Tip 1: How to invest in yourself
Tip 1: How to invest in yourself
Speaking about investing, they often meanmonetary investments. The most profitable investment is the purchase of an object that will grow in value over time. As such an object you can consider yourself, planning to increase your value in the labor market, in business, sports or other life spheres where there is competition.
Instructions
1
Determine the direction of growth. To do this, decide in which area of life you want to achieve great success in the years to come. Make a specific choice. If it is a question of sports, set ambitious goals. If you think about business, specify the direction of business.
2
Identify the top 10 specialists in this direction. Talk to people who are spinning in this area. Make an overview of newspaper and magazine articles. Look at the history of achievements, stored in the statistics of specialized sites. You must have a "hot ten" of specialists, from which you can take an example.
3
Find out the training opportunities of these specialists. They can have published articles and books, some of them gave interviews. Perhaps some have produced training courses, and some are conducting trainings, seminars and distance schools. Find all information about such training opportunities, visit their personal sites.
4
Study all the books. Books of the best practitioners are best studied before enrolling in courses and trainings. Initial self-training will set the mind to the proper level, help you to understand the terminology of the chosen direction and will subsequently allow you to speak with your mentors in one professional language. It is useful to note the books and then reread their abstracts.
5
Take trainings and courses. If there is no opportunity to learn directly from the best specialists, visit the trainings of other people. Just make sure that they are not conducted by theorists, but by people who have themselves achieved something in the sphere in question.
Tip 2: How to profitably invest
One way to preserve and multiplycash is an investment. Investing money allows you to attract the resources necessary for the development of the state and business, and a successful investor provides an opportunity to receive a steady income in the form of interest, dividends or capital gains. The success of investment activity is determined by the level of your financial literacy and a well thought out investment strategy.
You will need
- - free cash;
- - financial literacy.
Instructions
1
Identify the range of financial resources available to you.tools. The choice is determined by the amount of free funds that you are willing to invest, as well as the level of your financial education. As the most common and profitable objects of investment can be noted securities, certain types of business, as well as real estate.
2
Set clear goals for yourselfintend to achieve by investing money. This can be, for example, the protection of savings from inflation. The most attractive here is investing in state and municipal securities, which are better protected against the ups and downs of the market, with a stable yield. The easiest way to reduce the risk of depreciation of personal finances is to place them long-term on a deposit of a bank that has a stable positive reputation.
3
If you are prone to risk, try your hand atwork on the stock market or the interbank foreign exchange market Forex. These types of investment provide a high potential level of return on invested capital, but at the same time make a high risk of total loss of investment in the event of an erroneous forecast of market movements. Here the role of quality financial education is especially high.
4
Consider buying smallobjects of the real estate for the subsequent delivery of their rent. Investing in housing or commercial real estate can be profitable in and of itself, as the prices of most such properties tend to grow.
5
If you are not sure of your ability correctlyselect and evaluate the investment, start with the training in finance. Today, a number of large financial companies conduct free training seminars, participation in which helps to understand the basics of handling cash and get acquainted with the principles of investment. You can also choose a distance learning form.
Tip 3: How to invest in residential real estate
Investments represent an excellent opportunity to strengthen the financial situation. One of the most popular areas of personal investment is investing free funds in real estate.
