Investing For Beginners
Making your first investment is a thrilling experience. But it's by no means an easy thing to do, not if you have a small capital, few connections, little to no experience, and high hopes. Here are a few simple investing for beginners tips, presented as DO's and DON'Ts.
1.Do determine your expectations, goals, and needs before committing yourself to any investment.
2.Don't buy only when the financial markets are doing well, and don't sell only when they are going down everyone does this already.
3.Do tuck away a nice sum for emergencies like great unexpected investment opportunities or periods when the returns are low.
4.Don't put all your money in one investment only but build a diversified portfolio, one that encompasses many sectors and regions.
5.Do put your money in local as well as foreign investments, choosing both short-term and long-term projects.
6.Don't shun investment funds, especially those that focus on ambitious foreign projects, but make sure that you pick an established fund with a good reputation.
7.Do prefer long-term investments that bring moderate returns and carry few risks to short-term investments that promise huge gains but carry high risks.
8.Don't ignore alternative investments in contemporary art, fine wine, renewable energy, artefacts, bamboo, and other lesser-known commodities, as these can further diversify your portfolio.
Best Investments for 2018 - Investment Opportunities Available Online
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