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Secrets To Wealth
Looking out before you invest
The next secret to wealth that we consider is looking out, before you invest.
We regularly hear of investors caught by scams and making mistakes, such as investing the house deposit in a share tip.
the Shape of Money recommends a common-sense approach to investment. You can hardly go wrong investing in a diversified, long-term, pool of investments. Unfortunately, common-sense can quickly be replaced by good old-fashioned greed and impatience.Only the most experienced and coolest doesn’t get caught up in the hype of a quickly rising (or falling) share market.
the Shape of Money has developed a series of features and guides to help you consider each investment rationally. The topics are comprehensive:
Before you hand over your hard-earned savings, consider the above information. Being prepared will help ensure that you don't become another case study in the investment school of hard knocks.