Monday, 17 December 2012

Keys To Being A Successful Investor

By Dale Poyser


Get Ready to Make Money - Creativity required

I live by two sayings when it comes to making money

1 - Money is just an idea, people who lack money simply lack ideas.

2 - Wherever there is a will there is a way, if you can't find a way.... you're just not willing enough.

These two phrases greatly helped my investment career. No matter how well you plan for something, you should expect that you will have some challenges along the way. To get ahead in life you will need to overcome challenges.

If you're still reading, then you are serious about building wealth. So let's discuss the fun stuff.

Passive income strategies can make you a lot of money if you do it right. There are methods to the madness so to speak, but luckily they are straightforward.

1) Do your research - Learn before you earn.

Most individuals get into investing because they hope to make a quick buck with no effort. Don't get me wrong, it is possible to build massive wealth with little or no effort, but that happens after you get some knowledge on a wealth building strategy that suits you.

Taking on an investment strategy without proper knowledge on what to do is a surefire way to lose all your cash. SO DON'T DO IT.

2) When choosing an investment strategy, it should be based on more than just the promise of making a lot of money.

Try to pick investment opportunities that suit your personality. As an example if you are the reserved type you should avoid choosing sales type strategies. If you are not the people pleaser then something like that would not be your cup of tea.

Put another way if you like details and numbers, then you may have a promising future in the stock market or even certain types of real estate.

Make a list of your strengths and weaknesses, then choose your money-making path wisely. I used this technique to take stock of my natural abilities and this eventually lead me to options trading online and internet marketing. I love the idea of working from home.

3) Approach investing with an open mind

There is nothing to it, but to do it. There are countless ways to make money. There will always be those that will tell you that something cannot be done, don't listen to them. If there is a will there is a way, find your will and way to make it happen.

I guarantee you that if you ask all the millionaires if someone ever doubted them, they would all say yes.




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