An investment course is not a panacea to the problems of the modern age. It cannot resolve your financial issues especially if these issues have been festering over the years. However, with ample preparation, an investment program can make a big difference in your life, such as developing an alternative source of income that can complement your day job.
Here, I present a checklist of sorts to help you decide if you are ready to embark on an investment course (or even think about investing).
1. Make sure you do not have unsecured debts you can’t repay
Truth is, I was hesitant to talk about debt. After all, we’re likely to have some form of debt. For example it is almost impossible for most people to buy a house without a mortgage loan.
Alas, not all debts are equal.
Housing loans are generally fine if you do not over leverage because the interest rate tends to be lower than any other types of loans....