Your 2022 Pre-Investing Checklist

Now that 2021 is coming to a close, it is time to start thinking about 2022. More specifically, how you are going to jumpstart your investments this coming year. Whether you are a newbie or a seasoned investor, we want to help you. So, we have compiled a checklist of everything you need to do in order to be ready for another year of investing. Without further ado, here is your ultimate pre-investing checklist for 2022.


Determine Your Values & Goals

At first, this might sound self-explanatory and redundant. However, this is one of the most important steps in deciding where to put your money. You need to have a clear idea of the values you want to share with a company. Do you want your investments to support human rights, the environment, peace, etc.? Additionally, you need to discover what your financial goals are when it comes to your investments. 

If you are anything like us, you have a lot of values. This is why it can be helpful to write down a list of your values and a separate list of your goals. However, if you do have a long list, it might be difficult to find companies that share all the same values. So, if you wish, you can shorten both lists. There are many different ways to determine your values and goals, this will just help to sort them out and organize your thoughts.


Consider & Research Types of Investments

With investing, there does come a considerable amount of risk. However, there are certain types of investments where the risk is slightly minimized. This is why it is important to research strategies and types of investments in order to thoroughly understand the risk behind each. Additionally, this is where you should determine how resilient you are against financial risk. This will help you decide where you should put your money and keep you financially safe.

There are many different investment account options out there, from IRA’s to mutual funds, micro-investing, and major stock market stalking. If you are a seasoned investor, you are probably very familiar with these types of investment accounts. If you are new to investing, it is best to look into these different types of investment accounts. If you are looking to get into the stock market, you should write down goals to begin understanding its conditions.

No matter what your starting point is, there is always something to learn when it comes to investing. Luckily for you, we happen to have a ton of blog posts dedicated to helping you understand investing. Once you’ve done your research and understand the ins and outs, you can move on to the next step.


Determine Your Starting Amount

Everyone’s investment journey is different, especially when it comes to this step. This is something that is bound to fluctuate over the years, so here is your reminder to determine how much you are willing to invest throughout 2022. For new investors, this part of the process is not so fun. We get it. You have spent all of this time saving up money and not it feels like you are losing it because there is no instant gratification.

However, choosing to invest is not the same as choosing to make a purchase. Investing is for the long run. Yes, there is going to be some risk involved, but in most cases, you have a say in how much risk you want to take on. For most investment accounts, you will need to have a reasonable amount of cash ready to play with. Now the exact numerical value is dependent on a lot of factors, so we won’t give you a magic number to meet.


“Match” With a Management Company

This is the fun part because it is kind of like dating. You know what you value, what you want your financial future to look like, you are prepared to make the leap, and now you are looking for the right partner to support you and help you grow in the right direction. Although there is no magical formula to finding a management company that works for you, you have the power to choose.

Choosing the right management company typically comes down to a few things. Reputation and creditability, personality and connection, and the ability to clearly communicate how they can help you succeed. You do not want to go into business with the first management company that crosses your path simply because they were the first. Do your own research to find out what investment management company is right for you.


Open Your Investment Account!

Depending on who you choose to work with, this part may take a little while. However, when you find the right company and have completed all the necessary steps, your hard work is done! Now all you have to do is let your money work for you.

This is where we come in. At Invested Interests, we happen to know a thing or two about creating valuable investments. Specifically, impactful and socially responsible investments. We are a company that is dedicated to you and your investment decisions. Whether you are a seasoned pro or a new investor, we would love to be in your corner.


To learn more about us or to get started with our team, click here! And, as always, happy investing!

Ready to Get Started?

Get in touch using the form below or call us at (612) 260-2203.