Rani Jarkas Firm

Investing presents an attractive opportunity for people looking to grow their wealth or achieve other financial goals. However, it is not an exact science and anyone can make a bad investment. If an asset fails to make you any money, or worse still, it makes you a loss, it is fair to call it a bad investment. There are a few things you can do to help you recover from one, which we explore below:   1. Don’t take it personally; the idea failed, not you Even the most seasoned experts make bad investments sometimes. However, they don’t let these losses stop them from investing. They simply learn from it and move on. You should do the same.   2. Understand the sunk costs and opportunity cost Sunk cost is the irrecoverable loss made from a bad investment. The downside is that it might actually cause bigger losses. Opportunity cost, on the other hand, is what you miss out on because you chose a specific action. You might have avoided a larger loss if you had spread out yo...

  When it comes to choosing investments, the right fit is something that meets your financial goals as an institution or as an individual. There is no one-size-fits-all approach. The answer varies per investor and may even evolve for the same investor down the line.   For instance, your goal now may be to get optimum returns from your investments at your age to afford your dream lifestyle, so ideal investments for you may include high-risk ventures and securities. However, your needs may change over time and become more concerned with safeguarding your money for retirement, so the best investments for you may shift to blue-chip stocks and bonds.   Finding the right support Choosing the right investments requires specific expertise, knowledge, and experience. These are traits only seasoned and certified financial services experts like  Rani Jarkas  possess. Such experts will take the time to understand your financial planning and investment goals and re...