5 SATISFYINGLY SIMPLE STEPS TO BECOMING A SUCCESSFUL INVESTOR



We live in a world of opportunity.


The power we hold in our hands is HUGE.


It’s now SO easy to invest.


To CHANGE our lives.


With just a mobile phone.


Our parents wouldn’t have dreamed of this...


The world didn’t anticipate this...


Are you ready to cultivate the right attitude?


Are you ready to get over the fear of failure?


ARE YOU READY TO CHANGE YOUR MINDSET?


1. KNOW YOUR GOALS


Firstly, are your goals clear?


In order to succeed you need to know why you’re investing:

  • Quarterly dividends

  • Retirement

  • Lifestyle goals


By focusing on these goals you’re reducing the harmful emotional, reactive and impulsive aspects of investing.


You need to be patient, clinical and smart with this.


2. DO NOT TRY TO TIME THE MARKET


Without all the complex kit, hours of research, analysis and data consumption you’re not going to outperform the market.


“Time in the market that beats all”...


What does this mean?


Well. You want the truth? You’re not going to get results overnight. You’re going to watch your stock drop in the short-term sometimes. You’re going to have to wait...


You bet you are.


In order to succeed you need the right attitude. The right mindset. The right tools.


Seriously.


Where do most people fall down?


2008 was a disaster for the financial sector. It was pandemonium. A mess. Yet, the truth of the matter is... If you held a position in the S&P 500 before the crisis…


Watched it fall.


Read every stomach wrenching, emotive, panicked headline.


Held those stocks till today.


You’d be sitting on a 350% increase in your investment. (Sep 2008-Jun 2021 in the S&P500)


Your investments would have recovered within two years!


Take this. If we look at the historical data…


Your investments are likely to grow in value long term. Even if they take a short-term hit.


History repeats itself.


3. DON’T CHECK IN EVERYDAY



As we’ve mentioned, stocks aren’t going to climb overnight.


You’re only going to be an overnight millionaire after years of investing.


Checking in everyday is unhelpful.


You’re not going to have perspective. Market trends are made over months.


They go up and down each day.


Sometimes hourly.


Don’t get caught up in the live data.


Check in quarterly. Or at the very least. Don’t compare the day to day.



4. LEAVE YOUR EMOTIONS AT THE DOOR


It’s a tough one.


When you see that red down arrow.


When you see a headline scream “markets crashing!”


When your friend tells you they’ve made thousands on their bitcoin investment.


When the headlines shout “Tesla stock explodes!”


Emotive storytelling has no place in stocks, trading and investing.


It may seem obvious, but it's’ the one that begs the most reminders.


I won’t bullshit you either.


Because everyone needs to hear this.


DO NOT invest more than you can afford to lose!


You absolutely need to be in a position to leave your money in an investment.


It’s the nature of stocks to go up and down.


Time in the market beats all.


Invest gradually, build your wealth over time.


Without a healthy relationship with your investment portfolio you’re only going to have panic, short term wins and losses.



5. STANDING STILL IS STEPPING BACK


Waiting to start could be your biggest failure.


We can talk about compound interest all day. You know that. It’s far better to take a step. Move forward on your journey.


If you think about every possible action and never execute you’re looking at a lifetime of sitting on the fence.


Thinking:


What if...”


“I could have…”


“If only…”


“If only I’d invested sooner”.


You see. It's a quantifiable failure. You could see markets grow as your savings shrivel and the fat cats invest it for themselves.


IT’S TIME NOW.


Head over to our website here and see what we can do to kick-start your journey!


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