Saturday, July 25, 2020

Investing Principles for Beginners

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Some of you reader are already active investors while others hope eventually to begin an investment plan.
This text is to help you understand the nature of the securities market and invest vestment opportunities. It does not
offer a get-rich-quick type of approach. Investing effectively and properly is rarely easy and simple.

            Before you jump right in, it is better to not only find out more about investing and how it all works, but also
to determine what your goals are. What do you hope to achieve with your investments? Will you be funding a college?
education? Buying a home? Retiring? Before you invest a single penny, really think about what you hope to achieve
with that investment. Knowing what your goal is will help you make smarter investment decisions along the way!

            I would advise anyone who is about to put their money into the stock market understand one main thing,
you can make money, a lot if you do your due diligence and follow some time-tested principles but you can also
lose all your money and principle investment. That is why it is so important to strongly consider talking to a financial
planner before making any investments. Your financial planner can help you determine what type of investing you
might want to do to reach the financial goals that you have set. He or she can give you realistic information as to what
kind of returns you can expect and how long it will take to reach your specific goals.


             Investing requires more than calling a broker and telling them that you want to buy stocks or bonds. It
takes a certain amount of research and knowledge about the market if you hope to invest successfully.

Here are just few well known Broker that can offer you help and guidance.

: www.vanguard.com
: https://privatebank.jpmorgan.com
: www.TD Ameridrade
: Us.etrade.com

            These are just four the list goes on; I suggest you make a list of goal that you want to accomplish and then and then a list after talking with a few broker decide on a strategy to approach to attack. you may even want to take the do-it yourself approach like so now many others are taking days. if that is the case be prepared.

                                                      Avoid these mistakes as best as you can.

            Along the way, you may make a few investing mistakes, however there are big mistakes that you absolutely must avoid if you are to be a successful investor. For instance, the biggest investing mistake that you could ever make is to not invest at all, or to put off investing until later. Make your money work for you – even if all you can spare is $20 a week to invest! I personally believe that to have a winning strategy one must purge their mind of fear and root themself in the present moment because fear isn't real, it is an emotion to something that may or may not happen, fear itself cannot kill you. now that being said. the other old saying goes when you see the streets running red with their blood it's time to buy. there are two things for sure, the market is volatile, and the stock thrives on emotions.

                                                     Essential to succeed

            While not investing at all or putting off investing until later are big mistakes, investing before you are in the financial position to do so is another big mistake. Get your current financial situation in order first, and then start investing. Get your credit cleaned up, pay off high interest loans and credit cards, and put at least three months of living expenses in savings. Once this is done, you are ready to start letting your money work for you.

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                                              PAITENCE, PAITENCE, PAITENCE.

            Don’t invest to get rich quick. That is the riskiest type of investing that there is, and you will more than likely lose. If it was easy, everyone would be doing it! Instead, invest for the long term, and have the patience to weather the storms and allow your money to grow. Only invest for the short term when you know you will need the money in a short amount of time, and then stick with safe investments, such as certificates of deposit.

Don’t put all of your eggs into one basket. Scatter it around various types of investments for the best returns. Also, don’t move your money around too much. Let it ride. Pick your investments carefully, invest your money, and allow it to grow – do not panic if the stock drops a few dollars. If the stock is a stable stock, it will go back up.


                                                         CONCLUSION

A common mistake that a lot of people make is thinking that their investments in collectibles will really pay off. Again, if this were true, everyone would do it. Don’t count on your Coke collection or your book collection to pay for your retirement years! Count on investments made with cold hard cash instead.


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