~ARE YOU A SMART INVESTOR?~
An investor becomes a smart investor once he or she acquires sufficient knowledge on investing. Why should you invest your time to learn more about investing? Here are some reasons why (but as a smart investor, you can obviously add on more):
#1: You can determine the right investments that are consistent with your financial goals and risk tolerance.
#2: You can ask the right people the right questions or seek the right information from the right and reliable sources. Subsequently, you will able to understand and capitalise on these answers or information.
#3: You can monitor your investments efficiently and effectively.
#4: You can maximise your investment returns by capitalising on the opportunities offered by an investment. You can also change your investment strategies if they no longer fulfil your investment objectives.
#5: You can safeguard yourself and even your family from investment scams
#6: You will know about investment risks and their effects and will be able to manage them.
#7: You will know about your rights as investors and be able to exercise them if need be.
#8: You can teach your family to become smart investors.