Invest in at least 50 stocks across various sectors or use index funds for instant diversification. Allocate part of your portfolio to fixed-income assets like bonds to reduce risk and volatility.

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...