There are countless books, articles and guidelines that provide advice on how to save and invest wisely. But not as many point out the signs that indicate you’re already doing well with your investments.

Assess Your Risk Tolerance

Knowing how much risk you can tolerate is a critical component of making smart investment decisions. It will help you choose investments that fit your comfort level and financial circumstances. For instance, if you are uncomfortable watching your money drop in value, you might prefer less volatile options such as bonds. On the other hand, if you are comfortable with market fluctuations, you might enjoy the potential for higher growth that comes with more aggressive choices.

Rebalance Your Portfolio

Making Smart Investment Decisions shifting funds between asset categories—stocks, bonds and cash—is a key part of smart investing. By selling some “winners” and buying more of the “losers,” you can minimize volatility in your portfolio and potentially maximize your long-term returns.

Invest in Your Team

A quality workforce is the cornerstone of any business. By investing in employee training and development, you can help ensure your business is able to compete in an ever-changing marketplace and deliver on customer expectations.

It may be tempting to seek out get-rich-quick schemes that promise massive wealth in a short period of time, but savvy investors understand the importance of consistency and patience. By focusing on building lasting wealth over the long term, you can reduce your exposure to risks and make more informed financial decisions.