Diversification in Investing online
March 15, 2013 2:15am CST
I have learned in my more than 1 year of investing online that diversification is an important strategy to follow. Diversification is same as spreading your eggs and not putting them in one basket. So instead of investing $500 in one investment site, you could do much better investing $100 in 5 investment sites and with much less risk. Remember too that another important factor in this diversification plan is to choose wisely what investment sites to join and put our investments on. This part would take a lot of research, staying current and more research. One shortcut to this is to be able to find an 'investment mentor' where he would be willing to give you his knowledge and experience by giving you the investment sites that are already working for him while he gives you also the investment strategies that gives him success. How about you, what do you think about this and about investing online?
19 Mar 13
I will be honest with you, there really is risk involved and you have to be ready to lose some to win more. I believe investing is not for everyone but for only those willing to study continually and read latest updates, and had the guts to risk their money BUT only after adequate reflections and research.
15 Mar 13
yes friend i am agree with you and yes it is really good idea if we invest money in different sites and yes it is really able to reduce our risks and i also know that it is totally waste to invest in single site and that is new site .if i want to invest in single site then it must have trusted site not only new .now it is dream to buy golden membership in neobux and then earn more and more by rent more referrals .hopes that one day i am able to buy golden membership .
25 Mar 13
That's quite a good percentage, suraj7nov. Good luck to you! I hope you reach that golden membership level. I'm not sure but I do have a feeling this type of investment has much less risk. I want to ask, how much do you need to invest in neobux to gain some good return?
16 Mar 13
I like to diversify with investing absolutely 0 $ online. Why you may ask? Because i am not loaded with cash, second i have no idea if i will even earn from any of those website i work on. So yah, that is what i think about investing online. lol
18 Mar 13
I understand and respect that, rock. Anyway, I think several people started investing online with no money whatsoever, and what they did was to find several free sites that earns them regularly and while they are saving those earnings, they are already starting to study about investing and researching certain investment sites that attracts them, and when they have enough earnings from their free sites and enough knowledge about what investments to pursue, then they started their new journey of investing. I think some of them will make it, and some won't but in my opinion the most important thing here would be persistence. What I mean with persistence is never giving up and continuously increasing their knowledge about investing and about the investment sites that they get involved in, and continuously reading materials on ways and means to invest, and invest wisely.
19 Mar 13
Good luck to you, wondlan! In my observation, I think majority of the people won't try investing online because of the risks involved. So I would say to this, 'to each his own'. Some will never try their hands on investments while some find investing challenging and will do everything they can to make it work for them, probably finding strategies that gives them a very high percentage of winning and I believe one strategy involves diversification while another is the choice of sites to invest on.
18 Mar 13
I have a feeling those who become investment mentors are those who have years of experience investing online, and those who really studied the craft and research and tested a lot of sites, and knows which sites works and which doesn't. I think I still have long years ahead of me to become a mentor, but I believe I could help a lot of newbies start well in their desire to start an investment online.
15 Mar 13
Indeed. It was something I was having a hard time coping with. For a start I am a loyal person and diversification can sometimes be too much for me. But since I have ventured into online earnings for this year, it has become imperative to be open and diversify my online passive income sites.
15 Mar 13
I think investing online can be risky depending on the ways you invest online. There are programs out there that are designed to fail in the long run. If you put your money into these kind of sites it doesn't matter whether you diversify among a number of the same kind of sites, you're still taking on a big risk. But of course the primary rule for lowering risk is indeed to diversify. If one investment proves to be bad you will only lose a fraction of the money you invested and may even make up the losses with your other investments. I think when investing online you need to ask yourself one basic question beforehand. Where is my money going? What am I really investing in? If the company actually has a product then you know it can't be a scheme. But many scams just take your money and don't actually invest it in any sort of product and just use the money to pay others that are currently withdrawing their funds. This is a pyramid scheme and you should stay away from these.