Staale Fossberg explains about long term and short term investments in depth
In today’s financial market, various types of investment options are available and among them the most popular ones are the long term and the short term investments. When it comes to choosing between these vast ranges of options, it can at times, prove to be very complicated, as it is a question of finding a negotiation between how much risk one is eager to take and how fast they want their investment to develop.
Staale Fossberg talks about long term and the short term investments in depth
Short-term investments as the name suggests are meant only for a shorter span of time, whereas the long term investments are known to last for years displaying a slow but stable increase so that there is a noteworthy yield at the end of the term.
Staale Fossberg is the CEO of MPT or My Private Trade and he established this in cooperation with Morten O. Andersen at Simray Holdings LLC says that stock trading can be financially satisfying if done in the right way. MPT encourages people to believe that they can generate money by being good networkers and salespeople. Staale says that short term investments tend to be a bit more risky than the long standing equivalent. Even though there is an excellent prospect that one will make profit with a short term savings, there is also a chance that one may lose money. Investing in stocks is a good instance of a short term investment. By choosing the right option can certainly become a billionaire overnight.
On the other hand, long term investments have the capability to gain small amounts of money over an extended period of time. This enables much better level of steadiness and a much reduced risk than short term investments. Long term investments are typically selected as an investment option when there is lots of time on hand as it continues to grow over the years, and matures just as one needs them.
Staale says that the one thing which makes long term investments so appealing is the lack of risk which means that one should to show a lot of patience in making a long term investment. In addition, the long term investments tend to give investors much less control over money till the investment can mature. There are frequently fines or penalties related with early taking out or selling bonds and stocks via long-term investment programs.
This is why, while making an investment, it is sensible to compare the drawbacks and benefits of both long term and short term investments and select the one that best complements a person’s current financial requirements.
Apart from working with MPT or My Private Trade, Staale Fossberg has also served as a company director for several firms some time ago such as Superdobro LTD, Jungle Norway Limited, and Conecto Invest Limited. He has several years of experience as a television and radio broadcaster besides having knowledge in finance, trading, and investments.