SIMPLE RULES ON INVESTMENT 2

in #business5 years ago

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Where there is no structure and order failure is bound. The best way to invest is to express no emotions in investment and adhere to the rules.

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POINTS TO CONSIDER


1 Find a Problem Solver
2 Learn to Understand the Criteria for an Investment’s Success
3 Assess Your Risk Tolerance
4 Practice Patience
5 See what’s already hit bottom
6 Diversify
7 Keep an eye out for Scams
8 Get personally involved
9 Gather Information

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IN DETAILS



1 FIND A PROBLEM SOLVER


No matter how computerized your industry is, customers are not after that, but the quality of products that is produced.

To be a problem solver is to identify the challenges faced by potential market, to have a plan, goods or services capable of solving the identified challenges, and to be able to implement the solution is a cost effective way.
However, in this case, all that an entrepreneur looks for is to produce goods that the customers need.

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2 LEARN TO UNDERSTAND THE CRITERIA FOR AN INVESTMENT’S SUCCESS


Here, an early investment can secure enough funding to greatly succeed. That people are not embracing the investment opportunity does not mean that the opportunity is not going to be profitable in the future. Study an opportunity and know whether it is viable or not.

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3 ASSESS YOUR RISK TOLERANCE


Make assessment of the level of risk you can take, knowing that it's not every investment that succeeds at last. Assess yourself and only invest as much as you can safely lose.

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4 PRACTICE PATIENCE


Patience is a key to success. With the right passion, patiently follow through every process to actualize your goals. That you merely fail does not mean you’ve totally failed. Keep moving and ensure that you learn from what made you fail and avoid repeating it. Your passion is what will make you stronger and energetic, it is what will make sure you are not discouraged, it is what will keep on energizing you, it will give you the much needed strength when you never believe you can get it.

Patience in business can never be over emphasized; when you’re fed up, it is patience what would keep you going.

However, do not rush into investments just because you think you’ve seen an opportunity. First take time to diligently investigate how viable the opportunity would turn to be.

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5 SEE WHAT HAS ALREADY HIT BOTTOM


There are lots of investment that are about to fold up due to lack of funds. If you identify these kinds of investment opportunities, consider buying them off provided they were providing services highly in demand, but failed due to mismanagement.

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6 DIVERSIFY


Diversification saves an entrepreneur a lot from losing all in his investment to uncertain future. Depending on one source of income can cut one’s expectation in times of down time. Diversification would make an entrepreneur to still remain relevant even when one source of investment fails.

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7 KEEP AN EYE OUT FOR SCAMS


In as much as many opportunities are real, there are many scam ones and you must remain vigilant and alert to them all. Scam opportunities in most cases appear so promiscuous and lack legitimate credentials. Make proper research before going into any investment opportunity.

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8 GET PERSONALLY INVOLVED


Getting involved is important to know actually what is going on. Do not just provide funds and stay off, your personal supervision is necessary.
Personal involvement above and beyond investing can be an effective way of helping companies succeed.

Monitor your employees, promote your goods or services, seek new opportunities as well.

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9 GATHER INFORMATION


The more information you get the wiser the decision you make. There are lots of free information out there, make survey and get to know more. When you’re not informed, you’re otherwise deformed.
Information would guide you into making the right decision.



REFERENCE:

F Independence Hub

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