Tips for simplifying investment planning

1. Remember knowledge is power, compound growth, debt management, dollar cost averaging, index investing, IPOS, leveraging, market timing, mutual funds, the rule of 72 and systematic withdrawal plans.
2. Avoid actively managed mutual funds
3. Do not try to time the market
4. Choose your advisor carefully
5. Start investing early
6. Invest regularly
7. Look continually for higher returns
8. Diversity your investment
9. Pay as little tax as possible
10. Prepare a plan and stick with it.