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22.03.2021 Bartholome

How to start investing (portfolio income for beginners)

How to start investing (portfolio income for beginners) Income is a necessary condition for starting making investments.Otherwise, you will forever remain "in the money" when your investment grows.In this article, we will talk about how to start investing.First, you should decide whether you want to be an investor or a speculator.An investor is someone who regularly invests money (over a long time horizon).An investor is also someone who knows how to increase their money correctly:They know the "magic" of compound interest, which after a while will start multiplying it by "seed" (after some time, the money will start "sowing" it).Secondly, you need to decide whether you want to be a winner or a loser.Loser is someone who has nothing to lose other than his own misfortune (i.e., his own life).In the long run, all kinds of natural disasters, mavericks and widespread epidemics have a devastating impact on the economy and the well-being of the population.Only smart investments can positively affect the trajectory of the economy and the profitability of its investors:Yes, this is the main investment you need to make — you will be able to accurately determine the best time to invest your money (in order to create your own capital and start your own business enterprise).Over the past decade, the pendulum has swung too far to the asset-driven model. investors.Third, you need to decide whether you want to remain a client or a client (including the size of your current salary).In the long run, it is very important to maintain your own capital (and its income component).It is important not to let the size of your salary " control":Therefore, it is extremely important to keep yourself in control, so to speak, "vigilante investor".You need to understand — what investments will bring you maximum income (which will make you a truly rich person) or - as an option, to invest a certain amount for a certain period of time.It is IMPORTANT! In any case, do not follow the advice of scammers who offer you a "fairer" alternative to Ponzi schemes. 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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