Are you looking to invest for the long term or will you need your funds within the next few years?
Before you open an account and begin comparing your investment options, you should first consider your overarching goals. Are you looking to invest for the long term or will you need your funds within the next few years? Do you want your portfolio to generate income or are you more focused on growth? Knowing the answer to questions like these will narrow down the number of investment options available and simplify the investing process.