Sunday, December 1, 2013

Candy Daily Grape

Matching your personality and Your Investment.
"The more intensely we feel about an idea or a goal, the more assuredly the idea, buried deep in our subconscious, will direct us along the path to its fulfilment – Earl Nightngale
Today’s markets are as uncertain as ever. But there is one certainty; the future is coming. It may no longer be enough to simply preserve what you have today; you also have to build what you will need for tomorrow...Talking about Investment....

Do the Following;

Know Your Personality:
Your response to money is largely dictated by your personality.Understanding your money personality is the first step which will help you shape your approach to spending, saving and investing. Buying investments that fit your mindset and personality is to a successful financial life.
Strategize and Plan:
Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.It is important for a sound investment strategy to define investment time horizons, asset allocation and diversification and the ultimate goal either in the long term or short term. Diversification will help in coping with the market volatility.
Follow a strict discipline. For example, when trying to meet a goal strategy to be saving on a monthly basis, have the savings deducted from your income before spending anything. This will steer you way to a clear road of being able to meet all your goals as planned without deviating from the strategy outlined.
Exercise your will power and self-discipline to keep your focus on the goal, and to stick to your resolve to succeed. Do not let anything distract you or make you deviate from your goal.
Thanks to Niaje for this...

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