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What is the Best Investment for Newbie?
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[QUOTE="Shaf, post: 270771, member: 25467"] One of things most people do not consider that makes them to lose money as new investors, is not having knowledge about what they want or need. It's a general perception that what you need is a large sum of money, but without the know-how, you can blow your entire portfolio. This knowledge can be gotten by self education especially in this internet era through blogs, YouTube or by consulting a financial adviser especially when you are dealing with large sums of money. One thing to know is your risk appetite. Cryptocurrency can be one of the most luxurious investments but so many get liquidated while safer bets like mutual funds have lower returns but slow return. If you can afford to lose the money without suffering anxiety, you may want to consider something that pays more with more risk. Some people like pensioners may choose to be more careful with their funds, thus choose investment types like stocks, shares or fixed deposit accounts. [/QUOTE]
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