Managing Your Investments Successfully
One of the key criteria to astute investing is to consider when and how you will take your profits - in other words, you need to consider your exit strategy before you invest. Most investors never give this any consideration because when they invest they expect the asset to rise. And while the asset may rise, the value of the asset is not realised until you sell. Consequently, this is considered unrealised profits as the asset could fall in value. Therefore, you need to consider how and when you will exit if your investment turns sour or does not perform... sign in to read more!
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