Which is more important for investment Money or knowledge?

[kirubel]

In the investment world everyone wants to be good investor and all we want and all we see is investing our money in good investment plan and get a good amount of moneys, and we all prey that we get a good investment plans, but for investment there are two major thing which are very mandatory to analysis to choose and run an investment for a business, those two things are good knowledge towards investments and money managements and also good amount of moneys, but can we have good investment only with one of those things, if so which is more mandatory?

 

[oldbuddy]

In the investment world everyone wants to be good investor and all we want and all we see is investing our money in good investment plan and get a good amount of moneys, and we all prey that we get a good investment plans, but for investment there are two major thing which are very mandatory to analysis to choose and run an investment for a business, those two things are good knowledge towards investments and money managements and also good amount of moneys, but can we have good investment only with one of those things, if so which is more mandatory?

It does not matter how much knowledge you have, you will never make any profit until you put your money on the table. It's why they say, "Put your money where your mouth is".

 

[Stardom22]

Both of the ways are very important. However l see the idea of investing the knowledge to be more preferably. This is deemed long term means of investment for the truth of the matter.

 

[cherry123]

You need both but you need knowledge more. You can't invest in what you don't have the knowledge about you would fail. Give a knowledgeable person less money and the person will bring a lot of profit overtime.

 

[kirubel]

You need both but you need knowledge more. You can't invest in what you don't have the knowledge about you would fail. Give a knowledgeable person less money and the person will bring a lot of profit overtime.

I agree with your idea, even if money is mandatory and the main thing for investment one can't invest his or her money on investment plan that he or she don't know, knowledge is mandatory for investing and getting profit.

 

[cherry123]

My point exactly, money is mandatory and the main thing you need more is the investment knowledge. One can't invest money on investment plans that you don't know or understand knowledge is mandatory for investing.

 

[kirubel]

Both of the ways are very important. However l see the idea of investing the knowledge to be more preferably. This is deemed long term means of investment for the truth of the matter.

I agree with your opinion, true both money or investment fund and knowledge are the most two important things in the business running world and getting those two will increase the profit of any business. but having good knowledge will have more profit.

 

[SHAHID987]

Both are very important in investment, but knowledge is much more important as compare to money. Because with knowledge one can get success with little money, but if he has no knowledge then he may loose all his invested money.

 

[kirubel]

Both are very important in investment, but knowledge is much more important as compare to money. Because with knowledge one can get success with little money, but if he has no knowledge then he may loose all his invested money.

Good explanation, any person who have good knowledge and good skills with experience will manage his or her business better than any person who have now skill and knowledge. so having knowledge is better to work our business.

 

[cherry123]

it wouldn't be a bad idea to run with both money and knowledge . The thing is that the two are the most important things in the business world. Having good knowledge will bring more profit though

 

[nomad]

While it is demanded that you have some knowledge for choosing profitable assets, you cannot invest without having money to invest. Investing is not possible if you do not have money.

 

[eldavis]

For me I think both are equally important. You could have the capital, but without the knowledge you would end up wasting your capital. You could have the knowledge but without the capital the knowledge is useless.

 

[riberet19]

I think that knowledge comes first, since with knowledge you can start making money and capitalize, with money alone you will not be able to make money investing since you will need knowledge not to lose that money.

 

[kirubel]

True, knowledge needs to come first in investment world because we need to know which investment idea and investment plan is good for us and which business idea have good profit if we invest out money on it and the only thing we can study those things is with our knowledge.

 

[deucher]

I once had a sum of 1000 dollars and I thought that if I just invest that amount in shares I will definitely earn but I had no knowledge and I bought them at a very high price and I still have not made a profit from these investments

 

[cherry123]

The both are very important. but investing in knowledge is the best. With knowledge you can make long term investment and even money

 

[bestwriter]

You need both money and knowledge unless you are appointing someone to guide you on where to invest.

 

[Suba]

In my opinion, kowledge is more important as a long-term investment, with your skills you can not only be accepted to work in a well-known company with a large salary, but you can also manage your finances and analyze each investment instrument well.

 

[Starmix]

How could you invest without knowledge and despite having knowledge, how could you invest in the absence of capital? These two words are vital in venturing into investment and business.