Is everything you need to know about investing right?

Whatever you want to invest in—whether on stocks, mutual funds, annuity, or an IRA account—never plunge into it without having all essential questions answered. The government reminds every investor that every investment draws some risks at some degree. No matter how seasoned you are as an investor, there are ‘fine prints’ to consider when making a wise investment decision. For all you know, the things you might have picked up in the past may lead you to financial catastrophe today.

With this in mind, Forbes presents three rules that investors—even high-profile ones like Alex von Furstenberg and Jeremy Stoppelman—can benefit from.

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Rule # 1
Familiarize yourself with dollar-cost averaging. It emphasizes on the importance of periodic allocation of a certain amount of money into stock investments rather than investing it all at once, which has a lot of risks.

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Rule # 2
As you come close to retirement age, take it easy on aggressive investing. Moderation is the key as you would want to protect your assets.

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Rule # 3
Know that choosing a high-performing mutual fund in implementing your asset allocation makes sense since top raters tend to stay in control of the things they do best.

Don’t just take this advice as it is. Seek more answers from various resources. Understand that at the end of the day, the important things are those that make you comfortable and those that work best for you.

Alex von Furstenberg is the chief investment officer and founder of Ranger Global Advisors, a family office focused on opportunistic value-based investing. Learn more about investing by logging on to this Facebook page.