To have more money, there are 2 ways. One way is not to lose what you already own, through bad investments. According to CFA institute, here are the fastest ways to lose money through investment: -
1. Buying investments without first establishing an investment strategy.
2. Investing in individual stocks instead of creating a diversified portfolio of securities.
3. Investing in stocks instead of in companies.
4. Buying high - performance chasing.
5. People sell low.
6. Unrealistic expectations.
7. Churning their investments.
8. Acting on tips and sound bites.
9. Pay too much in fees and commissions.
10. Engage in decision-making by tax avoidance.
11. Neglectful of their investment
12. Don’t know their real tolerance for risk.
If you are investing, make sure you do not make this common mistakes. So, get the right consultant!!!
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About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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