Before You Invest Your Money
1.1 Make Your Money Work For You
You’ve decided it’s time to make your money work for you. And why not? If you make wise investments, your money will make money and you won’t need to work as hard or for as long. Nonetheless, the decision to invest is a big decision to make. Especially if you’re considering self-directing your investments. After all, only one person will be responsible for decisions … You. But that doesn’t mean you can’t have help. Which is exactly why we have written this guide. It’s been designed for you, the budding self-directed investor. It will give you the knowledge, insight and tools you’ll need to know about before you invest your money.
This guide is here to empower you. It shows you the basics. It introduces you to the ups and downs, the risks and, of course, the benefits of investing. It also allows you to dig deeper into the topics and subjects you’ll want to know about. This is because we know how important it is to have easy access to any extra information that you want and that might help you when it’s decision-making time. Whether you’re taking your first steps into the world of investment or you’re further down the investment path and in need of extra insight, this guide is here to help you.
The first chapter introduces you to the basics of investments. You’ll find out why people invest, how much time it takes and how much money you need to get the ball rolling. With this information, you’ll be able to make an informed decision about becoming an investor or, of course, a self-directed investor.
1.2 A Note About This Guide
If you’ve decided to take a look at the world of investments, this guide is aimed at you. It’s filled with honest, unbiased and completely objective information. We want to help you understand what investing is. And we really don’t want to push you into investing if you’re not comfortable with it. We believe that you should be completely comfortable with any investment you decide to make. At the same time, this guide is here to empower you. If you do decide to invest, it’s vital that you know what you’re doing, as well as how to do it. We help you recognise, avoid and overcome problems that have been encountered by other investors. This doesn’t mean that you’ll necessarily encounter these same problems. And it doesn’t mean that you have to follow our proposed solutions either. Everything you do as an investor is up to you. You need to feel comfortable with the decisions you make.
This guide is here to help you make those decisions. But not by telling you what to do. Just by helping you understand how to make the decisions yourself. Decisions on what, where and when to invest. After all, you’re making these decisions for yourself. You’re making them for your benefit. And it’s best you make them based on a foundation of knowledge.
We see this guide as an introduction to the world of investments. It’s concise, up to date and full of useful facts about investing. Just remember that the world is constantly changing. And that what’s relevant today might be out of date, or even incorrect, tomorrow. So please look at our guide as a guide. Use it in combination with your own intelligence, insight and decision-making powers. And most of all, when it is time to invest, make sure you invest wisely.
1.3 Additional Reading
This guide is for educational purposes only, and should not be seen as financial advice.
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