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Top 8 Investing Tips For Any Market

After years of uncertainty and turmoil it seems as if the global economy might finally be showing small signs of recovery, and when that inevitable upturn starts to strengthen you’ll want to be in the best place to benefit from it. Following the malaise of the last few years there will soon be a period of growth that will leave a lot of money to be made by canny investors, and you’ll want to claim your slice.

10412147 s Top 8 Investing Tips For Any Market

The question is this: how the heck can you hope to pick the winners in such an uncertain market? Unless you’re a Warren Buffet type with decades of experience in investment, what chance do you have of taking advantage of the global recovery?

Well, let’s take a look at the top 8 investing tips for any market.

Invest early

At the top of the bill comes the most important point: start young. The point of any investment strategy is to increase your savings for later life, and the earlier you start the more time you’ll have to build a real nest egg.

The important factor here is compound interest. A steady, long term investment will accrue interest on both the capital and the interest accrued in previous years, so an investment started at the age of 25 that offers even a 1% annual return will add up to serious money by the time you retire.

Don’t invest money you’ll need soon

One of the biggest mistakes you can make (and one that most of us have made at some point) is investing money that you can’t spare long-term. If you’re investing in the stock market you should be wary of locking up funds that you might need in a few months (or even a few years). When the need arises you might find your only option is to cash out your stocks at a loss to free up immediate capital.

Look for matching contributions

Many employers offer to match your investment in retirement plans dollar for dollar, a gesture that can have an enormous impact on your final pension. It isn’t glamorous and you’ll wait years to reap the benefits, but you should never overlook generous opportunities such as these.

Review your portfolio regularly

With a large and diversified portfolio it can be easy to lose track of exactly where your money is, and how it’s performing over the long term. You should review your portfolio at least once a month to make sure your investments are performing as expected. Don’t panic sell a sinking stock, but be aware of long term negative trends if you’re investing over the long term.

Stay informed

Perhaps the most effective way to get a grip on any market is to keep on top of the latest news. If you’re investing in property you should pay attention to legislation and purchasing trends that could affect the value of your investment. For the stock market, pay attention to quarterly reports and sit in on (or at least read the summary of) shareholders’ meetings.

There’s no excuse not to keep up to date with the news if you have money riding on it, and slacking off in this respect will do nothing to help your long term gains.

Don’t take short term risks

In general, most people are more attracted to the excitement of short term gains through day trading and Forex markets than long term investments, and it’s easy to understand why. Gambling is a heck of a lot of fun, and we all love a little shot of adrenaline.

If you’re looking to make money, though, it’s easier to do it over the mid- to long-term. Most day traders lose money, and you rarely meet a gambler who makes a living from it. Resist the urge to take short term risks if you don’t want to expose yourself to big losses.

Diversify

They say you shouldn’t put all your eggs in one basket, and that maxim holds true in the world of investment. A focused portfolio can offer great gains if you get lucky, but if you throw everything into a single investment you may lose it all with just one piece of bad luck.

The safest portfolio is broad and diverse. If one investment begins to flag you’ll have many more making gains, and as the economy grows as a whole a diverse portfolio will usually grow at a similar pace.

Don’t act on impulse

Finally, you should never make a split-second decision on an investment. Going with your gut is a terrible long term strategy, and very few successful investors make a living without reams of data to back up their decisions.
The key to successful investing is to learn about the market. Study past performance until you feel you can make an educated guess about future trends. It ain’t perfect, but it’s the safest way to keep your investments growing.

Damian Wolf is a blogger and online entrepreneur. He currently works on investment property advice project. Damian specialized creation of advanced online marketing tactics & visibility improvement tips.

Image credit: iqoncept / 123RF Stock Photo

Simple and Efficient Tips to Find a Job that Pays Well

8995714 s 250x250 Simple and Efficient Tips to Find a Job that Pays WellIf you are not a successful businessman or your entrepreuneurship genius has not had its breakthrough yet, you will definitely want a job that both pays well and allows you to do what you like. Here are some simple tips that can help you find the job you want.

Choose your career

Simply wanting a high paid job isn’t actually going to be enough. In fact, the first step you need to take is to choose the right profession for you. Think about your talents and skills – what is it exactly that you are best at?
However, keep in mind that not all jobs are well paid. Try to avoid a profession if you know for sure that it will not fill your pockets at the end of the month.

Proper education

Well paid jobs are not given to people that do not have superior education – that’s a fact nobody can deny and yes, college is the right answer! Getting a college degree that is relevant to the field you want to work in will definitely boost your income possibilities.

Job competition

Nevertheless, you should be aware of the fact that finding a job you will like and that pays really well involves some hard competition. Let’s see what can turn you from the average job applicant into the winner who ends up getting the job so many have been striving to obtain.

As you should already know, employers compare candidates and they only choose one after the interview period has ended. The way in which you present yourself must, in fact, be an outstanding performance. An interview may well be compared to a show in which you have to be the star – that way, you will make sure the employer notices you in a positive manner.

Make sure your physical appearance matches the requirements of the position you’re after. After all, it is the very first thing an employer will notice when he or she sees you. Get a haircut a couple of days before the interview and choose your clothes and shoes carefully. You will be much more likely to get the job if the employers see you as a tidy, well organized person.

When it comes to finding a job that actually pays for a decent lifestyle, another aspect of great importance is your resume. Although your looks may impress a potential employer during the interview, avoid attaching a personal picture to your resume. Next, keep your resume short and objective. If the employer asks for more detailed information about you and your work experience, then give him your CV. Remember that there are quite a few differences between a resume and a CV.

Same goal – alternative paths

Last, but certainly not least, keep an open mind. Accept an entry-level position, if you are offered one. This may well mean that the employer liked you. Furthermore, such a position stands for a chance given by the employer, in order for you to improve your skills and advance on the career ladder.

Damian is a blogger and online marketing expert. His latest project was to create a strategy for online visibility improvements for mining jobs no experience website.

Should I Hire A Professional Resume Writer?

8775616 s 389x259 Should I Hire A Professional Resume Writer?Finding a job can seem like a long and daunting process, especially if you are getting few or no responses. Unfortunately, as the job market becomes more and more competitive, simply having a list of past jobs and degrees on your resume is no longer enough. If you feel like your resume is holding you back, hiring a professional resume writer to revamp and restyle the document could be the answer. Here are a few important things to think about when deciding whether a professional writing service is right for you:

What Quality Can You Expect?

A well written resume is one that is able to highlight your skills and experience, while explaining any flaws, such as gaps in employment or low grades. Unfortunately, if writing isn’t one of your strongest skills, you may struggle to show off your key talents and abilities to their fullest. In this case, a professional resume writer will be able to help.
A good writer can produce work that not only presents a positive image and appeals to employers but is also grammatically correct, perfectly spelled, and well formatted. Most have previous experience in dealing with human resource personnel and hiring managers, so they can make sure that your resume never gets overlooked.

Industry Specialization

A common concern among job hunters who are considering hiring a writer is whether or not they will have the necessary industry knowledge. Though most CVs are quite similar in appearance, each area of business has its own jargon, knowledge requirements, and style. Knowing which key skills to emphasize and which areas to cover in less detail is important and could be a challenge for someone with no understanding of your industry.
Fortunately, most writing services hire professionals from a range of backgrounds who have different areas of expertise. When choosing a writer, ask whether they have any past experience or knowledge of your specific industry.

Is It Worth The Cost?

The cost of hiring a professional resume writer will vary depending on factors like subject matter, document length, and writer experience, but in general the service is quite expensive. This however, is often a small price compared to the financial gains of finding a good job. Whether or not the service is worth the money should be looked at in terms of long term income improvement as well as initial expenses.

How Easy Is The Process?

Getting your resume professionally written is not completely without effort on your part. To ensure that it is accurate and to the standards you expect, a good writer will take time to discuss your experience. Some writers will spend up to an hour talking to you, either by phone or email, before they begin. Many professional resume writers will also create cover letters and other supporting documents if you require them.
Before hiring a professional resume writer, take time to look over their credentials and if necessary ask to see previous samples of their work. Independent review websites and forums are ideal places to find unbiased opinions of a writer from previous clients.

Damian is an online enthusiast with great passion for search engine optimization. Currently, he is dedicated to creating new innovative marketing concepts for http://www.metroresumes.com.au.