The term investment is certainly familiar to the public. Activities that are generally related to this business at least give hope to achieve success. In general, investment is an investment in the form of money or assets made by investors to get greater results in the future.

However, in the eyes of business people, investment is one way to gain financial freedom aka passive income. They no longer need to work hard to get money, but money will work to make them happy.

This paradigm is what then makes many business people with minimal experience interested in diving into the world of investment. However, before starting to invest, Ansa needs to pay attention to the following tips so that you can become a successful investor:

1. Get to know investment products

An investor is someone who must be reliable and familiar with the product they are going to invest in. This is the most important part to do. By knowing the investment product well, the investor will know whether this product suits their needs or not.

In this case, the advantages and disadvantages of the product need to be a special consideration. That way, an investor is someone who can minimize the existing risks. It should also be remembered that there is an understanding of risk and return in each type of investment. The higher the profit that can be obtained, the greater the risk that must be borne.

If you are a beginner, you should choose investment products that are easy to do, such as time deposits and mutual funds. Both of these investment products have low risk low return, tend to be safe to do. When you are more proficient and understand the world of investment, you can move on to stocks, cryptocurrency, or P2P lending. Starting an investment is now easier with the many fintech applications.

2. Plan Carefully

Some people consider investment to be gambling because it seems like a bet of money that sometimes wins and loses. In essence, investment is more than a bet. An investor's skills will be tested through a loss process. This is where a mature plan is needed before making an investment. The purpose is to minimize any risks that come suddenly.

The mature planning in question can be in the form of dividing the investment capital value. Even though there is a lure of big profits, don't forget primary needs. Also avoid investing all investment capital in one product. This can result in major losses if a sudden risk occurs.

Make sure your living needs are safe when you invest some investment capital. If necessary, do a little research on the goals and risks of the investment. Its function is so that you can choose the type of investment that suits your needs.

3. Pay attention to the credibility of the partner

When deciding to invest, there are two risks that an investor must be prepared to bear: profit or loss. However, it does not mean that both of these things come by themselves. Like the arrival of losses, often occurs because of investors' mistakes in choosing investment partners.

If there is an investment offer with big profits in a short time, then it needs to be suspected. The reason is, it could be that the offer comes from a fraudster who claims to be an investment manager. Instead of making a profit, you could actually make a loss.

Therefore, it is a good idea for an investor to find out the background of their potential investment partner. Also pay attention to the track record and credibility of the potential partner before working together. It is highly recommended to establish a relationship or investment cooperation with a party or company that has been supervised by the Financial Services Authority (OJK).

With the approval and supervision of the OJK, it can be ensured that the investment activities you carry out with your partner are valid and not a form of fraud. Even so, you must remain careful in investing to reduce the risk of loss.

4. Be Active and Passive

In the world of investment, an investor is someone who must be active. When investing like in forex trading, buy when the price is down and sell when the price is high. Of course, to be able to find out information about investment prices, you need to actively read the news and look for the latest news.

Some new investors are usually still hesitant in making decisions. So that the golden opportunity that is in front of their eyes is just lost. Almost every news or event that occurs has an effect on the selling value of the investment.

But not only active, you can also be passive sometimes. One of them is by becoming a market maker like in forex trading investment. So, don't forget to keep your position clearly in the investment world.

Whether you want to be active as a trader or passive as a market maker. Fortunately, you can get both positions with GICTrade. Both are products offered by the forex trading platform. Whether you want to be active or passive, you can get big profits from there.

5. Quantity Options

For an investor, the quantity of investment in several places can be a solution to overcome risk. As previously stated, do not invest all the assets or money you have in one investment model.

Adjust the quantity of investment capital to your needs and abilities. Use the right percentage to determine the most profitable quantity of investment capital. For example, you can place 40% of capital in the form of stock investment and the remaining 60% for forex trading investment. When the stock value suddenly drops, you still reap the benefits of the forex trading investment you have.

This is useful to avoid risk when one investment product fails. That way, you still have other investment reserves that are still promising. However, in moving investment capital to another place, do it as part of a good investment plan.

6. Learn and Enjoy the Process

Investing is about the process. An investor also needs to realize that success cannot be achieved instantly. A famous investor, Warren Buffett, once said, "Some things just take time. You can't get a baby in one month by getting 9 women pregnant."

This also applies to investors. It takes a strong desire to learn trading, understand market conditions and tricks in investing. No need to pay a lot of money for a business teacher. Just learn from other people's experiences at a seminar or read information about investing via the internet and books.

The greater your desire to learn and keep trying, the closer you are to success. In addition, in going through the existing process, an investor also needs extra patience. The path to the peak of success is not as easy as turning the palm of your hand

7. Choose the Right Time

Investment is a business that cannot be separated from time. Investment success requires a lot of time in every process. Like rice planted by farmers in the right season, so does investment. Some say that the best time to invest is as soon as possible so that the results can be felt quickly.

This is not entirely true because it requires careful calculation and supportive conditions in making investments. But don't forget to pay attention to the situation and conditions that occur at that time. An investor is someone who makes investments at the right time and place. Miscalculating the situation will make you suffer losses.

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