INVESTING
It is possible to start with nothing
Never think about being average but higher level investor
If you invest in stocks you are investing in a business, if
you buy a piece of real such as an apartment building, that building is also a
business. If you buy a bond, you are also investing in a business
To be a good investor you first need to be good at business
·
The best way to invest is for you to have your
business, buy your investments for you.
·
The worst way to invest is for you to invest to
invest as individual. Remember business is a person and you’re the second
person.
Investing means different things to different people
Most people are not investors; most people are speculators
and gamblers.
Most people have the buy, hold and pray the price goes up
mentality. Most investors live in hopes that the market stays up and live in
fear of market crashing. A true investor makes money regardless if they are
winning or losing, and they go both long and short. The average investor does
not know to do that and that’s why most are average investors who fail into the
90% that makes only 10% of the money
Preparing mind to become rich investor is simplest phase but
very important. Not only here but in most of things.
MENTALLY PREPARED
·
What you should invest in is in your own
ability, I mean financial status.
·
Can you invest with riches? The answer is NO YOU
CAN’T. Because rich get richer this mostly probably of investment
proportionally. There are barriers in investment details such as minimum amount of investing
WHY NOT POP-UP RICHENING
A person poses the 3E’s which are;
1.
Education –financial education
2.
Experience –in controlling the finance or wealth,
in short life experience
3.
Excessive
cash
You can have a Excessive cash but when you miss the
Education and Experience definitely you will lose them all. Here am talking
about being rich and maintaining wealth.
·
Thinking of who to becoming later
·
Thinking of the path
·
The choice considering
1.
Secure
2.
Comfort
3.
Rich
Most people dream of becoming rich, but it is not their
first choice. Most people become rich disturbs their comforts or makes them
feel insecure, they will forsake becoming rich. People who make security and
comfort their first and second choices look for ways to get rich quick that are
easy, risk free, and comfortable. A few people do get rich on one lucky
investment, but all too often lose it all again.
·
Investing is a plan not product or procedure
HOW CAN YOU FIND THE PLAN THAT IS A RIGHT FOR YOU
1.
Take your
time, even if it’s a week
2.
Ask yourself what you want in life
3.
Don't talk to anyone for a while, atheist you
know what you think you want.
4.
Call financial advisor , me or even online they
are there
·
Find your own plan first by taking action. Being
calling an advisor, set realistic goals, goals will change as you change….but
stick to the plan."Robert Kiyosaki"
'
No comments:
Post a Comment