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The richness of
investment
The foremost necessity to indulge in investment is to
cover the unexpected loss and extra liabilities in near
future. Do a detail evaluation of your financial
condition; you are best judge of yourself. Remember
the risky factor in your types of investment i.e.
stocks, bonds, or mutual funds may swipe your
entire principal amount. Your rational decision would
safeguard you from any misery in your personal life
and relations. This way the overall investment
returns have a smoother scene. Your risk for losses
is reduced at larger level.
You have to clear the notion in your mind that for what
purpose you are investing. Long term investment
usually gives you profit. Don’t invest beyond your
comfort zone. You are investing and not gambling.
Create and maintain an emergency fund.
It is advisable to keep 4-6 months of income in your
savings account; if any drastic loss happens then your
family has resources to eat and children to study. Don’t
use your credit card for investing; it may result in higher
debt and interest rates. Never invest heavily in your
employer’s stock. Its poor performance may take off your
job.
Contact Us
Website: https://www.amxnews.com/
Email:info@amxnews.com
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The richness of investment

  • 2. The foremost necessity to indulge in investment is to cover the unexpected loss and extra liabilities in near future. Do a detail evaluation of your financial condition; you are best judge of yourself. Remember the risky factor in your types of investment i.e. stocks, bonds, or mutual funds may swipe your entire principal amount. Your rational decision would safeguard you from any misery in your personal life and relations. This way the overall investment returns have a smoother scene. Your risk for losses is reduced at larger level.
  • 3. You have to clear the notion in your mind that for what purpose you are investing. Long term investment usually gives you profit. Don’t invest beyond your comfort zone. You are investing and not gambling. Create and maintain an emergency fund.
  • 4. It is advisable to keep 4-6 months of income in your savings account; if any drastic loss happens then your family has resources to eat and children to study. Don’t use your credit card for investing; it may result in higher debt and interest rates. Never invest heavily in your employer’s stock. Its poor performance may take off your job.