INVESTING;
the HOW
demystified
Mohamed Bouya Maalainine
After demystifying the topic on investment in our first issue, let’s dive deeper. How do
you invest?
Before investing your money, prepare yourself.
1-Protect yourself
2-Define your investment goals
An investment guru, Warren Buffet
advised, “Don't save what is left after
spending; spend what is left after saving.”
It is cool to invest to make money. But it
is mandatory that you set a specific goal.
Are you making that money to fund
your studies? Are you interested in
buying a (new) home? Are you trying to
have a different source of income?
The goal defines where to and how to
invest and how risky the investments
can be. If you are willing to pay your
college fees, you will probably play it
safe while investing.
In the real world, even the safest
investments are not that safe. To avoid
regretting the consequences of a bad
investment, start by having an emergency
fund. As the name suggests, this fund will
be used in case of emergencies such as
losing a job, physical injury and
bankruptcy.