Investing decisions are things that should be done carefully and with at some thought. I'm always amazed at people who call themselves investors, yet they have no idea what they have their money "invested" in. Just handing your money over to some fund manager isn't exactly an active investment, and you usually don't have a clue what investments are actually being bought with your money.
So when you are looking to invest, give it some thought. Try to learn as much as you can about investing in area you're interested in, and then go for it.
17 April 2008
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1 Comment:
This is true. I think if you do not have the time or inclination to learn about investig then it is better to use a fund manager than to guess. However, it does not take long to read a few websites and learn enough to make an informed decision yourself and save a lot of money in management fees.
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