88) Things To Know Before Taking Investment Course

88) Things To Know Before Taking Investment Classes

You may have heard and seen many advertisements about learning how to invest on your own. You can earn a lot more than putting your money into a fund managed by a fund manager.

You can even double your money within one year.  This is not the get rich scam or the money game. It is legal and valid investments.

You can see this type of advertisements in the social media. It is even a lot in Facebook itself.

The advertisements invite you to a short preview to see how they work. You can learn from the gurus who had made millions and wish to teach you about investment. The market is big enough and they are willing to teach you their secrets.

All you need is to sign up for the class and spend a few days of learning over the weekend. Many also provide few months of regular learning sessions to let you have the hands on experience.

However, please be aware of what you are getting into.

Are you learning to Invest OR Trade?

Why?  Know the Big difference. 

When you invest, you wait for the investment to grow in value. 

When you trade, you try to get money from others.  You buy low and sell high. Easier said than done.

It is a Zero Sum game. 

Someone win means some else have to lose. Many people have to lose for the few to make money. 

Usually the big traders win because they have the big money, computers,  resources, expertise, experience, time, etc.

Costs:
1) The learning class costs a few thousand dollars.
2) A few days to attend the initial intensive class.
3) Many days to attend regular follow up classes.
4) High Speed broadband internet. Hand phone data plan is not enough.
5) May need to pay more to attend more advance classes.
6) May need to pay for subscriptions for tools and reports.
7) Lots of time to study about technical charts and fundamental analysis
8) Lots of time to practice what you learn.
9) Put in real money to fund the investment account.
10) Strong heart to handle the winners and loses.
11) Mood swings from happy, sad, frustrated and angry.
12) Affect on your regular work.
13) Sacrifice your other activities.
14) Sacrifice time with family.
15) Patient, supportive and understanding family members.

Benefits:
1) Meet new like minded friends who those who like investments.
2) Satisfaction when you made money on your own effort.
3) If and when you are successful in the investments, you can have more time and money for other things in life.

Do be aware about the different investments in the market.
Do search and google about the company, products and the gurus. 
Find out what others comment about them.

It may looks simple and easy to do, but not so once you get into the details.

Always remember,

If it is too good to be true, it probably is.


Not to put all your eggs into one basket.


All the best in your investment life.