When it comes to investing it is just as important to know when to take money out as it is when to put money in. If the aim of investing is to grow wealth which you can then use, cashing out at the right time can increase your profit margin exponentially.
Granted there are many factors that cannot be controlled when it comes to investing. The fluctuation of the market and the world economy being a large contributing factor. So it’s important to have a baseline plan in place for what you are hoping to gain from your initial investment, and the amount of time you are hoping to gain it in.
In this video Adam Nettleship, MD of Bigmore Associates, reviews some of the things a person can consider when making and withdrawing from an investment.
