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. Right? 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! So, why not come on workshops that spell it all out for you and provide you successful, tried & tested strategies to apply for each type of investment?
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.
Other types of investments – outside of the stock market – do not have simulators. You must learn about those types of investments the hard way – by reading. Alternatively, wouldn’t you benefit from workshops presented by people with a collective trading experience of over 40 years? By doing workshops with people that trade the market daily and have 20 years experience of helping people to make money on the stock markets wouldn’t you jumpstart your investment career?
As a potential investor, you should read anything you can get your hands on about investing…but start with the beginning investment books and websites first. Otherwise, you will quickly find that you are lost. A complete equity investment workshop is available in the reference section below that covers your practical and theoretical needs to get you started and make you successful!
Finally, speak with a financial planner. Tell them your goals, and ask them for their suggestions – this is what they do! A good financial planner can easily help you determine where to invest your funds, and help you set up a plan to reach all of your financial goals. Many will even teach you about investing along the way – make sure you pay attention to what they are telling you!
References:
Trader’s Bookstore
Top Ten Selling books for beginners and advanced investors & online traders
Stock Market Workshops
Complete Equity Stock Market Package – includes charting software & four in-depth workshops
Advanced Trading for Profits with Short Term Trading Workshop
Brought to by http://www.tradingmoneytree.com/ Investment Workshops, Cashflow 101 Club, books & more
Financial & Investment Workshops, ebooks & financial freedom @ www.newsweek.co.za
Thursday, July 10, 2008
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