Investments and ways to make money
Most people spend much time wondering what money is. Their only concern is how they are and how to get more!
What is money?
This is a medium of Exchange.
What it?
It ensures the success of the Exchange is the a supply point is always acceptable.
Why is it necessary?
Because human beings humans must exchange to live together in peace and prosperity!
That’s all!
On the other hand, without money, production and sharing something property and rudimentary services cannot. It is not difficult or time-consuming, or ineffective, it is not possible!
Animals not Exchange (or trade) among one another. They are autonomous, they support each other, or they exercise the prerogative of greater strength and cunning.
There are some beings humans who agree to a very similar manner, but the overwhelming majority recognize the benefits of voluntary exchange.
Strictly speaking, the use of the word “voluntary” in this context is redundant. The expression “your money or your life” is not the precursor of Exchange, if the person uttering it brandishes weapon to fire or a government identification card!
The first rule of any voluntary exchange is simplicity itself. If two people are willing to share, each must display the results of the Exchange as being beneficial. If one of them is not the point of view, the Exchange will not take place.
Ways to make money in this world are simple:
Marry someone who is already rich.
Having a rich person die and you will find their money.
Oil strike.
Discover gold
Win the lottery.
Robbed a bank.
Working for her…
Or do work for you through investments!
By investing, you do not have to be an expert to enjoy real possibilities!
Order to be able to take advantage of the opportunities and invest with confidence, profitable success and consistency, but first you must ensure that all your essential financial needs and responsibilities are fulfilled.
Then, start with:
1 Set aside enough cash in an emergency.
2 Make sure that you are completely and properly insured.
3 Setting up a reasonable retirement plan.
4. Get out of debt – and stay!
5 Determine your calendar, and
6 Start to invest to become financially self-sufficient!
As each of us enters the different stages of life, our family status and goals, income, expenses of modification and living standards shape our investment strategy.
By having a clear idea of what you want your investment to achieve, you put your money to work more productively.
Invest is generally defined as the conversion of assets safely in riskier with superior performance prospects.
Each investment has a number of risks. You can reduce the risk, if you are capable of understanding the different characteristics of the investment and build your portfolio accordingly.
Taking into account the existence of risk, why invest at all?
Because in the past, the existence of a greater risk is equivalent to a greater rewards for investors.
You are almost sure to choose a poor investment sometime. The secret is then cut your loss as soon as possible.
Unfortunately, most people find it very difficult to do. Nobody likes to think he made a mistake and there is a great temptation to hang and hope for better days.
But there is almost always a moment when an investment starts to turn sour you can come out with only a small loss.
If you do you could be on the losing side for many years and then even more money ultimately lose.
Have the courage to admit you were wrong is an essential technique investment success as well as in other aspects of life.
A Swiss banker put rather well:
“If you lose a tug-of-war with a lion, give him the rope before it gets your arms…”.
You can always purchase a new rope. »
Ioannis – Evangelos Haramis c.
I was born in Athens, Greece, and I studied marketing and Economics in Greece, the United States Belgium management.
I am active on markets as investor money, securities and consultant for individual investors and various funds and equity securities broker.
I am the Publisher and editor-in-Chief of “learning to invest” www.GreekShares.com web site and the author of the book “the Fellowship of profitable investment guide”.
Since 2002, I am also the new Director of business development at Greece Bank.
