Last Updated on November 4, 2022 by admin
Murda started by telling us that the first step is to do your research. “You have to know what you’re investing in,” he said. “If you don’t understand it, don’t invest in it.” He also advised against letting emotions play a role in your decision-making. “A lot of people make bad investments because they get caught up in the hype,” Murda explained. “They see everyone else making money and they want to get in on the action without doing the research first.”
When asked about where he likes to invest his money, Murda told us that he prefers low-risk, high-reward ventures. “I like to put my money into things that have a solid track record,” he said. “I’m not interested in taking big risks—I would rather play it safe and grow my money slowly but surely.” He also advised against putting all your eggs in one basket. “Diversify your investments,” Murda advised. “Don’t put all your money into one stock or one company—spread it out so that you’re not taking too much of a risk.”