- Personal Finance»
- Understanding Finance
After the recent spate of financial problems that has dropped the prices in everything from homes to stocks, many people have simply given up on investing.
But now is the best time to invest. As long as your disciplined, focused, and open-minded, you can turn economic downturns into long-term gains. You just have to tread the three-fold path of Smart Investing.
Smart investing requires a long-term approach. Selling after the market tumbles and buying as the market crests are two mistakes investors make.
Smart investing means diversification. Don't put all your eggs in one basket and don't carry all your baskets at once.
Smart investing uses technological leverage. The average investor has access to technology that big investing pioneers like Benjamin Graham, couldn't even have dreamed of. Whether it's internet sites to monitor your investing and trading, or automated trading systems, like Online Investing AI, to actually make trades for you, you should use whatever tools at your disposal.