Tuesday, December 23, 2014

Real Investment

Investment should be something giving us back some values; it could be monetary values, experience, knowledge, etc. Investment itself may sound simple but when comes to execution level, it must be done very strategically so that risk can be quantified. Nothing in this world is safe and genuine especially money related matters. Hence, really need  detail analysis in order to materialize it. The fundamental on investment must be very strong so that can stand for any uncertainties, at least we are ready with way forward to face the disaster or namely financial crisis.

In order to invest in any potential profitable investments, we must know the pro and con of the industry. How to know it? How to gauge the risk of the industry? What to gauge? Where to gauge it? When to gauge it? All the checklist could be different based on different industry; namely stock, real estate, direct selling, gold, etc. 

People may ask how to get or to know all the checklists prior to start investment so that we are able to mitigate potential risk before, while, and after investing regardless any industry. For me as simple as reading ABCs because in our level while reading this article considered expert in reading but not same for kids who just started to know the alphabets. Once we know the alphabets, we must know the words so that can write it properly and so on so forth. Similarly, before we start investing in any potentially profitable investment, we must conduct some evaluation via some researches. Research here is not by pursuing doctorate in that investment area but reading subject matter related books, articles, magazines, etc. Some may suggest to go for seminars or talks even with no fundamental knowledge on that area investment area. For me I would say that you may go for the talks (one to three hours) which is normally free as introduction before they (organizer) organize the actual course, we may get some key points for us to do some detail study before attending the paid course. 

Buying books authored by the speaker(s) would be a good strategy before attending any paid course so that you have some idea on issues that we may have foreseen in the books. Besides to have some ideas, it's better to read because our database (memory) will store all the information read longer than via listening. Definition for research itself could be subjective based on the materials or approaches you will be using and we have to ensure the research should really feasible before take action in investing. Or else, some disasters will come even without actual financial disaster.

Hence, spare some time, money, efforts, and/or anything that can lead to financial knowledge enhancement so that we know the right path when start our investment. So, start your investment with knowledge first before anything else.


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