There is a bubble of "investment" instruments offering incredible returns everywhere.
To invest safely, focus on asking the right questions.
"How will I get my principal back?" forces you to think strategically.
"How much will I make?" pushes you towards emotional decisions.
To invest safely, focus on asking the right questions.
"How will I get my principal back?" forces you to think strategically.
"How much will I make?" pushes you towards emotional decisions.
"How will I get my principal back?" + "How does it work?" = due diligence + Logic
"How much will I make?" = emotional reaction. It focuses you on returns rather than investment process.
If you don't understand the process, don't invest.
"How much will I make?" = emotional reaction. It focuses you on returns rather than investment process.
If you don't understand the process, don't invest.
That's why my answer to "Should I invest in crypto currencies or Forex trading?" is always NO.
Don't do it unless you understand how it works.
Don't do it unless you understand how it works.
