The investor how to choose a financial advisor
The investor how to
choose financial advisor why I choose this content because this is also the
most important part of the financial chapter so I thought I want to share about
this with you. if you are a beginner at investing you have to understand more concepts
of investing if you want to invest? the stock market is the best source for
investing but you have to more conscious there, first of all, you have to
improve, you’re current financial knowledge day by day you have to update your
mind. The unsuccessful investor's major drawback is lack of financial knowledge
so don‘t do that mistake. Investing is an art so you have to observe and
understand that more. Experience and practical knowledge are most important for
all investors so you have to observe the market daily basis and you must
understand the technical sides of investing sometimes you have to use some
investing strategies so you must prepare for that. Here patience is the most
important factor and decision-making skill is also requiring for investing
because sometimes you will be confused about where to invest which is the best
investing source like that. Investing is also a risk contain factor so you
should ready to take risks sometimes here have a chance for losses so
psychologically and financially you should prepare for that, then only you can
survive in the stock market. before entering into the stock market, you have
decided what you have to be like trader or investor if you’re choice is trading
you have to decide which kind of trader you have to become a day trader, swing
trader, long term trader like that. if your choice is investor you have to
decide which kind of investor you have to become like a defensive investor or
aggressive/ enterprise investor. Investing is a process that process if you
have done correctly you will succeed there.
How to choose the best
financial advisor for investing
How to choose the best
financial advisor for investing before going to financial advisor you have to
prepare more because you have to learn from, your financial advisor you must
communicate with your advisor that communication should have to be like
business communication. If you’re a beginner investor don’t raise some
questions to your advisor like how to gain profit from investing, how to manage
a portfolio like that. Before communicating with your advisor you must prepare
that’s the most important thing.
Types of financial
advisors
Types of advisors have
a rounded you like friends, family, some financial related websites, books,
etc. you have to choose which is the best source for you. Here have some
financial councils you can choose that organizations for investments these
investment councils aim for safe investments there you can expect approximately
10% returns.
Brokers can choose or
not
A broker's main objective is to share buying and selling so brokers are good for some investing
but you have to conscious about one thing your advisor and broker don’t have to
the same person so you should try to avoid that. Because brokers aim always
about trading’s so you should conscious about that.
Investment bankers are good or bad
Investment bankers will
analyze start-up companies they will take risks so you can also choose these
investment bankers here decision you have to decide which is best for you’re investing.
Should attain from some
words from your advisors
Should attain from some
words from your advisors some financial advisors use some words like- surely,
we are smart investors, we can beat the market, you can trust, will not lose,
etc. you have to attain from these advisors so you should more conscious here.
How to choose bonds
Before choosing
corporate bonds, you must calculate the interest coverage ratio that’s the most
important one you have to keep in mind always. Before choosing corporate bonds,
you must analyze that company's financial position, PE ratio, asset value, and
size of the company you must analyze that before buying bonds.
How to analyze shares
Before buying the
share, you must analyze that share and you have to collect and analyze
companies’ annual reports like balance sheet, cash flow statement, etc. then you must calculate intrinsic value because then only
you can measure the asset value of the company and those intrinsic values depended on the company future
earnings. So before going
to buy shares you must analyze these things.
conclusion
Investors before going to invest in the stock market have to prepare something like where to invest, which kind of shares have to choose, how to choose bonds, how to analyze the company shares like that. The intelligent investor has to analyze these things then only he can become a success in the future. This knowledge I gather from the intelligent investor book by Benjamin graham bell.
I hope this
content will give you 100% satisfaction
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