There are people thinking that investment is a good idea for future’s life preparation. Some people believes that investing can be successful if you use some equations and philosophy. Other people are afraid of investing. What kind of person are you in terms of investing?
In this article, I will show you the truth about investment. Maybe you are planning to invest soon. But before you go investing, read this article and remember this throughout your investing life.
This article is not made to discourage you nor encourage you to do investing but to give you some guide before you begin. Read this article from the beginning until the end.
So, let’s start this.
Always think that no one can see the future. You can not use paranormal experts or prophet to see what will happen to your investment a year after you started. The important thing here is you have a discipline while doing investment. Do not rely on your feelings and emotion. Do some research because the future of investment cannot be foreseen.
Another truth about investment is not all the stocks you pick can give you profit. There are lots of investor believes that if the company is a huge company, it can give you a huge profit. Well not all the time. As an investor, you have to consider some factors affecting your investment. Maybe economic conditions and political issues can affect your investment. Be smart enough in picking up your Stocks. Do not forget to use indicators as for me they are the best prophet in stock investment.
Do you believe in experts? If you are going to ask me if I believe, yes I am. As a beginner, it is not wrong to believe on experts advises. But one thing is true about investing, you can be successful if you do your home work. Do not rely on their advises. You have to make your own through the help of researching and studying the market condition. You can be a superhero investor. Yes it is possible if you strive hard for it. Experts can help you but they cannot lift you one hundred percent because you have different situation in life as an investor. You can be the next Warren Buffett of your time if you pursue it.
Another truth about investment is that the fee can hit you hard. As an investor, you need to know how to calculate your investment versus your fees. Do not ignore fees as it can drag your profit down. Always ask your broker about fees and how to calculate it. It will lead to your disappointment because you are expecting high returns of investment but at the end of the day or year, you receive what you don’t expected. Be smart in terms of fee.
Win or lose, these are the two destinations of your investment. Do not fear about this two opposite words. Before you invest, setup your self about losses. Identify first how much is your willing to risk. Do not put all of your money in investment. Just a part of it. If you are afraid to lose, then do not invest. Read some articles that can give you courage to do investing then start your investment.
The Bottom Line
Those are the truth about investing. The goal of this article is to inform you that investing is not a toy that you can play and leave if you want. This is the real battle of your future life. Always remember that if you win this battle, you will have a better life far from your life today. But if you lose, do not stop. Look for things that can make you stronger and start again. Investing is a good thing at the end of the day. Do it wisely and avoid rushing. I hope someday you will remember this article that tells you how to know the truth about investing.
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