Defining Investment Objectives: Clearly define what you want to achieve with your investments (eg capital growth, income generation, portfolio diversification).
Choosing an asset class: Determine which assets you want to invest in (stocks, bonds, real estate, commodities, cryptocurrencies).
Research investment opportunities: Conduct a thorough analysis of each investment option using fundamental, technical or quantitative analysis methods.
Risk assessment: Find out what risks are associated with each investment (risk of capital loss, inflation risk, currency risk).