A Savvy Investor's Guide to New Year's Resolutions


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By Emily Smykal for KapitallWire

Only 8% of people stick to their New Year's resolutions? Maybe it's time for other ways to invest in 2014.

I don't know about you, but at Kapitall we like to make resolutions. Never mind that only about 8% of those who make them actually stick with their new habits once the holiday fury wears off – it's all about the process.

The association between a new year and an opportunity for self-improvement is hardly new, it actually dates back to Ancient Babylon. However these ancient resolutions looked very different than ours. Often they were sanctified by a holy oath to the gods, and generally they were small, tangible goals such as paying back a small debt.

Needless to say, the Babylonians usually weren't left with a unused gym membership once March rolled around, and were (probably) much better at sticking with promises for the New Year.

So in case any fellow investors are looking for a more tangible resolution in 2014 – it's always good to think about what you're doing with your money. Unlike losing weight or being a better person, this is something you can start and finish on day one.

And with many analysts projecting that stocks will yield better returns in an improving economy compared to bonds or currency, it couldn't hurt to fatten your portfolio, while everyone else is worrying about their waistlines.

Will your New Year's resolution include some new investments? Use our infographic below to help you get started.

Created by Kapitall.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Economy
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