A 500-Yen investment (for beginners))

03.03.2021

A 500-Yen investment (for beginners))

A 500-Yen investment (for beginners)) Today, in the vibrant cities, young people gather for one reason only — to buy large quantities of cheap, delicious things.They are looking for a way to start investing and get rich.For those who have been reading my articles for a long time, I have provided you with a good starting pointpoint — namely, the investment portfolio of my articles.This article will teach you how to properly handle your money (so that it grows and multiplies).OK, now let's get started.First, set the right priorities.:it should be thoughtfully planned your family budget (including your expenses and savings);your investment strategy (including its distribution across different asset classes and financial instruments);the size of your retirement account (including the amount of interest on the Deposit and the amount of money you will need to spend on a] financial cushion — this is where your financial capital "should be found");the timing of your investment (i.e., the exact moment when you bought the shares you want to invest and when you will sell them).Secondly, set the price.The earlier your money is invested, the higher the risk of losing it. As a rule, the higher the yield, the more risky it is (theoretically speaking, the less profitable the investment).To prevent yourself from running out of money, follow the following rules: rules:1) Keep your balance. Your investments should be distributed across different currencies and asset classes. Your portfolio should include a diversified (i.e. conservative) allocation of different currencies and asset classes.2) conservative tools. Don't fall for propaganda hype (especially advertising from so-called "financial consultants"). Third, do not participate in speculative activities (which are often driven by exaggerated promises for the" success " of your investment).3) invest Regularly.Do not allow yourself to relax in the summer. Fourth, do not participate in offering to other people for the investment of their money.This will ensure that your money grows and multiplies without your participation. 1) Read my article " Where NOT to invest money? TOP 3 most dangerous places for money". 2) Read my article "what skills you need to become rich".

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