FeiraVille
 
Know your investment personality
Views:774 | By: Maureen
Know your investment personality
It always bothers me when I see people asking which business they can start with a particular amount of money or when they reveal how much they have in savings and then people start telling them what to do with it, which usually is to start a business.

If you're not passionate about something, you won't give it your best. Somebody can give you a perfect good idea but you are not cut out for it. Chances of failure and losing your Capital are very high.

Some people are happy with passive investments and are still making a killing. They are happy with stocks, bonds etc. Something that they don't have to go out there and hustle for. They study this, put in their money and keep monitoring the same.

We are not all called to run businesses. For some people the wheeling and dealing is just not their cup of tea. If you're one of these people, you get up and go do something you don't love. After all this, chances of failure will be really high.You need to do what you love to do.

The best thing to do in a business is to know your investment personality. If you're a risk taker then go for it, but if you are risk averse, don't let anyone bully you into doing something that you can sustain.

Also have a vision for your financial future and goals that you want to achieve and put your money towards that.Go into business that you understand. Research well before investing your money anywhere. Follow your passion as well.
Related Stories
Image Top business strategy for growing a small\medium-sized business
Are you out there the master mind of your business...
Image What things to consider before adding a partner to your business.
As we approach another five years of a new reign, ...
Image How to invest in government bonds and treasury bills
Government bonds and treasury securities are metho...
Image What You Need To Succeed In The Modern World Of Finance Or Fintech.
While starting and running a company used to be ab...
Image What are the five keys to starting a successful small business
A successful business is identified as a triumph i...
Stories By Industry
Reach out to writer...
Post a comment
Sign In to comment
Comments
No Results Found!