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How To Create Your Own Financial Plan Before You Start Investing?
By SG Young Investment  •  December 10, 2014
You can lose money from investing. This is a fact which many seasoned investors may have forgotten while other newbie investors are afraid of. New investors are afraid of venturing into the stock market due to the many horror stories they have heard from other people. Others have burnt their fingers and it affected their confidence so much that they would not dare to invest again. Why is it that some investors can make money while others lose money? The differentiating factor of a good investor vs a poor investor lies in a financial plan. A good investor knows what he is doing and is aware of the risks involved. A poor investor mostly follow tips and is not aware of what is actually happening apart from the stock prices going up and down. A good investor can buy a stock and see a decline of 30% but still make ......
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By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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One response to “How To Create Your Own Financial Plan Before You Start Investing?”

  1. Kerry says:

    There is one main difference between a good investor and others and that is a good investor has taken the time and pain to learn basics upon the area where he is going to invest. It takes good analysis and a constant watch on market to successfully make profits from stock markets.

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