dolor conse
07
Contemplating
the
Future
Investing now a days is a big thing. Now that people realize that having a piggy bank is not the best bet to save up money, the stock market is growing everyday. Specially with more entrepreneurs and companies that realize this same thin. My first goal for my investment is to save up for a house or a place to live. For me this will establish me, it will bring me peace, having a place of my own, and not have to pay rent every month. As for risk, I am no the type of person that loves to risk it all, I like somewhat of a risk but to feel comfortable. To not feel the stress of losing everything.
Parental Advice
I talked to my parents specially to my dad, which he loves to talk about money, and companies. And he suggested me to invest on the environment. Companies that provide a service to save up energy, like LED or Solar panels, things that have to do with electricity and the environment. Also he mentioned about pharmaceuticals, which are companies that will always be in the market.
My Goals
Thinking about all the factors that include investing, like risk, goals my income and several other factors I think my best bet is to invest 10% or under my income. Money that I would be saving up in a bank, but instead investing and actually producing much more money and not losing. But here comes the tricky part diversifying your investments is a key thing. One thing I earned from talking to people that invest is that investing in two companies that have the same mission and producing the same thing is a great idea. Because one way or another, if one company loses money the odds of the other company which is the competition o gaining more money are very high.