Hot to (not) invest?
How to (not) invest? by Prof. Dr. Laudenbach
https://www.linkedin.com/in/christine-laudenbach-66510379/
How to start
The good way to start investing is by creating the life time plan. You can predict when you want to retire and how much money you need by that time. You can assume that you will work until that time or say that you want to have a break in the middle of your career.
Facts
- Higher risks mean higher income. You can't find a safe deal which will result to much money.
- Diversification is the only free lunch. And it's important to use it.
- Active vs passive investments. Active doesn't work in average. There is Buffet, but we are not.
- How inverters invest? Few people invest to stocks.
- Emotions affect our decisions.