Many of us venture on different investment schemes which unfortunately we do not have the basic knowledge.
Some people venture on restaurant business thinking it's simple only to find out later after some 5 , 6 and even 7 digit losses that it's not that easy.
Some opt to franchise a food cart business or an outlet for dry goods or meat products, because a friend is into the said business but after some months of hard starts, miserably fails to achieve the desired rate of return to their investments.
Another group puts particular interest on Stocks Investing. Motivation comes from mere image build up to serious investing plans.
In all of the above, the key factor one must have is proper education and coaching.
You cannot dive into the pool of investment regardless of what business line it is unless you particularly know how to swim in the said pool. Note, even those who are well versed even drown! So get yourself the needed financial education.
Our company: IMG - International Marketing Group, provides seminars that helps people learn proper saving and investing.
Having said that, I hope you could go back to my previous logs on proper wealth building practices, and financial planning.
As to Stocks investing, get a coach. Diversify. Put some on Mutual Funds which is investing in stocks made easy (as this is like getting an expert do the investing for you). Try Citiseconline and practice investing. Do not invest big time until you get the knack of it.
Two ways you can never fail in Stocks Investing: Money Cost Averaging for beginners, and Trading for those who has the facility and time to monitor market movements. But I would like to warn you, Trading on Stocks is not for the faint of heart!
Would appreciate your comments and suggestions.
Send me a note to my email : richbenj.santiago@gmail.com
God bless!
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