The kind of hedge I’m talking about is actually a financial term (who knew, right? I’m mostly kidding, of course – you’ve likely at least heard the term.)

Imagine you’re betting on a soccer game. You’re pretty sure Team A is going to win, so you bet $100 on them. But there’s always a chance they might not win, and you could lose your money.

So, to be on the safe side, you also bet $30 on Team B winning or the match ending in a draw. That way, even if Team A doesn’t win, you’ll win the smaller bet and won’t lose all your money.

Hedging in investing works similarly. You invest money where you think it will grow, but also put some money into a safer spot to protect yourself from loss.

Granted, hedging is an advanced strategy and might not apply to your investment plan, but it’s still worth learning about as an approach.

There are all kinds of different strategies and markets to invest in! Fortunately, we can advise you on the right investing approach for you.

Call us at 330-836-7800 or >>click here<< to book a spot on my calendar to discuss your options.