Beginner Investing/need to know
Expert: Dr. Joseph de Beauchamp - 3/20/2007
Questionhello
there is someone told me " Every investor is different, so your first goal should be to learn how to define yourself. Are you a long term, or short term investor, do you have a long period of time for your investments to grow, or a short period. Do you want slow and very steady growth, or are you willing to take on short term risk in return for the chance of a much greater amount of wealth in the long term. "
whats your opinion about the above phrase ?
realy , how can i know where i m short or long term investor ?
how can i know my willingless to tale short or long period investor ?
finally ; how can i measure my investment desires ?
AnswerI recommend that you go to the public library. Check out the Valueline and the Morningstar and read through these large books. This would be best to read in the library since they are large and long. This would give you the background you seek.
Dr. de Beauchamp