Wednesday, July 19, 2006

Investor: Knowing Ourselves and Limits

First and fermost, New investor should never invest money that they cannot afford to lose.
We cannot blame an investment for loosing money becuase all investments have its own risk.

Bear in mind, there many type of products/investment available. Investments do not always make quick bucks. Its by nature will grow and drop in value.

Buying and selling investments by emotions is not a good strategy in addition it's a financial SUICIDE.
Smart investors know that investing is not about timing the market but It's about time in the Market.

Then, as a new investor. Whatshould we do?..

First, you should know how much money that you afford to lose (Dare to fail's money) and what is your specific goals and objective.

2nd, Do your own study and research, research, research. There are more than 10,000 , 15,000 mutual funds and stock issues specifically available worldwide.

3rd, Then from the 1st and 2nd steps, you will know what kind of investments are most suitable for you to invest in. do not put all your eggs in one basket, Diversify it.

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