How to Invest Without Losing Everything - Things You Need to Know Before You Start Investing

· Financial Learning Series Book 9 · Mendon Cottage Books
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55
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Table of Contents


Introduction

Man hours calculation for making up a loss

Do You Trust Banks or Not?

How about Crowdfunding?

Diversifying your Portfolio

Taking out Loans For Investment Purposes

Mixing up Your Investments

Always Have an Emergency Fund

Credit card debts

Conclusion

Author Bio

Publisher

Introduction


A couple of days ago a friend of mine got really excited, when she was describing the latest investment idea found out by her husband. He had found out something called crypto currency, and bit coins, and her husband wanted to borrow some money from me, to invest in this latest best thing, after sliced bread.


When I laughed in her face, and told her that a fool and his money are soon going to be parted, but he is not going to party on my money, we parted brass tacks. There is no way in which people like her or her husband can be persuaded that this is one of the most well-known of scams going on in the 21st century, but of course they know everything. In fact, I wrote a book on crypto currency and why it was potentially a scam, but human beings have this self-destructive instinct, when they are not going to listen to any sort of good advice ever. Especially when they are in the millennial age group, and they know that the world is their oyster and they can never go wrong in their own judgment.


Nevertheless, this book is to tell you how, if you find yourself compelled against your will, but you intend doing it just because, you need to look through all these tips and techniques as a reminder. You are taking a risk. You subconsciously intend to lose your shirt. Under such circumstances, nobody can do anything about you, but it is much more sensible if you look at some points, given here in this book, before you try out any sort of investment.


Everybody knows that nothing ventured, nothing win. But you have to make sure that you never reach that state of investment, when you begin to feel stressed out. You have invested so much money that if you lose it all, you are going to go completely broke. When you reach this stage, you need to put a stop to any sort of investment, stocks, shares, foreign-exchange and never ever invest in bit coin or crypto currency.

About the author

John Davidson


Born and raised in Wyoming and Canada on Ranches. Studied at Utah State University and taught drafting at Bridgerland Applied Technology College for 20 years. Own and run several businesses, an architectural design business, a web design business and a Sawmill business. Married to Karla for over 30 years and have 4 great kids, living in Mendon, Utah.

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