So, you’re thinking about picking your own stocks and
wondering whether or not this is a smart move. Well, sorry to break it to you,
but, more often than not, this definitely isn’t the smartest choice you could make.
See, the thing about investing, when you do it without a lot
of “know-how,” is that you’re taking a huge chance. Basically, you’re gambling.
You think you can do better than the market, so you try your luck, and, sadly,
more often than not, just as is the case with gambling, you lose.
A much smarter route to take is to leave the investing up to
professionals, people who know the investing market inside and out and who can
make informed decisions about the best possible investment ventures for your money
and goals.
In addition to getting help from qualified investment experts, you should also take less risky measures to earn money from your
money. Even investment professionals can’t get rid of ALL of the risk, which is
why your investment portfolio should be made up of other risk-free or low-risk
investments, such as target-date funds, high-interest savings accounts, and
other smart saving and investing options.
The bottom line is that picking your own stocks is
definitely not smart, unless you’re some kind of financial guru, so get help
and learn how to build a diverse portfolio that will make you money with
minimal risk.
No comments:
Post a Comment