MONEY CLINIC | I want to invest but am fearful of losing money. How can I overcome this? | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 80%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

So you are looking to invest your hard-earned money. It may be scary in the current economic environment, with whispers of a global recession and the uncertainty around interest rate hikes. | News24_Business

So you are looking to invest your hard-earned money. It may be scary in the current economic environment, with whispers of a global recession and the uncertainty around interest rate hikes., now is not the time to abandon your investment plans due to fear.

Understanding your investments and the risks you may face when investing can go a long way towards helping you successfully navigate trying times, says Fourie.Research suggests that the pain of losing is stronger than the joy of winning, Fourie notes. In other words, losing R1 000 hurts much more powerfully than the joy you'd experience gaining R1 000. For this reason, understanding how your investment is likely to behave is crucial.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

FTX's former US president is reportedly raising money for a new crypto startup | Business InsiderBrett Harrison is reportedly trying to move on from his past employer's collapse, though some investors have grown weary of the crypto world.
La source: News24 - 🏆 4. / 80 Lire la suite »