As you go on the process of investing, you may commit a few mistakes. There are big mistakes, however, that you should completely avoid if you want to be a successful investor. For example, the biggest mistake that you could ever make is not investing at all, or putting off investing until later. Let your [...]
May 28, 2008 | By: admin | 1 Comment
Before you invest, you should first make a vivid picture of what you plan to do with the profits. Setting a goal allows you to motivate yourself and endure serious emotional or financial backlashes, as it provides more conviction for you to continue.
Whether your goal is a long term or a short term, it has [...]
May 25, 2008 | By: admin | No Comments
Novice investors have the impression that the more money they invest, the more they would earn. This would incite some to invest all their savings, and in some ways they could prove to be right. Such acts, however, could also become their undoing. With luck, a novice investor may end up with double their investment, [...]
May 20, 2008 | By: admin | 1 Comment
There are different kinds of investment that you can choose from. In fact, you may find these choices confusing especially if you are a novice investor. So to simplify things, we group them into mainly cash, bonds, and stocks. Choosing these three types of investment are influenced by the amount of risk tolerance you have, [...]
May 15, 2008 | By: admin | 1 Comment
If you are not yet sure of yourself with regards to trading in the stock market, you should first try investing in other types of market that has lower risk and lower profits. How would you do these?
Start by investing your liquid assets. A savings account in a bank is a great way to begin [...]
May 04, 2008 | By: admin | No Comments