In the world of business investment professionals are armatures and armatures are professions. We are all evident to the fact that the many of the richest men in the world are not very educated,arising the question how did they succeed,IT'S ALL ABOUT GOOD INVESTMENT DECISION!!
Good investment decisions can greatly differentiate you to be a failure or one who succeeds.
The Media provide us with information almost on a daily basis especially when it comes to making good investment decisions, but their major objective is to make the “NEWS” sell. Many media channels tent to make things as bad that will cling you to your chair to listen or to read more and more and be grabbed with fear, anxiety and loose confidence in the economy. A typical example of this is the Euro zone Crisis and the Debt Crisis in the United States. Well you may argue that the media do a good to keep us informed with the current happenings, but think of it how many times do you hear the phrase-“I think”, that is a signal of allowing personal judgment to overtake reality and for one to make a good business investing decision perception of things should be avoided.
Investing is not the realm for quick or rash decision making. A decision to change your asset allocation, move money into a new fund, add a new asset class, or change the amount you invest should be steeped in reason and careful thought. Thinking of making a change? Decide, and then sleep on it.
Nothing can hurt a good decision more than not acting on it. If your decision requires any future or repeated action, don’t let your simple human brain derail it. Making a good business investment decisions will ensure that you maximise your success.