When, at last, we have decided to invest our money in the market, we should start by taking into account this advices and rules before starting the long road of the investment.
Identify your profile:
Before investing, it is essential to determine what is your investors profile, and if this profile adapts to your personal needs. For that, we should ask ourselves some basic questions:
How much time do we have to invest?
What is the benefit that we want to obtain?
What risk level are we willing to assume?
Follow these three basic rules when it comes to invest:
a. Risk only what you are able to loose.
b. Start with few risk, and then increase your investment, step by step.
c. Do not gamble, invest.
Besides these three basic rules, do not miss to see the some counsels that Visual Chart has enumerated, that considers them essential but not immovable when it comes to invest.
Invest in the long term involves less risk, be patient with your targets:
As the temporal horizon of our investment grows, the risk that we assume reduces. If we would check 10 years from the last 25 years, we would see that the investors that would have invest in an European Potfolio or a Global Portfolio, would not have had any looses.
But if you think you are day trader, or an investor with a tendency to be a day trader, do not miss to check the advises that Visual Chart has gather together for this kind of investor who likes invest in "very short term".