A Little Knowledge is a Dangerous thing in Investing
A Little Knowledge is a Dangerous thing in Investing
Have you a secondary income ?
Practice to invest. Investment is the most powerful tool, that can only give solid returns for someone who needs. Investing does not mean that you just fill up your money. Investing is an Art.
Again, Investing is an Art. It can be great asset to you, a regular cash flow or income or a source of happiness for you. It is necessary to learn the art of investing. The learning of such investing in a proper and complete manner. Not just the word, 'Investment'.
Luck will sometimes help you to make a profit in an Investment. But, the knowledge will only protect your Investment Capital. In the world of today, the Technology and Money have gone up. Only the little knowledge cannot be overcome. We need a effective knowledge or a better one to win the Rat-race.
Reading is a positive aspect of Investment. When it comes to investment reading, we have to take some of the following things,
- Importance and study about Micro and Macro Economics - It's Vital !
- Learn about the Economy numbers - Interest Rate, Inflation, GDP, CAD (Current Account Deficit).
- Always aware about the behavior of Politics, Government Policies, Budget data, Economic Survey and Central bank's numbers.
- Management activities of a company, Real Estate Development's statistics, Trend in the current economy, Consumer Behavior, Sales and Revenue of a particular company.
Nowadays, Global economic changes determine the investment market whether the market is stocks or realty or commodity. We know that how the global recession impact in the year of 2008. After the recession, the realty sector felt badly till today.
The Stock market in the world is also not in this year like the past 2017. We cannot easily predict how the coming year will be. But we can only do one thing - Keep Learning.
Things already believed are now lying. Unanswered things have been proven today. So a little knowledge or learning is a dangerous on any kind of thing. Lets ready for the better learning.
Kindly share your views / comments with a smile :)
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