When I first started investing, I wanted to do something simple, like investing in a food company or a computer company, but a friend of mine who had been getting AIM share tips told me that I would be better off investing in mining companies. I didn’t know that you could even do that, but my friend seemed to know a lot about it, and was making a good amount from it, so I took his advice, and it really paid off for me. The little bit that I started with turned into a good amount, and I was able to reinvest that and make even more money.
I’ve been trying to get my mother to start investing, but she doesn’t want to do it. She’s the kind of person who doesn’t like to do anything if it seems to hard. She doesn’t like to use the computer because she always gets confused when she’s doing something as simple as checking her email. She hates using the smartphone because of how hard it is for her to use the touch screen. When I told her that I had made a lot of money from investing in mining, she didn’t understand that either, and didn’t want to bother with it. My father on the other hand, wanted in on the action.
I helped my father get started by showing him exactly what my friend showed me when I was first starting with investing. He quickly figured out how to get the best results from his investment and put more money in than I did starting out. He’s much more of a risk taker than I am, and will often do things that seem as if they won’t work, but somehow they always pay off for him. When he saw his investment returns, he jumped for joy.