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What to do before investing?
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19th Nov 2009 by peter matthews
If you have little or no experience in investing, or in financial markets, the best advice is to consult with an independant professional who can help you. Before you consult with anyone however, there are a few decisions you need to make. You need to work out what sort of yield you are looking to achieve, whether your targets are for long-term growth in your investment, or short term gains, are you looking for capital growth or income and how much risk you are prepared to take. There is really no way round the fact that the higher yield you want, the more risk you have to take. There are a huge range of investments available, hence the need for an experienced professional to help you choose the most sutiable ones for you.
If you have little or no experience in investing, or in financial markets, the best advice is to consult with an independant professional who can help you. Before you consult with anyone however, there are a few decisions you need to make. You need to work out what sort of yield you are looking to achieve, whether your targets are for long-term growth in your investment, or short term gains, are you looking for capital growth or income and how much risk you are prepared to take. There is really no way round the fact that the higher yield you want, the more risk you have to take. There are a huge range of investments available, hence the need for an experienced professional to help you choose the most sutiable ones for you.
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19th Oct 2009 In Investing
1 Answers | 69 Views
Subjects: investing,
investment preparation,