Never stick to one type of investment

[Starmix]

Invest more. It's the same sentence that we often hear from the different mouths and from the different sites on the web dealing with investments.

Why not stick to the same investment, the simple downside of that is to observe which investment guarantees wealth acquisition. Will it be the risky stocks, the low profit mutual funds, or a rental building that produces money according to how you processed it.

If you stick to one investment you will never discover other kinds of investment that may change your life forever. What do you think?

 

[Augusta]

Yes, varieties is the spice of life. We just have to try different avenues of investment to get things going

 

[Starmix]

If we have many investments, we will know which one is the topnotch investment, know which one has less profitability investment.

 

[freelancermaria]

This is true. It is beneficial to have different investments. You can start with a small amount to evaluate if this form of investment is good for you. Invest the money you can afford to lose.

 

[Fidelia]

The major reason why you should indulge in many investment opportunities is to help you minimize risks. Investments are bound to fail at a point but five different investments schemes can't allow fail at the same time. You can fall back on the other one if a particular investment scheme fails.

 

[Kirubel]

You are right, its better to try other investment types, stacking only on one investment type will not show growth faster, so trying many investment types will help us to get good profit and also good experience.

 

[Starmix]

It is the best thing to do to determine which investment can give us financial freedom once we grow old or retire from work with a little pension only.

 

[itsmejob]

Explore when we can. It like putting all the eggs in one basket is too risky. We need to learn to spread them out. If the other one is not working, maybe the other investment will.

 

[Starmix]

That is very necessary to have many investments to find out the one that we need to capitalize on. Let us not waste our money with an investment that never grows.

 

[eLdavis]

Having different investments is also the same as not putting your eggs in one basket. This will also help you prevent loss, especially when one of the investments is having issues.

 

[Starmix]

We are adviced to save more and invest more. Let's diversify our investment and find our which one gives us the best profit. It's one way to reach our financial goal which is to live on financial freedom.

 

[King Belieal]

All investments are risky. And having just one kind of investment means that you would fall flat to the ground if something unexpected happens to that sector.

 

[Augusta]

Varieties is even the soufe of life We just have to put our hands in different pies to get them all at the end of the day.

 

[Starmix]

There is a short and long-term investment so it's better to decide which one and to invest more . There are investments that guarantees profit right away like Forex if you are only lucky.

 

[Augusta]

it is not just about that one not working but to have others to fall back on in anything things go wrong

 

[Starmix]

If there are 3 or more investments,the investor will know the best among them. He then can add his capital to the one that fits his budget.

 

[Springtime]

When making investments, it is essential not to put all eggs in one basket. You should have a diversified portfolio. Review your portfolio from time to time and see which investments fit you best.

 

[Starmix]

That's it, being an investor means something he cannot just set aside. He must know the best instrument in investment and know how to diversify his investment.

 

[Augusta]

An investment might work for others not for you. So try out others to know the ones to stick with.

 

[Starmix]

In my case, I only have three types of investments, Mutual Funds, Stocks, and coins. It is hard to invest in Forex I do not know about it.