Attention! Skills for Novice Investors


Eight behavioural skills of successful investors you should follow - The  Economic Times

Financial management can help people make rational use of their own funds to maximize their income, and can also make financial preparations for people's future to avoid facing difficulties due to insufficient funds. In addition, financial management can enable people to better control their financial situation, formulate reasonable consumption plans and reduce waste. It is very important for beginners to master financial investment skills, because it can help you get a quick start.

Theory before practice

The importance of theory is that it provides us with an abstract and systematic way to think and understand complex problems. By establishing a theoretical framework, we can better describe, analyze and study the problem. The theory also provides us with a method to predict and verify the actual phenomena, so as to better grasp and control them. Financial management should not only have "wealth", but also "talent". If financial management is compared to ferry, then financial management knowledge is the ship to carry, and financial management method is the propeller to drive us forward. In the long way of financial management, we need to have sufficient knowledge reserves, diversified information channels, open investment concepts, correct financial attitude, good financial habits, and lay a solid foundation for financial management.

Develop the good habit of bookkeeping

If you want to manage money, you must first have idle funds, which requires investors to know their income and expenditure and make correct financial planning. The most effective way is bookkeeping. Cultivating good bookkeeping habits can help us to know what we can save and what we cannot. At the same time, the habit of keeping accounts can also let us understand how money is spent in our daily life and really be our own masters.

stock market: Why you should ignore investment advice from friends and  family - The Economic Times

Timely grasp market financial information

In addition to the most basic capital and ability, investment and financing also need to grasp market information in a timely manner. In order to obtain the latest investment and financial information, diversified information channels are very critical. It is helpful for investors to make timely strategic adjustments according to market changes and reduce investment losses.

Don't carry some eggs in the same financial basket

There is an old saying in the financial industry, "Don't carry your good eggs in the same financial basket", which is called diversification to reduce risk. Now there are many types of financial products, so it is advisable to invest some money in bank financial products, and then invest some money in such highly transparent information as foreign exchange, and also access to the bank depository platform, so as to effectively reduce risks and maximize the value of funds.


In this era of investment, mastering the necessary skills can help you quickly accumulate wealth and realize wealth freedom. I wish you a smooth investment and an early realization of wealth freedom. May your investment bring rich returns and make you have unlimited possibilities. I hope you can seize the opportunity, go forward bravely and realize your dream of wealth. wish you success!