81) Investor Challenge #2 - No Time To Invest
Another common challenge raised by most investors.
No time has more meaning than just time.
No time perspectives:
a) No time to learn about investment
b) No time to manage the investments
c) No time to listen to Financial Consultants
It normally means no time to study and learn about investment. The people are so busy with their work and business that they don't have time to learn about investment.
Everybody has the same 24 hours in a day. It is allocating priority to the available time to know about investment.
Many people perceived investment as:
a) Need a lot of money to start
Most will think about buying a property like a house or condominium. They don't even dare to think about investing in a busines.
b) Only for the rich people
Another common perception is that investment is for the rich. They don't even have enough money to spend.
c) Very difficult to learn and do
Investment had been perceived as something complicated. Need a lot of knowledge to learn. Also need good contacts to get a good tip. Takes a lot of time to learn and do.
d) Very risky
They had heard or read that investments are full of risks. Many people had lost money. Some even lose their life savings.
With the proper investment knowledge, investment can be something simple to do. Get to know about the different types of investment.
One investment type that requires little knowledge and little time is Unit Trust. You can let the Unit Trust Consultants assist you in the investment process. The professional Fund Managers working at the Unit Trust Management Company will manage your money and investment.
You just need to review after every few months.
Be reminded that the financial needs are still there whether they do something or do nothing.
Ignoring the issue will not make it solve by itself.
And by the time they realised its significant benefits.. its an opportunity lost
ReplyDeleteHelp to remind others that investments need time to grow. Time is an investment powerful factor.
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