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Why Do We Need to Master the Basic Principles of Investment?

Suba1

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Many people enter the world of investment without having to learn and apply the basic principles of investing, so they are often trapped by wrong investment decisions that ultimately result in losses. Some basic principles that every investor must master are:
1. Determine Goals, Targets, and Priorities
2. Know your own risk profile
3. Use idle money
4. Risk Management
5. Diversification.
 
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