Top 5 Investing Tips Everyone Should Know

Making an investment is not just only pouring out your money and waiting for it to profit. Indeed there are things that you need to do to make things work. When it comes to investing there are negative and positive sides of it. You just need to be ready for the negative side and always think positively about your investment.

Here are the top 5 investing tips everyone should know and to help you:

  1. Diversify

It is good to invest to other different businesses or trade. This is to diversify your investments into other types of industry. You can invest on different assets classes, sectors and geographies where you may benefit more. There are times that different markets have different status in the business world. One type of business or trade can be doing great while the other is not at this time. So it is better to invest to other businesses or trade so you can diversify your returns and risks.

  1. Invest only for a long term

Putting your investment on a long term process can definitely give you as well long term return. You would be consistently receiving more opportunities from there as well. You may focus on the trade or products on how it is being marketed and many others strategies that you can do to keep you up to date on your investment.

  1. Re-balance and then re-invest

Part of the business is to keep your balance sheet updated, to know if you are profiting or not. If that is the case, after you re-balance your business, then it is time to re-invest. Business persons are always taking their time in pulling up their business. Through reinvesting it will help them in balancing their other investments making them going to the right track of the business.

  1. Always remember the risk and returns in business.

Top 5 Investing Tips Everyone Should KnowWhen you enter the business world, you must be ready to take the risk so you can have returns in the end. The strategy you can do for a less risk investment is to learn the trade first. If you know the trade absolutely you only have less percentage of risk but greater return at the end of the day. Just always remember that whenever there is investment there are risks but returns that you should expect.

  1. Be Proactive

Though there are risks when you invest, be proactive still. It is risky to invest and that is the truth. But if you have strategies and you know you can make it, then you should not worry on anything. Just be prompt on your investment so you know where to immediately adjust.

Putting your investment on the right track can make you become successful on your chosen trade. But then without doing a path, there is possibility that you will be lost. So it is good to follow some tips on how your investment can be successful. Through this you will know if there are still other challenges and opportunities that you can open.

Reframing Our Company After 25 Years!

Target AccountantsTarget chartered accountants was (as of 2015 and earlier) an accountancy service for businesses and individuals based in Bath and southern England. We had a number of great clients and we were sorry to see most of you go.

Over the past 5 years we have been pivoting our business from accountancy into investments. As some of you might already know we have now completely stopped taking on any new accountancy clients, and fired about 50% of the clients we had. The 17 we still have we will continue to serve and actively manage their finances but for any new business you will have to find another accountant.

So why with change?

So this is a question I can see a lot of personal friends and family asking, as well as many business contacts too. Well ever since 2010 our client base has been decreasing, we like to work with a select number of industries and prefer rejecting clients we think we genuinely cannot help. But since 2010 we haven’t had the business we would have liked. Assuming that new companies spring up all the time, we thought we would get through this and the business would being to thrive again, but that wasn’t the case. – This was reason #1 although not the main reason for the pivot in business.

The primary reason though is due to our personal success in new income streams through investments. Over the past 5 years we have as a group been financing large investments, many of which have been extremely successful, and in 2013 we had our first year were these investments actually generated more income for us than our accountancy firm, which is a strange yet exciting feeling all at once. Following a good 2014/2015 year we decided to take the final plunge early this year.

What Does this mean for the site?

Well instead of seeing our old homepage with a bunch of services including pricing, what we do ect, you will instead see an investments blog. On this blog we will be posting both personal updates including any companies we have decided to invest in (whatever size) as well as general smart investing tips for businesses and individuals alike.

The strategies we use aren’t your average select a stock and invest style. We actually look into trading CFDs, foreign exchange, large shares, smaller start-up businesses and everything in-between. Even including financing a few start-ups on an angel investment plan. The style of our investments is working for us so we won’t be changing it.

We hope you enjoy the new style of the blog and hope this hasn’t changed anything with our clients.