Archive for the ‘Investation’ Category
After reading a number of investment books including Rich Dad’s Guide to investing, I concluded that it is important to deal with all investments that if I’m going to buy the company. What I mean by that?
For example, if I were to buy shares of a company, then I would be one of many shareholders who own the company. Yes, I suppose that only a very small part of society. But that does not give me the excuse that I should treat my investment decision lightly because I very small investor. I have to deal with any investment decision as if I’m going to buy the company. If I’m not interested in buying the company, so why should be interested in the money invested in this company at all?
If I’m going to invest as if I’m going to buy the company, this type of business should I invest?
Before I could answer that question, I think I must first think like a business owner. When I think like a business owner, then you will understand the advantages and disadvantages of different types of businesses. So I’ll be able to identify and manage risks. This will help me better decide on investments.
As a business owner, I want to make sure my business profitable. So the first thing I would do to get out of the business is that I am interested to invest profitably. If it is not possible, then I do not want to invest.
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