Name: 為什麼你應該只投資你知道的東西...... (Why You Should Only Invest In What You Know...)
Uploaded: 2021-01-14T09:48:39.000Z
Duration: 5 min 38 s
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What does it mean to invest in what you know and why us?

過去簡單式

A professional investor, you really don't want to invest in something that you don't understand just because you saw someone making money investing certain things or your friend gave you a hot stuff tear.

情態助動詞 A2

Or they say they make money with this trading thing or crypto currency or whatever it is, it doesn't mean that you should put money into it.

You see very often people invest in something that they don't know what they don't understand.

It's because of one word that what is greed because they want to get greedy.

I don't want to miss out the opportunity and so on.

So says the good ideas are just putting money into it.

Will, you don't understand is at the end of days not about a risky investment.

It's just like driving a car right, driving itself.

There is some risk to it, right, because you have car accidents happening every day right somewhere, but it's not.

He has to do with your driving skill, no different than when you investing you need investing skill If you're not so sure what to invest in, it tells me that your lack investing skill and your intellect investing knowledge.

So why would you invest in something that you don't understand and pray that you will get a good return?

It's only people hoping that to get rich quick.

It is about investing in something that you know something that perhaps your passion about that's how you maximize if we turn us and as an investor is not just by and hope and pray no, you know, going into it what is gonna happen.

So no, only you should invest in what you know.

I personally don't like to invest in things I can control.

When I invest in something, I want cinnamon of control because I know that more control I have over the investment, the higher my return, lower my risk.

It is not like I don't like stocks for index funds.

I believe in a higher I have index fund with as a long term strategy as like a mom or the most basic minimum financial planning that it's good.

I'm saying that's gonna be the only thing that you invest in.

It's like if desert portfolio, you put this much mean index fund long term, That's OK, right?

That's a 34 year plan that's perfectly fine.

But most people, it's better than nothing.

What you invest in what you invest in shouldn't be what I invested because what you're like and what I like is different.

How much capital we have, the sophistication that we, the level that we are at or the excuse that that we have totally different.

So don't be like, Oh, this is what I invest in And that's how you should invest.

Someone makes money doing that because they may have certain skill sets that you don't process.

This is why they're able to make that investment work, and you may not be able to make an investment work for most people.

I'm talking majority of the people we're watching.

This put some money aside long term 30 40 years.

That's It's a decent plan may not be the only plan that you have, but that's a decent plan.

But if you want to be more proactive and active investor thing, you've got to educate yourself.

So it's not just investing something, you understand.

I believe he's investing something that I can control, meaning I want to have control over the investment.

I want to have control over the management of the investment.

I want to have control over my emotion myself.

I want to have control over how I flow the money, right?

If I was investing a company, I don't just want to be a passive investor Where?

So if I'm investing in your business, they say I'm investing in your business right?

I would want to have a say in terms of key people that you hire.

I won't have a say on the direction of the company.

I won't have a say in terms of marketing campaign, I wonder, Does have a say how you're spending money, how you're spending the revenue you're generating I won't ever say in terms of equity if you're gonna bring on addition investors, I'm an active investor, not I'm a control freak because I just have more experience.

So I know I can add value versus you, making mistakes and trying to figure things out on your own.

So I'm very hands on that way, versus here's money and then I don't touch it again.

So not just invest in something, you know now.

So in order to do that, you need to know your stuff.

So I get these questions a lot on on social media.

Let's say if you're going to invest in the stock market, that's what your interest in you know what.

You should invest in gold by 100 books on stock investing.

Spend 10 20 bucks of book investing money in those read 100 books.

Before you put a single dollar in into any kind of stock, that would be my recommendation.

You want to invest in real estate, go by 100 books on real estate.

Learned that first and then get someone who is a successful real estate investor to kind of show you the ropes.

That's how you minimize your risk, and that's how you maximize your return.

Always remember, not all progress is measured by ground gained.

Sometimes progress is measured by Los avoid.