Sometimes your best investments are the ones you don’t make

[Starmix]

This statement emphasizes that avoiding bad investments can be just as beneficial, if not more so, than making successful ones. One of the most important goals of investing is to preserve your capital. Avoiding losses is crucial for long-term success. A bad investment can wipe out a significant portion of your portfolio, setting you back considerably.

Further, every investment decision has an opportunity cost. If you invest in a poor opportunity, you miss out on the chances to invest that money in a better one. Avoiding bad investments frees up capital for more promising opportunities. He statement highlights the importance of risk management. Recognizing and avoiding high-risk or poorly understood investments is a key component of protecting your portfolio. It requires patience and discipline.

In essence, the statement serves as a reminder that wise investing is as much about what you don’t do as what you do. It encourages a thoughtful, patient, and disciplined approach, emphasizing the importance of protecting your capital and waiting for the right opportunities.

 

[neku]

Investing money online is very risky here, because the top tech and internet companies are extremely vicious in criminally defaming some online investors and also try to rob their other savings.

 

[eLdavis]

You have a point there, while it is good to make use of every opportunity you come across, not all are actually worth trying.

 

[Starmix]

You have a point there, while it is good to make use of every opportunity you come across, not all are actually worth trying.

That's right, you just accidentally encounter an investment you never think the best and risk less stressful, manageable. I like to invest something like that unexpected blessings.