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Do You Think One Must Be Smart To Be A Good Investor ?


my99nx Rep Points: 515
Posted on April 8, 2009 at 4:09 am
Yes! Say you good!

simplyme112586 Rep Points: 295
Posted on April 8, 2009 at 9:04 am
I'm not sure but i prefer to use the term wise than smart.. I believe there's a difference of the two

kiran8 Rep Points: 1,320
Posted on April 8, 2009 at 9:08 am
I think one need not be extra smart. There are always people one can consult before investing. More than anything you need to have the right kind of determination and the will to do so, thats my feeling !

mragie Rep Points: 75
Posted on April 8, 2009 at 9:12 am
it depends on how you handle the situation, but being smart is a plus factor.

mragie Rep Points: 75
Posted on April 8, 2009 at 9:15 am
it depends on how you handle the situation, but being smart is a plus factor.

meowthy Rep Points: 895
Posted on April 8, 2009 at 9:19 am
uhm thats is a tricky question. Smart yes when it comes to choosing where and whom to  invest. You dont have to be einstein smart in order to become a good investor because people doesnt need to study the relativity of something in order to  invest right? lol unless you are investing in NASA or somewhere. Its like being a street smart. Knowing where and when exactly the places to invest is the correct term.

Skypher Rep Points: 255
Posted on April 8, 2009 at 9:25 am
No I do not. I think you just need to take you time, spend all the time you can educating yourself. Read every book you can get your hands on. Learn all you can. Take a look at all the different opinions on investing, then take each with a grain of salt, then form your own opinion and investment strategy. It just takes time and dedication to do it well, not brains. Also start small, start where you have the most knowledge and feel the most comfortable, then once you have become effective in that area branch into other areas. I use the money I make online from sites like this, paid online surveys, and my blogs for my investments. I take the money I make and invest it so it will grow even bigger. Slowly but surely I will attain Financial Freedom. If you are interested in traking my progress I have a blog "My Quest for Financial Freedom" here:  http://quest-for-financial-freedom.blogspot.com/

gabbana-9 Rep Points: 1,050
Posted on April 8, 2009 at 9:25 am
should be shrewd and honest. luck is necessary factor too.

buggles Rep Points: 3,680
Posted on April 8, 2009 at 1:06 pm
Yes, I believe it takes a intelligence to be able to invest money.  Someone has to be willing to investigate the best return for their money whether reading the stocks in the Sunday paper (do they even print that anymore?) or investigating different avenues to invest money in.  It is a wise person that weighs the pros and cons of each investment before making the final decision.  If more people were "smarter" about their money, so many people wouldn't be in debt today.  I wish I had been smarter when I had a little more money to play with.

mnemosyne Rep Points: 570
Posted on April 8, 2009 at 7:28 pm
of course. there are risks involved in investing so one needs to be smart.
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