As explained above, you should consider several things before investing. This includes knowing your
goals and needs, investment timeframe, the probability of some events affecting your products, asset
allocation, and the type of investment you want to put your money into.
However, doing these things will be challenging without extensive knowledge and proper guidance. In
contrast, investment education can equip you with the knowledge you need to make informed decisions
about your resources and choose suitable products for your portfolio.
Education is also key to preventing your emotions from influencing your investments. Emotions such
as confidence, fear, and joy determine human behavior regarding investments, but this can lead to
suboptimal decisions.
While education won't prevent you from making mistakes or guarantee a positive outcome, it lays the
foundation to hopefully improve your decision-making capabilities, can help you understand complex
investment language, and is essential for creating plans to manage your resources and portfolio.