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Investing Your Money – What You Need To Know

<p style&equals;"text-align&colon; justify&semi;">Putting your money to work for you is much more complicated than it sounds&period; Farah C&period; Jaber&comma; a hospitality management leader&comma; investor and podcast host&comma; knows quite a bit about it&period; He runs the podcast known as the &&num;8220&semi;The New Investor Podcast&&num;8221&semi; and has also published a book titled &&num;8220&semi;Becoming an Investor&colon; The First 100 Days&period;&&num;8221&semi; Both&comma; the book and the podcast came about after a radical change of mindset and self-education on investing that drew him to dramatically grow his net worth&period; Here are some tips for investing money from Farah C&period; Jaber&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>No Investment without precautionary Savings<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">First of all&comma; you should know that before placing your money&comma; you must imperatively build up a precautionary savings account&period; The latter will notably allow you to cope with unforeseen events such as possible car repairs&comma; loss of employment&comma; or even the care of a loved one&period; You should know that if you do not have precautionary savings&comma; your investment will be much riskier&period; When you put your money&comma; you should know that only the long term brings security and performance&period; So&comma; if you urgently need to recover this money&comma; you will be tempted to take back the money and you will lose all profitability and can also be part of your capital&period; Your investment would then become completely useless&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Set Goals<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Before you start investing your money&comma; it&&num;8217&semi;s important to ask yourself the right questions&period; Indeed&comma; you must imperatively set yourself a specific goal&period; First of all&comma; you need to know why you want to invest your money&comma; what is really the goal you want to achieve&period; So you can already know the duration of the necessary investment&period; Let&&num;8217&semi;s take an example&period; If you are 40 years old and want to save for your retirement&comma; or if you are 25 and want to buy a superb car&comma; the financial objective will not be the same and the duration will not be the same either&period; Indeed&comma; for the person wishing to save for his retirement&comma; the objective to be reached will not be the same as for the young person of 25 years&period; It will&comma; therefore&comma; be necessary to opt for completely different investments&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Investing young is&comma; of course&comma; ideal and this will allow you to spread your investments over the very long term for retirement&comma; other investments in the medium term&comma; and why not more dynamic investments in the short term&period; So the investment portfolio is well distributed and diversified&comma; which is ideal&period; The majority of people start to save seriously for their retirement at 40&comma; which is understandable since they have already invested in their main residence and their wages have increased&comma; which allows them to save more&period; The profile will be different because the quarantine will probably favor security and the pension for his retirement&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Put your Money on the Stock Market<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The word &&num;8220&semi;purse&&num;8221&semi; can be scary&comma; but don&&num;8217&semi;t panic&period; Famous investors do not encourage you to place your money on the stock market at random&comma; but to educate yourself well before and especially favor the stock market in the long term&period; So by putting your money in solid companies paying dividends&comma; you can then get dividends at the end of the year&comma; every month or every quarter without doing anything&period; You also have the option of withdrawing your shares as soon as you wish&period; The goal is to buy in off-peak periods&comma; of course&comma; to pay for a share at a great price in order to win on all fronts &lpar;dividends and valuation of the share&rpar;&period; You should know that some people buy and sell their shares in the same day is another technique but then very time consuming and much more risky than what I offer&period; Another way to invest serenely in the stock market and in the long term are index trackers&comma; allowing you to copy stock market indices&period; In any case&comma; if you want to place your money on the stock market&comma; still avoid going alone without any particular knowledge in this great adventure&comma; which can also lead you to your loss&period; These are some simple tips that will help you grow your investment and become richer in the process&period;<&sol;p>&NewLine;

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