The basic rules of any first time investment are normally: 1. What is your preferred period of time for this investment – Have a plan for the length of time to want to invest for, normally for reasonable growth a minimum period is 5 years but the longer the term the better your chances of making profit over inflation. 2. Know your risk profile (ATR) and what you are comfortable investing in There are many tools to help assess your Attitude to Risk profile and you can find numerous online…
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