Investment Faults and How to Deal With Them (June 2017)
Because we are learning, and learning is a continuous process, it is always very common to make mistakes. However, use of common sense separates a competent investor from the one who is just doing it shoddily. Almost every investor has messed somewhere. Obviously, flawlessness is next to impossible. But understanding some investment mistakes can make a great difference.
Overlooking the Current and Future Market Possibilities
Most investors have fallen astray of conducting a qualitative analysis. They are not prudent enough. It is essential for an investor to look at current trends, and what is more likely to come about in future. Peter Lynch said he discovered the best investment opportunity when he looked at his children playing with toys, and suspected it would later be in great demand. Peter Lynch is an author, as well as a fund manager.
Apart from that, you should remember that the brand name is also very essential. Let us take cokes as an example. Almost everybody in the world is aware of the name, and how valuable it is.
Never allow time to change against your enterprise. Update yourself with current activities, so you may understand what exactly your clients’ expectations are. A good example is the mobile industry – it is very dynamic. People make inventions every day to come up with more suitable devices that cater for upcoming needs. In fact, they are working technically to ensure a less a complicated and more user-friendly device. Besides, we should not just focus on product sales and earnings. We should as well assess the entire enterprise qualitatively.
Qualitative analysis is among the less complex strategies used in the evaluation of potential investment.
Agree That You Are Wrong and Make Efforts to Make the Situation Better
Many investors do not understand the fact that they can be wrong somewhere. It is important to accept the reason your enterprise is torn into pieces is due to your faults. Your business could be in turmoil because you just did a shoddy stock purchase, or you did not conduct a thorough market research. But the best thing is to accept mistakes, and then look for immediate ways of correcting them. Put pride aside and accept corrections.
Some people keep killing their enterprises by purchasing more shares on a dying investment – just because they want to cover their mistakes, or they do not want to appear wrong. Who knows, maybe they keep buying because stock prices have fallen. But whichever the case, it is good to accept mistakes and then try to make corrections.
Company’s future performance is never related to the price you purchase shares at. When there is a steep reduction of your stock prices, try to check the possible causes of the phenomenon, and make analysis to determine the company’s future potentials. If buying stock is not appropriate now, keep your money to invest in future profitable investments.
Credit Review is a site just to help you find the best money lenders in Singapore. Why do we bother doing this? This is because we understand how hard it is to find a reliable money lender despite the size of Singapore.
We at Credit Review will only show you the best money lenders. If we show you every single license money lender in Singapore, it will not be helpful to you because that is not what you are looking for. Plus you will be able to do that easy by downloading the list from Ministry of Law’s website. By doing so, it can help you to shortlist the good money lenders easily. This is especially helpful when you are in need of cash. Furthermore, it can help you reduce the amount of time to find a good money lender. Thus you will be able to get the money faster! In addition, it will also mean that you will be able to resolve your problems quickly.
If you are looking for good money lenders in Singapore, have a look through Credit Review.
As Credit Review is a pretty new site, please give us some time to update the list. Our teams are working very hard to ensure that we visit all the license and legal money lenders available in Singapore. Once they submit their reports, we will update the site if there are any good money lenders!
Any questions you may have about legal or licensed money lenders in Singapore, you can call us at +65 6850 5412. Otherwise you can approach the money lender directly and ask them your questions 🙂