Investing Lessons - What Are Your Targets

By Author: Uzi Ohana
Total Articles: 63
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Investing Basics - What Are Your goals

When it comes to money, many first time investors want to jump right in with both feet. but, very few of those investors are successful. Investing in anything requires some degree of skill. It is very important to remember that few investments are a sure thing - there is the risk of losing your money!

Before you jump there, it is better to just find out more about investment basics and how it works, but also to determine what your goals are. What do you want to achieve with your money? Will you be funding a college education? Buying a home? Retiring? Before you invest a dime, really think about what you want to achieve with that investment.

Knowing what your target will help you make wisher investment decisions along the way!

Too often, people invest money with dreams of becoming rich overnight. This is possible - but it is also rare.It is usually a very bad idea to start investing with hopes of becoming rich overnight. It is safer to invest your money in such a way that it will get bigger slowly over time, and be used for bad times or a child's studies.. ...
... However, if your investment goal is to get rich quick, you should learn as much about high-yield, short term investing as you possibly can before you put your money there.

You have to strongly consider talking to a financial planner before making any investments. Your financial planner can help you determine what type of investing you must do to reach the financial goals that you have set. He or she can give you realistic information as to what kind of returns you can except and how long it will take to reach your specific goals.

Again, remember that investing requires more than calling a broker and telling them that you want to buy stocks. It takes a certain amount of research and knowledge about the market if you hope to invest successfully.
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