RAPID CITY, S.D. ( KOTA TV ) What are some things you can do with your money right now in the early stages 2017 to help you reach financial security?
When it comes to investments, make sure you are diversified. Do not put all of your money into stocks or bonds.
Make sure there is a nice balance. The younger you are the more you want going into equities. The older you are, a little bit less.
Before that, make sure your 401K, IRA's and retirement planned deductions are maximized.
It is the one thing that you can do to help yourself both tax wise and in the future to be sure that you will be okay.
"Right now is a great time to go to your employer or hr division and check what is being withheld for your 401ks and ira's or 43b's to make sure that you are maximizing those deductions." Rick Kahler said. "Diversification is a real important concept that a lot of people struggle with."