Investing could be challenging, rewarding, exciting, or on the other end family breaking. It is important to know what you are doing and how are you doing it.
Great Way To Make Money
Living in the age of a capitalized world, there are no other ways to make money better than using the money we have now. You can leverage what you have to make a profit from it.
For example:
You bought a guitar, and you practiced it. Later on, you can perform for other people to make money. And the best part is, that you can still keep your guitar while generating income! This is just like investing!
You put down a value (money) -> Practice your skill -> Asset appreciation
The Hard Truth
Have to break it to you, it is not easy at all. People who had made a fortune, it could be luck, it could be skills or probably both. And they might failed a handful of times before making a remarkable success.
However, there are some general guidelines we can follow, mistakes to avoid, risks to manage and impulsive decisions to control.
If you can manage everything and as many things as possible, I guarantee you are getting better at investing. (Maybe not making money still, because you know, luck may be involved.)
But what we can do is preserve our capital while we practice this skill.
Our goal here is not to make a million dollar tomorrow. We are practicing the skills that is necessary to become a better trader / investor. Hopefully, along the journey we can make some money.
