What if a stranger asked you to invest with them? Would you give them thousands or even hundreds of dollars? What if a friend told you about an investment opportunity? Would you base your retirement off of their word? Lastly, what if you went to a large skyscraper, at the top floor, into a large, beautiful office with a rich, mahogany desk, and big, lush chairs. Would you accept their advice as fact? Or would you still want to know more before you plan your future with them? You may laugh at the idea of anyone falling for these scenarios but many times people invest without knowing all the information. Commonly placing themselves and their future in an investment they know very little about.
When you invest it is important to have a clear understanding of your investments. Not just knowing what the price is or the average rate of return but to understand the company that you are investing in. For example, knowing what stage the business is in, if it is young, mature, or possibly even reinventing themselves as a business. This understanding of the business, will give you an idea of what to expect from your investment. What stage the business is in is just one thing of many factors you should be looking at when investing. You should also be aware of the company’s history, what industry or industries it is involved in, and what are the business’s values?
Having a clear understanding of these, and other factors when investing is incredibly important! This is why Crystal Clear Finances has created the Crystal Clear Investing Seminar, in it we help provide a clear understanding of investing through the market. This understanding will help you invest with confidence and not fall victim to the emotions of the market. At Crystal Clear Finances we strive to provide you with clarity to help you create wealth!