Investing - Which investment is best?
The best investment is the one that suits you the best. Self knowledge is as crucial as market knowledge in finding the bestа investment.
Do you naturally look far ahead or do you focus on the present? Are you cautious, or drawn to risk, or both, at different times? How much money can you invest? How much time? How much loss can you tolerate? What interests you most out there in the world? How is your self control? Your own fear and greed, amplified by other investors, wait to stampede you into poor decisions. Top investors are as disciplined as samurai.
As you learn about various types of investments, you will find yourself more interested in some than in others. Your feelings are a good guide. The investments that interest you the most are likely to be the most productive; you will find them easier to learn about and more fun to monitor; your judgments will be more solid. There is no best way to invest for everyone, but there is a best way for you. If you begin by looking for that way rather than by focusing on profits, the profits will follow.
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