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It is possible to make good money tremendously with trading forex, stocks, and even alternative investments linked to wine and land. However, it must be noted that money (your savings) can be lost to scams, fraud, inexperience, emotions and stupidity. One good reason that with all the knowlegde that i have and i am still not rich or a millionaire is probably due to stupidity and inexperience. Profits need discipline to lock in and earning should be done in modesty. It is not the knowlegde that counts, it is the experience. Let us all make a living out of trading and learn to earn ourselves the luxury that we all deserves, just because we dare try.

Apr 10, 2008

Determining Where You Will Invest

There are several different types of investments, and there are many factors in determining where you should invest your funds.

Of course, determining where you will invest begins with researching the various available types of investments, determining your risk tolerance, and determining your investment style – along with your financial goals.

If you were going to purchase a new car, you would do quite a bit of research before making a final decision and a purchase. You would never consider purchasing a car that you had not fully looked over and taken for a test drive. Investing works much the same way.
You will of course learn as much about the investment as possible, and you would want to see how past investors have done as well. It’s common sense!

Learning about the stock market and investments takes a lot of time… but it is time well spent. There are numerous books and websites on the topic, and you can even take college level courses on the topic – which is what stock brokers do. With access to the Internet, you can actually play the stock market – with fake money – to get a feel for how it works.
You can make pretend investments, and see how they do. Do a search with any search engine for ‘Stock Market Games’ or ‘Stock Market Simulations.’ This is a great way to start learning about investing in the stock market.


Finally, speak to someone you trust. Not just your finiacial planner whose only aim is to sell you stupid insurance scheme that rips you off to feed themselves.

Speak and get advice from people from as many walks of life as you possibly can find.

It is best to hear from all types of people and gather all views.
you will nv know someone actually lost in certain investments.

1 comment:

Anonymous said...

sometimes it depends on how much you have and how desperate a person is

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