| Either to invest in mutual funds or stock market | | | | However, committing 2 to 3 hours per day |
| can be a tough decision if you just get started | | | | learning about stock and researching them is good |
| investing. However, these simple but practical | | | | enough to start controlling your financial future. |
| guidelines should help you to decide which one is | | | | Moreover, if you manage to find the niche |
| the best. | | | | strategy that you can use again and again, you |
| Financial Intelligence | | | | can trade for a living and become financially free. |
| If you had decided to invest in stock, you should | | | | So, start learning stock investing whenever you |
| know how to read annual reports and stock | | | | have time. |
| trading charts the least. Both are critical since you | | | | Cash in Hand |
| can know how profitable stock is in the short | | | | You need a minimum of 6 months income or 12 |
| term as well as in the long run. | | | | months expenses in emergency fund before start |
| As for mutual fund investing, researching which | | | | investing in stock. And you need $10,000 minimum |
| fund performs the best historically, who is the | | | | as the initial capital. The reasons are, stock |
| fund manager behind the scene and what is the | | | | market is unpredictable and effective fund |
| associate cost involved do not require financial | | | | allocation is required for optimum risk |
| knowledge that much. | | | | management. |
| While investing in stock directly can be rewarding, | | | | This does not hold true for mutual fund though. |
| get started with mutual funds is not a bad idea. | | | | You can put everything in preserving capital funds |
| Focus & Commitment | | | | and allocate certain portion for high-risk high-return |
| Blue collar employees or top executives can find | | | | mutual funds. Nevertheless, balancing both |
| themselves very busy to manage money on their | | | | preserves and growth strategy is crucial for |
| own. Due to lack in time and other commitment | | | | maximum profits with minimum risk. |
| than career progression, invest in mutual fund can | | | | But, you can invest in mutual funds while waiting |
| help them growing their savings too. | | | | for undervalued stocks as well. |