Successful Steps To Invest Money In 2017
When plans to invest the money, the investment for the simple amount or a large amount does not hold in both cases only one goal: to make money grow and grow. The rate at which your money grow by investing money is the standard of success, a success that determines whether or not to invest, and therefore invest money process that requires a lot of effort and diligence, but do not forget to invest money rewards are worth it. In this article, we’ll show how you can start to invest their money. Now, to you eight steps to start investing money since the day. Whether you’re a beginner or an expert, it is necessary to follow these steps to start investing money.
1. Get rid of loans and credit cards:
If you have a loan or debt on credit with cards a high rate of interest does not benefit from your efforts to invest the money, because what you would get from the growth in your capital (which often will not exceed 10-15%), spend like a loan or credit card loan profits ( which often put more than 10% on average interest on the loan).
Remember that the borrowing of the worst options that you can do to provide the capital needed for investment that you intend to start it. Even if you do not intend to start, moved away from usurious loans, which include credit cards, and get rid of the idea of borrowing in general, even if it cost you to live a more modest life.
2. Create a special account for emergencies:
In the event were not own account so even today, start saving money immediately, so that it covers an amount equal to the amount of 3-6 months of living life costs for you or for your family. This account will help you in an emergency so that will not put loads of gravity on the project, which intends to invest its money, and will help to overcome the economic crisis experienced by so as not to hinder investment business. Amounts that calculates the emergency that must be safe and away from the house or the expense of children, and even for your business venture.
In any case, you must divide what you earn money on two parts: the part of the expense of emergency, and the other part for future investment, do not think about risk in investing money with all possess, calculating the emergency is good for you in cases of losing my job, or accidents or diseases and other crises.
3. Write down your goals:
During the implementation of the previous two steps you should think calmly and deliberately in the project investment. How much money to invest? Will you be your project returns close to or far-reaching? What you want to invest money? The objective of the investment varies from one person to another, it aims to:
Access to financial stability, so do not rely on career and salary by.
Build a house for the family.
Providing enough money to spend after-service (retirement) in a calm and well-being.
Providing enough money to undergraduate children.
Define a clear and specific goal, and write it in a prominent place in your diary or your office will further degrade you and motivates you moving if I was frustrated in the day.
4. Select the most appropriate way to invest money:
Surely you know that the more your capital increased increased profits, as well as increased investment money choice! Many people prefer and are advised to apply more than one way of investing money in ways the same time, so they do not have risked everything at once. Certainly you must divide your money among different investments based on the accounts of the returns, and take you on account of the potential risks of each method. Here are some ways months invest money that you have to be studied in depth to choose the most suitable among them:
1 / Self-investment or to participate: Here you use your capital to start your own business, production, or business, or service, thereby increasing your money with little effort. You can subscribe to invest money with Brandon Lewis Gemini 2 or anyone you trust, so that the share of profits and losses together.
2 / equity instruments: When you buy a stock, you are working to start a business within a particular company, so they are a partner in the profit and loss or in other words, to become a partner in the ownership of each company acquire some shares. And preferably should be aware of the scope of the company, or be with a good reputation in the market the company, one of the ways to invest money legally permissible, provided to deal with companies operating in the permitted areas.
The instruments (or stock) are similar to the idea of the stock with minor differences, and allows you to capture profits from a project or company to determine for certain when buying an instrument, could be up to 10 or 20 years.
3 / real property: in the real estate market is very excellent, but requires you familiar with the market, and prior study of trends in urbanization and housing schemes so put your money in the right place. The right choices can make your money multiply thousands of times in a few years.
4 / gold and precious metals: buy gold specifically, or other precious as silver metals and diamonds ways and ideas excellent in investing money, it is prone to taxes, and retain their value over time and thus save your money from inflation problems in the market, at the same time is easy storage, easy conversion into cash, the more money you need to sell a portion of them without any damage or problem.
5. provided sufficient funds to start investing money:
Sure, as long as you looked out of investing money ways, you have enough money, and all you now have to decide how much money you need, and base your decision on the most appropriate to invest in the Zeus 2 Software on the amount you have, taking all the risks into account, and all what it takes to reach your goal.
6. Push the little!
This is one of the most important rules of investing money. Whatever method you chose, you should not have risked everything in it. The most important point is to pay as little as possible when you buy .. golden advice is: Buy while not buy one !! For example, in the real estate market, when you decide to buy a property in an area increasingly in demand, it is difficult to get a suitable price, in contrast, if bought in a small demand for the region will be reduced purchasing the competition, and you’ll find that there is room to negotiate with the seller, and will try is to turn that keeps your buyer, as long as the little thinking of buying. For the real estate market may not know what is already a low price, if you have the know-how and experience to are not available, and the basic standard your stay is to buy less as you can, and then sells the most what can be compared to the price at which you bought it.
For the stock market it is different! All you need is to buy stocks when the purchase of the shares decline in value, which is often caused by a problem in the company itself, have led to this decline. Once the company exceeded this crisis, things are back to run its course, and start increasing the value of your stocks.
The same idea can be generalized to invest money different ways, which means seize opportunities wherever they may be to buy the lowest possible price.
7. Timing is important:
With the changes taking place in the capital markets between the overnight rate the stock can be increased to a value not expect days, and at the same time it can be reduced to up to far less than those that bought their value. As well as the case for real estate, metals and others. The lesson here is to choose the most appropriate time to sell, and if I felt that the value of the shares amounted to not reach them again soon, according to your research and your accounts Show your shares for sale directly. Each step you must have full knowledge and know-how under any circumstances who bought them until the adoption of decisions on the evidence, and without errors. Do not rush to sell your stocks just by getting on the price of a disease, it may continue increasing prices. Whatever you got material offers tempting not weaken in front of temptation, remember that the availability of such offers means that the future of your investment is heading for the better. At the same time, if you feel that things are out of control, and that prices have decreased significantly and every day continues to decrease, so there is no room for getting better, I know that the early withdrawal is the best, no matter how bad prices.
8. Increase Selling Price:
As we mentioned in the first article, the investment money necessarily mean that is growing. This increase may be obtained from the sales price, which will sell its difference from the purchase price at which you bought it. As explained in the previous step, the timing is important, but no matter what the circumstances, tried to raise prices as much as possible. You can take advantage of your winnings to start a new investment such as Orion Code Software, or increase the chances of success of the current investment.