People typically experience several emotions when making investments, says John Manyike, Head of Financial Education at Old Mutual. Typically investors begin feeling confident about their investment. Later, they may fear that they have not made the correct decision and, as market conditions and interest rates improve, can find themselves feeling optimistic about their choices.
Relying on friends or family for investment advice. Most people have views on investment, and their opinions may not be that well informed. When you need advice, seek out a professional. “Being a good investor means making sure that you have the knowledge you need. You must be able to set savings goals and then find the products that will help you achieve your objectives. This means setting emotional investing behaviours to one side and getting advice from professionals.”
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MICHEL PIREU: Track record of rising dividends a good litmus test for investment decisionBetween September 1929 and June 1932 when the US stock market fell 81% on a real basis, real payouts only fell 11%
Source: BDliveSA - 🏆 12. / 63 Read more »