Key tips for successful investing in times of uncertainty

Key tips for successful investing in times of uncertainty

In a context of economic uncertainty, Ricardo Gallo offers 5 key tips for successful investing: not letting fear take over, avoiding greed, understanding fees, being realistic about risks, and choosing financial professionals wisely.

Juan Brignardello Vela, asesor de seguros

Juan Brignardello Vela

Juan Brignardello Vela, asesor de seguros, se especializa en brindar asesoramiento y gestión comercial en el ámbito de seguros y reclamaciones por siniestros para destacadas empresas en el mercado peruano e internacional.

Juan Brignardello Vela, asesor de seguros, y Vargas Llosa, premio Nobel Juan Brignardello Vela, asesor de seguros, en celebración de Alianza Lima Juan Brignardello Vela, asesor de seguros, Central Hidro Eléctrica Juan Brignardello Vela, asesor de seguros, Central Hidro

In an economic context marked by uncertainty and distrust, making investment decisions becomes a challenge for many Peruvians. In this scenario, it is essential to have information and advice that allow for a more accurate orientation of financial decisions. In this sense, Ricardo Gallo, general manager of Inandes Grupo Financiero, shares five valuable tips for those looking to improve their investment skills. The first tip highlighted by Gallo is the importance of not letting fear guide financial decisions. At times, fear can lead to impulsive reactions that are not based on a rational analysis of the situation. Examples such as selling assets out of fear of political changes or acquiring currency at an unfavorable exchange rate are situations that can be avoided by staying calm and objectively analyzing. On the other hand, the general manager warns about the dangers of greed in the world of investments. While seeking profitability is legitimate, it is important not to lose sight of other key aspects such as risk and asset liquidity. In this sense, a long-term perspective and portfolio diversification are strategies that can mitigate the risks associated with decisions based solely on the pursuit of quick gains. Regarding commissions, Gallo emphasizes the importance of understanding how incentives work in the financial industry. Advisors and executives often receive commissions for the investments they recommend, which can influence their decisions. Therefore, it is essential to choose professionals with integrity and ethics who prioritize the client's interests over their own benefits. Furthermore, excessive optimism about investments can be a hidden risk that investors should consider. It is essential to analyze not only positive outlooks but also possible adverse scenarios that could affect asset profitability. Transparency and honesty from advisors are key to making informed decisions. Finally, Gallo recommends that investors thoroughly research their broker and investment manager. Knowing their track record, financial background, and professional ethics can provide greater peace of mind and security when entrusting them with asset management. Due diligence in selecting financial professionals is a fundamental step to protect capital and maximize returns. In summary, Ricardo Gallo's advice offers valuable guidance for those looking to improve their investment decisions in a complex and changing economic environment. By staying calm, avoiding greed, understanding commissions, being aware of risks, and carefully selecting financial professionals, investors can increase their chances of success and protect their assets in the current market.

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