HOW TO INVEST WISELY

Investment could simply be seen as sowing a financial seed to be harvested sometime in the future. Its like planting a maize seed now, then water it and cater for it as it grows, after some specific periods, it germinates, grows and then comes the time of harvest and you could actually reap hundreds or thousands of corn seeds. The same goes with financial investment. You put in some money aside now into a particular portfolio; this portfolio could be Bonds, Shares, Forex, Real Estate, Metals, et cetera. After investing your money into it, you watch carefully as it matures and after maturity you get your interests or dividends as the case maybe.

Investing is not as easy as it is widely claimed, that is why you must take time to learn about it. It’s like wanting to be a medical doctor, so you study for some years and satisfy your faculties and get certified. We could learn from the likes of Warren Buffet and his mentor. They didn’t wake up one day and became authorities in investment. Buffet came this far because he has put in a lot of time to study and practice. And I advice you do the same. I am going to share some few investment tips here but the greater work is for you to do your personal research and study:
• Don’t invest the money you need for your daily living
• Don’t invest in a business or sector you know nothing about
• Don’t invest out of ear or greed
• Don’t be to hasty to invest without careful analysis
• Don’t invest in a business because your friend invested and made money from it
• Don’t invest to show off
• Don’t be afraid to start investing
• Don’t invest without having a take profit and stop loss pints in place
• Don invest more than 10% of your total equity into a single fund
• Try to maintain a balance portfolio; low risks, medium risks and high risks.
• If investment is something you want to really go into, then choose a mentor for personal guidance
• From time to time, review your portfolio and make adjustments.

I could go on and on but will put a pause here and continue some other time. Enjoy!