It might be easy to make handsome profits in a very short time but it is even
harder to maintain consistency to achieve good performance at the end of an investment
period. Perhaps some of the more seasoned-traders on the Second Board know that well.
A trader who made huge profit in one day might just end up losing more the next day.
Anything that increases sharply one day might plummet just as easily. It is important
for you to analyze your own risk profile before investing yourself. Ask yourself
whether you are a conservative or an aggressive investor.
For long-term planning, probably you should consider bonds in your portfolio. Particularly
for conservative investors, bonds offer effective diversification and lower risk
than shares with its fixed-income characteristic. Bonds are relatively new to many
local traders.
In conclusion, successful personal financial planning simply requires some effort.
There is no short cut in achieving desired long term investment returns. Any investment
decision made without proper planning is likely to be detrimental to your hard-earned
money.
Wealth creation and not short-term speculation should be the buzz word when creating
investment portfolio. You should consider to increase the range of investment choices
rather than investing yourself to the traditional forms such as saving or fixed deposits
with banks and property investments.
It is always preferable for one to consult an investment advisor for professional
advice. For "non-investment" people, the more appropriate way of investing
hard-earned savings is to invest
through professionally managed funds such as the unit trust.
