahead of the curve and take steps to plan for big life events.


The habits of Highly Effective Investors are helping them better manage their busy lives and financial priorities. Learn from them, as they are active learners who invest the time to manage their money and build their financial knowledge. Take steps to keep ahead of the curve and form the best habits.

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Investing involves risk including loss of principal. The opinions presented are those of Kate Moore, Chief Equity Strategist, as of September 9th, 2016 and may change as subsequent conditions vary. Individual portfolio managers for BlackRock may have opinions and/or made investment decisions that may, in certain respects, not be consistent with the information contained in this presentation. This is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The information and opinions contained in this presentation are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable, are not necessarily all inclusive and are not guaranteed as to accuracy. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the viewer.

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