An investment in the context of money is a conscious decision made to keep money aside for future purposes. As an entrepreneur, you must be able to invest with the future in mind. Investments are in different types and it is up to you to choose which type of investment suits you best. Investments go from stocks to mutual funds, to bonds to insurance, to bank products to investment funds, to annuities, options and many more. Having the future in mind while investing helps you decide what you would like to invest in.
As a young entrepreneur, you might not be very lucky to attract Angel investors who would be willing to invest in your work and so a good option is being your own investor. Being your own investor encourages you as an entrepreneur to work hard to maximize your profits from your investment in your own company.
As an investor, you should be open to risks of not having the best returns all the time and the constant changes in the market. My advice is this, invest in what you believe in and are interested in for example, you can buy stocks from a company like Apple because you like the company’s products and on the plus side Apple is a big company that is not going away anytime soon and you are definitely going to make profits. Also, don’t forget to check out the investment rules in your country.
Note that you don’t have to understand every single detail of investment yet. You can start by reading up about any particular investment you are interested in. Remember, ‘a town is not built in a day.’ Take baby steps . You’ll get there!
You can check out the following websites for more information;http://www.investopedia.com
http://www.finra.org/investors/types-investments
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