Investing requires saving money, investing it,
and developing a diversified portfolio that is focused on the long term.
Basics of Investing
and developing a diversified portfolio that is focused on the long term.
Investments are products that are purchased with the expectation that they will produce income or profit, or both, and there are three types.
There are lots of rules, or strategies, for investing. A couple of commonly repeated rules include "never lose money" and "invest when there's blood in the streets."
Decide on the type of investor you want to be. When opening a Investment Account, We will ask you about your investment goals and what level of risk you’re willing to take.
Warren Buffett famously once said, “The first rule of an investment is don’t lose [money]. And the second rule of an investment is don’t forget the first rule. And that’s all the rules there are.”
You should invest because investing allows your savings to go farther than they otherwise would. Simply holding your savings as cash means it will just sit and be slowly diluted by inflation, whereas even in the safest investments it will earn some money for you, building on itself.