When Investing
(The start of a series of articles when investing)
Before investing….
Know these….
- P/E or (ROI in years)
- ROE in %
- Net worth
- Assets
- Liabilities
- Risks Involved
- Industry
- Company
- Worse case scenarios and how will you handle them
- Effect on you
- Other things not listed.
Simple? Yes!
Easy? No!
Goodluck!
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About the contributor:
Finance Dude
The writer is a financial planner, investor, speaker and a self confessed cheapaholic. (Cheapaholic- a term he invented to mean someone who is addicted to being very cheap). Send in your questions. He will try to answer any questions you might have, preferably on finance and money matters. Although he does not object to questions on love and relationships, he never had one and due to his extreme cheapness, will probably never have one (In case you’ll send it mistakenly, he promised to forward it to HeaRty).
Disclaimer: Advice posted in this portion is merely opinions and views of the writer. It does not constitute formal advice. The writer will not be responsible for any of your gains or losses. If symptoms persist, contact your trusted financial planner.
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