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Everyone here probably know the importance of investing....

To fight against inflation... Get more from your hard-earned money.... Achieve financial freedom (hopefully one day) 

The first thing you need to do is to identify the investing type that suits you best. 

Here are some things to consider :

1.) Trader 

Do you have time to monitoring the price movement in short periods of time/days? 

Is your trading capital big enough (at least 10k) to get meaningful returns and bolster those losing trades. 

Do you get stressed up easily (especially when you might lose money faster)

2.) Growth vs dividend investors 

Do you need your money to grow faster or generate passive income/ dividend?

To know the above, you can ask yourself this simple question:

What is your ideal passive income monthly? If it's 5k monthly for example, you will need a base capital of 1.5 million, assuming your company is giving out 4% annually as dividend

If your portfolio is not enough, you are better off as a growth investor.

This means you are not going to get dividends as the company will use excess cash for reinvesting and growing the company.

Of course, as you grow older, you can be a hybrid between growth and dividend investor. 

This is to provide a bit of passive income while you let the growth portfolio to continue to grow your portfolio faster for you

If you like this article, do give it a like and share with your friends and family!

Comment below what type of investor you are 😉