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Motley Fool Memo

Everyone has a desire to invest its money with the expectation that they can get more from what they put. However, not everyone will be successful in this field. The reason is because they do not have a good understanding of the business and how the market runs. Selection of right sets of projects is considerably critical for investors to successfully achieve their competitive advantages and investment strategies. Due to limited resources and dynamic changes in business environment, this kind of selection is quite challenging. Beside one hundred selection tools and techniques, academics and practitioners have studied and recommended complex selection frameworks to facilitate the selection of right projects.
It’s hard to choose an investment because the chance to be successful is uncertain. No one has to hold a business major to start an investment, but everyone can do it. For inexperience investors, motley fool can be a good resource to follow. The mission of motley fool is to help you with your investment and take control on your future investment. Motley fool provides the steps that they think might be helpful for investors. Once again, do not expect that you will be successful on your investment after reading the steps; these steps will help you getting familiar with investment.
One of the steps that is describes in motley fool is to settle our personal finance.   It explains on how you manage your personal finance before even start your investment. The advices are such as to erase your credit card debt, plans to regular savings, which basically tell you about your financial situation and   whether you’re ready to invest or not. For example if you have many debts on your credit card, it shows that you cannot manage your financial wisely which makes you have no money to save. Their suggestion on how to manage the personal finance is to save money regularly, save money if there is left over. Try to save at least 5-10 percent of their annual incomes, so it will...