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5 tips for investing

It is never too early or too late to start your investment portfolio. Watch this clip for some useful tips:

1) Follow investors on social media

There is a wealth of investment advice on the various social media platforms. Curate the people you follow according to their track record.

2) Don't just think about tax savings

Do not simply invest because of tax savings.You can take them into account during the decision making process but it shouldn't be your guiding factor.

3) Keep it simple

Don't invest in complicated assets. Straight forward investments are more likely to result in sustainable returns.

4) Don't speculate

Speculating on the psychology of the market is risky. Successful investment favours those who hunt for value, not trend chasers.

5) Strategy and discipline

Don't let your feelings determine your decision making process. Executing your strategy with discipline beats emotion when it comes to investing.

*Do you have any investment questions? Send them to us and we will ask our panel of experts.

More:
- 5 tips for savings
- 5 tips for cutting debt


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