Tag: fundamental analysis
Self-Assessment to Determine the Right Investment
Choosing the right investment can really be troublesome, especially for the young professional who want to make use of their spare money. While it is always wise to save, investing is a better way of using your money and put it to some use. There are people who can help you make the right decision like parents, financial advisors or friends. However, the final say as to where you want to invest your money should still be from yourself. Generally, all investments entail risks and you have to expect that. There is always the possibility of losing the capital and gain nothing from your investment. But if you chose the proper investment that can work for you, you just might save yourself from this. To further help you assess there are questions you can ask yourself.
How much money do I have?
Before you can decide to invest on anything you have to figure out the amount you are willing to put on stake. There are investments that require lump sum investment like bonds or property. There are also those that offer flexible where contributions can be made. You can have a good start by knowing the affordability of the investment.
For how long do I want to invest for?
You have to evaluate yourself as to when will you need to get the money from your investment. When you have a specific period in mind, then you should not consider putting you investment on products. Shares are good for long term investment. However, fluctuation must be factored in for shares.
What will I do with my investment?
If you plan to use your investment for something in long-term and would tend to consume a lot of money, then you may want to consider taking higher risk investment. Although, there are things that you might want to consider investing in lower risk.
How much flexibility do you need?
Are you thinking of taking back the money in a certain period? Are there any situations when you would need the money and liquidate the asset? If there are factors such as these, you have to know the charges you have to pay from getting out of the investment.
In order to protect your investment further, asking experts on this matter is ideal. A good example would be resorting to Yorkville Advisors Global LP. They mix technical and fundamental analysis in order to put up the right investment for you and your money.