Investment Procedures

[Starmix]

If you are an investor, you might have successfully invested something that made you rich now. Before anyone ventures into investment there are things for him to consider like the procedures in engaging an investment. What does investment process mean? It is a process that includes analysis of the current financial situation, investment goals, investment strategy, asset allocation, management, and rebalancing of the portfolio to generate maximum returns. It is not enough for an investor to have capital only but he must also follow these investment procedures that must be reflected in his planning.

 

[Suba]

The main goal of investing is not to become rich but to achieve financial stability in the future. People who have a fixed income generally do not analyze their financial condition, they take money from the bank to buy investment instruments. In particular, their financial condition is stable so withdrawing money from the bank will not affect their daily financial life.

 

[Starmix]

You might be right and there are individual differences so we will never know their thinking. All I know is most people invest to become rich and it will be attained if they have financial literacy.

 

[Suba]

You might be roght and there are individual differences so we will never know their thinking. All I know is most people invest to become rich and if will be attained if they have financial literacy.

In fact, in financial theory it is not justified if someone invests and aims to become rich, because they want to become rich they will take high risks, such as buying an IPO without control, no matter how high a person's financial literacy is, they will be defeated by emotion, lust and greed.