There many ways to find a great investment. There specifically some of it which i personally think is very useful as a guidances. Here are the nutshell:
- Time where economical, political or technological changes.
- Depression or recession. During this time, amateur is selling and true investor can going back to the market to buy the best deal at the best price.
- Personal tragedy or calamity. During personal tragedy or calamity, they are desperate to exit, therefore you could get great bargain deal. It might sound exploitation to the victim, but this is one of the best way to find a good deal.
- Do not follow the crowd during the economy boom. Amateur are always coming late. That apply to both buying and selling. When taxi driver is handing out stock tips, it is time to sell.
- Know your numbers, do not be a guessing gambler. For every deal, good or bad shall be accountable. This where accounting is kick in to place.
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