1.You reap what you sow: Learn more about the finance world, continue to increase your
knowledge and become a competent expert. We cannot give you an example of
anyone who became a millionaire just investing into the bank deposit. Different
assets can be useful in different circumstances and times. Therefore, take time
to explore all possible options.
2.Put trust in professionals: If you cannot be involved into investment activity for some
reasons, you can entrust this task to a professional manager. Nevertheless,
even in this case, it is important for you to know the basics of money
management in order to find a competent manager.
3.Protect your investment against market risks. Even a very aggressive portfolio
should be carefully controlled and revised from time to time. You should have
at least +50% of the alternative assets to replace those, which for some
reason, you find unreliable. An investor shall not expect high profits out of
nothing; make a thorough investment plan, think about risk and try to avoid
losses, after that you can think how to make big money.
No comments:
Post a Comment