Develop a plan of action in your investment

[Starmix]

if you are an active investor, that means you are equipped with various plans that match the possible risks you may encounter. It may take weeks or months to notice them if you are a new investor. New and even veteran investors should have active plans. If you have active plans you will know where you are in the investment life cycle, what your goals are, and how much you need to invest to get there. You may ask help from a financial planner to make sure you won't fail in your investment especially if you are new. Remember why you are investing and never expect to get rich right away. It needs a long tern and you must also be consistent.

 

[Suba]

To develop an investment plan, first before investing we must measure our financial capabilities, which investment instruments are most suitable and affordable, before investing we should also have land funds, invest with idle money, determine investment goals according to risk profile, create a portfolio etc.

 

[Kera]

Every investment must have a well defined plan that must indicate the entry points, expected profits and the exit points for such investments

 

[eLdavis]

To be able to develop an effective plan for your investment, you need to have a clear understanding of the kind of investment you are going into.

 

[Stardom22]

Investing is something very crucial and one should really be keen on the management for that

 

[Starmix]

As an investor, you need to do plans. Will you be going to diversify your investment, sell your investment and buy another better than the first, or are you going to invest more.