Monday May 01, 2023

10 Questions To Ask Yourself Before Making ANY Investment

What questions should you ask before investing money?

What to consider before you start investing?

What are good questions to ask?

00:00 Intro.

01:30 Bonus question: Have you thought about what you're about to invest in?

03:20 #1 How much capital do you have to invest?

#2 Are you going to make regular contributions into that investment with your money?

06:13 #3 Are you going to be an active or passive investor?

#4 What kind of time frame are you looking to carry out that investment for?

09:00 #5 Time frame of the investment: should you have an exit plan?

12:50 #6 What are your skills and your values?

#7 Have any education?

#8 Do you have the skill set to understand what's going on in the economy right now?

13:26 Why Financial Education Is Essential for Your Financial Freedom? https://www.youtube.com/watch?v=mkRSKalFZc8

16:34 How Investors Should Build Their Team https://www.youtube.com/watch?v=-JGQhaj2X_Y

19:36 #9 What are the risks of the investment itself?

#10 What is your personal attitude to risk?

27:04 The advice to investors.

This episode will benefit people who start their journey to learn how to manage their money and accumulate wealth.

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