An intelligent investment is mostly successful but still requires careful planning. Here in this infographic we have shared 6 basic investment tips for the beginners.
How can I withdraw my pi coins to real money in India.
6 Investment Tips for Beginners
1. 6 INVESTMENT TIPS FOR
THE BEGINNERS
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Avoid listening to
Financial Media
Do not let emotions
control you
Stay ahead of the
crowd
Keep spendings to
minimum
Check where your
money is going
Know your risk
tolerance level
Too much news is being spread these days. It is better to avoid
such news and focus on your own investment efforts.
Emotions don't pay off for any trader. Be realistic and make
decisions on the basis of actual analysis of facts.
Think different. Don't just be a crowd follower. Stand out from
the crowd.
Keep a control on your savings. Avoid spending more than your
earnings.
Keep a track of your spendings. That will help you to check if
you are spendings are going in the right direction.
Are you willing to take risks? Can you afford to take a loss
before actual investment? It is so very important to maintain
risk tolerance and avoid getting emotionally attached.