It is a common question one will ask why you want to invest. Investment can be profitable or can be destructive if one did not manage it properly. Investor must do their due diligence before they embark into this investment journey. So what are the things that investor should do before they invest?
1. Get educated
Read more on investment related finance books to equip yourself with the knowledge on investment. By doing so, you will be more prepared than those who know nothing about investment and blindly follow analyst report when they give a buy call rating.
2. Ask yourself why you invest
First of all, you have to ask yourself this question. What is the rationale behind this investment? Is it because you want to make your money work harder for you or you work hard to make more money? Don't simply make an investment because the people ......