Are you planning for retirement, Are you a new beginner in the investment market? If yes, then this is for you:
Anyone who is a wise man and is planning to be financially independent, who has left service and would like to invest his/her income wisely would like to seek for a long lasting source of how to invest his income or fund in the right way in other to be able to be financially independent throughout his/her old age:
Investing money in the right place is one of the most difficult tasks for any investor to accomplish. This is because it is one of the complicated things to do for the fear of losing the fund.
For a beginner investing in any kind of an investment, he should first think about the amount to invest out of the total money paid him from his gratuity of saved fund. Investment of the whole fund is not advisable at this moment because of the risk involve in capital investment.
Find out how much you intend to invest out of your earnings. I would suggest an expert advisor who is a knowledgeable Stock Broker for those trying to buy shares; you will be guided accordingly on stocks which are profitable – when to buy and when to sell at the right time by getting an expert advice on this issue.
Create a portfolio for diversification of your funds, Invest in shares, fixed deposit, although has low returns on investment, but good because no risk is involve in this kind of investment. I would suggest profitable shares like Banks, Manufacturing Industries, Health Products Manufacturers and Insurance firms that are viable. Again the stock broker can guide you effectively in other to reduce risk which is inevitable in investment of funds.
For first time investor, it is advisable to invest in the short term stocks; it could be for one month, two or three month’s investment. This will help the investor to have first hand experience in the investment market.
Another good investment I would mention here is called “Real Estate Investment” Although this is very good but shall be a long term investment. Investing in real estate is capital intensive but very profitable. For beginners who want to invest on this would need expert advisor from the real estate industries and may also require the assistance of a financial institution for more funding which will require a long process to acquire. An investor who is a beginner who could afford this will make nothing less than 300% to 400% return on investment on capital.
For a beginner, it is advisable to go for short term stock investments, provided that the amount to be invested is shared into different investment portfolio avoiding all eggs being in one basket. This can minimize risk and are sure ways of making sure your invested money are not lost entirely but has good ROI.