3 Top Investment Tips

All of these topics are discussed in detail in my book, Understanding Investment for Beginners, which is available on Amazon.

1. Invest only in what you understand

Consider investing only in what you understand. Do you truly understand crypto currencies and NFTs? Or are you investing because you do not want to miss out on the opportunity?

2. Invest in good times and not so good times
A good investment strategy is to invest during good times and not so good times. By only investing in good times, you may miss out on opportunities to invest at low prices. This strategy is known as "dollar cost averaging". You can Google it.

3. Invest what you can afford to lose
There is no way of knowing what will happen in the next couple of minutes. Stock markets fluctuate, and there is no way to predict what will happen in the future. Share prices are at best speculations. Invest what you can afford to lose just in case you lose, you won't lose your mind.

NB: This is not financial advice as your circumstance may not apply

#iEphraim #iEphraimbooks #iEphraimTuesdays #LinkedInbookclub
#opportunity #investment #shares #strategy #opportunities #investing

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