investments

First Investment Tips For Beginners

first investment tips for beginners

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FIRST INVESTMENT TIPS FOR BEGINNERS

The ability to invest money into a project or general venture is considered quite wise. It’s usually a better means of using your savings than having them sat in the bank, at risk of devaluing due to inflation over the years. 

For this reason, many people wonder how and why they could or should get started in investments. But if you have little business or financial acumen, it can be hard to know where to begin. Moreover, every investment presents a risk.  In some cases, this can be diluted, but it’s also true to say you may have to experience loss.

In this post, we’ll discuss a few measures you can use to make sense of investing for the first time. With these reliable principles, you can find better opportunities, protect yourself from risk, and perhaps even find the big payday you’re looking for.  It may require patience in the long term but could be worthwhile.

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Strategies for Managing Portfolio Risk

managing portfolio risk

 

This is a Contributed Post

STRATEGIES FOR MANAGING PORTFOLIO RISK

There is no investment plan without a certain amount of risk. How much risk you are willing to cope with differs between investors. Typically, if you are considering an investment portfolio for the first time, you are likely to be cautious and have low-risk tolerance. 

Seasoned investors and those who can afford to make a loss without affecting their financial stability have a high tolerance for risks. 

But the real question you want to ask when it comes to managing portfolio risk is not how much risk one can safely handle but who determines the risks you face. Indeed, there will be a variety of risks on the way when you start building an investment portfolio. But being in a position to recognise these risks is not something that most new investors can do. So whose job is it to tell people about the risk of their investment portfolio? The answer varies depending on the type of portfolio you have and your attitude towards risks. 

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