Investing is Not About Mathematical Calculation

[Jasmine]

A lot of people believe that investing is very tricky and you are required to do a lot of calculations. They believe that you need to be a mathematical genius in order to become successful with investment. Well, as an investor you need some mathematical understanding, but these are just minor skills related to budgeting, balance sheet, etc. but these are more related to finance than mathematics.

In order to start investing and make profitable investment, you need a system that can turn your investment into profits with little amount of work.

You need to understand the market, and understanding the market requires you to understand economics. When you have knowledge on the economics, you will understand when to invest, how much to invest, where to invest, etc.

Return on your investment is mainly related to how you compound your profits. If you withdraw your profits, you may not be able to build your portfolio, however, if you continue to reinvest your profits, you asset value will grow.

 

[saoussen5765]

Most of websites offering calculator to calculate your profit when investing are lyers because after you pay money you discover many lies that was not mentionned when paying for money for investing.

 

[Mika]

In order to invest, you need to budget. In order to budget, you need cash flow management skills Cash flow management means tracking your expenses and income. While no one expects you to become a maths genius in order to start investing, you sure need some mathematical skills to calculate your income and expenses. If you are not good at math how you can know where you should cut your spending and how much spending you need to cut? You need to be good at managing money to start investing. You also need an understanding of the markets to start investing. You need knowledge in investing, finance and business in order to invest. If you do not have any knowledge of the economy and how the market operates, how can you become a good investor? If you want to start investing, you first need to understand how the market operates. Different markets operate differently, for instance, the stock market operates differently than the crypto market.