Thursday, 10 May 2018

Dr. Leslie Griesdorf: Are You Ready to Invest?

Dr. Leslie Griesdorf is a retired dentist who earned a reputation for his trustworthy, friendly demeanor over nearly four decades of practice. Today, he’s enjoying semi-retirement as an investment professional and, since 2004, he’s steadily increased his understanding of the stock market.

Investing is a big step, even for retired professionals like Dr. Leslie Griesdorf, and it’s critical to begin at the right time. The following points will help you determine if you’re ready to invest or if you still have some preparing to do:
  • Are You in Debt? If you have credit card debt, or another high-interest debt account that needs to be paid off, you’re not ready to invest. Take care of your debts and then worry about investing to grow your finances as quickly as possible.  
  • Do You Have Savings? If you don’t have savings to fall back on in hard times, you’re not ready to invest. Most successful investors keep an emergency savings account to protect them from unforeseen issues in addition to the money they place into investments.
For a deeper look at your personal wealth situation, consult with someone like dentist Leslie Griesdorf from your close circle of friends or contact a financial advisor today. Sometimes an outside opinion can help you see something you’re missing.