This, of course, does not satisfy them, but investing really monospace can be as simple or complex

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Although the articles on this site are aimed primarily at novice investor, I get questions from more experienced players in the capital markets. Basic principles of investing are the same, but the difference monospace is in how you apply them every one of you. Obviously young people are much more willing to take risks, while older (and especially those in retirement) are more conservative. What I have noticed, however, that not everyone likes to spend hours searching and reading materials in the field of personal finance (unlike me).
I thought when I meet people who want to put in order your personal finances, what advice to give them? I can tell them for hours what investment opportunities monospace are and how to allocate assets in a variety of instruments, monospace but I do not. Investing is not the hardest monospace thing in the world just wants patience and consistency. I know that this is not something exciting and that's what people say. The most important advice for investing
The most common question I get asked is whether there is such a safe investment that carries a minimum 15% annual return. They hope to get some inside information that will help them become millionaires overnight. Unfortunately, I've never heard of such a tool, so tell them to stick to simple monospace rules.
This, of course, does not satisfy them, but investing really monospace can be as simple or complex as you want it to be. There are as many complex financial instruments, and quite simple. monospace What is the point to read tons of information and put your money in a complex investment with many options after anyway law of proportional relationship between risk and return in force. That you have invested in a very sophisticated instrument does not mean that this law does not work, right? Instead, I invest in simple things that I understand, and I do not take much time to figure them out. Golden era for investing
Now it is easier to invest than ever before. Investment companies are competing for your money as you offer ever lower taxes and more good products. You can trade in real time, often for free or at very low commission. This should mean that it is now easier than ever to invest and to do this the right way. But is it so? Do not you offer the same investment firms increasingly sophisticated tools in their desire to stand out from the competition and to deceive you that their product will just be the most profitable? Complexity monospace is not always profitable monospace
Very often people fall into this trap without even thinking. From my experience I can say that you do not have to follow complex investment strategies or choose obscure options to achieve good yields. Investing an exact science and it is very difficult to achieve an intermediate level of return. The problem comes when you want to "beat" the market, and with much. And a marmot ... moved some money into all the earth balls
I'll give you an example. monospace My close recently wanted to make a life insurance monospace with an investment fund in one of the companies on the Bulgarian market. The agent had told him that the whole 2,000 (yes, two thousand!) Highly educated and knowledgeable investment advisors in Luxembourg will take care of his money (or rather the money of all the people who have invested in this high-risk pool). These professionals "after" world markets and invest in everything - oil, gold, stocks and bonds to the coffee and orange juice. Accordingly, throughout the world.
They look for the most profitable monospace investments from Africa to South America, where there is more profit monospace transfer money there. If there market starts to fall, they withdraw the money and invest in another instrument or another continent. And all this for just 16% commission per year. Do not you think this investment too complex with many uncertainties? Yes, it is passive income because you will watch TV, and 2,000 worker bees wage of 10,000 euros will work for you, but what you need to bring income to cover their commission of 16% per year? I think it's a rhetorical question. KISS
I'll tell you that I still have the same portfolio of investments, and a few years ago when I started investing for my purposes (and not for the thrill and adrenaline). During this time I learned a lot of things, but not that it should etc