HOW TO BE A SMARTER INVESTOR USING THE TOOL YOU HAVE

in #hive4 years ago

Hi Everyone!!!!
My name is cryptowok1 want to tell you a advanced way of being a smarter investor
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INTRODUCTION TO INVESTMENT?

What Is an Investment?
An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth. An investment always concerns the outlay of some asset today—time, money, or effort—in hopes of a greater payoff in the future than what was originally put in.

WHO IS A INVESTOR?
An investor is a person that allocates capital with the expectation of a future financial return or to gain an advantage.

You don't really need to be sophisticated or read business news to become a smart investor all you need is patience discipline and a little bit of money

KEYS TO INVESTING

  1. Get educated and do research
  2. Stay organized {know what you want }
  3. Reaching out to colleague family and friends for information
  4. Experience
  5. Master your money

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MISCONCEPTION

  1. You can start with a little invest or money
  2. nwoledge you can start with something simple the more advance you get the more you go into investing.

You are not too young to start investing

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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.investopedia.com/terms/i/investment.asp

I only used their idea on definition