ARE YOU STILL AN AMATEUR INVESTOR? DON'T WORRY, THIS EXEMPLIFIED READ WILL SHOW YOU HOW TO CHOOSE YOUR INVESTMENTS WISELY

Investment
Never too young to invest!
Starting early is a major advantage in the world of investment. This is because you have time as your biggest asset. Any one with spare cash can invest. You don't need to be a professional before you consider investing. Being young gives you the advantage of exploring all your options and the ability to make up for your loses before you need them back. Although investing in general is a trend, the fear of losing attached to it, scares young entrepreneurs away. There are few things you should know while launching into any investment platform, be it stocks, bonds, or startup businesses.



stock
Investment is dynamic


Investment is dynamic that is, the trends keep changing. You should not assume anything  as far as an investment (stocks, bonds, startups) is concerned. Some professionals in the field give predictions as to what will be the resulting repercussion in future, based on the present and previous market standings. Yeah! some of these prediction come true but that's what it is..... predictions. As young investors, jumping into predictions without proper survey won't help out.


Avoid predictions and survey the market...Investment is dynamic.

Like i mentioned earlier,  you must not be a professional to start investing. After all Time wasted can not be regained. Time being your greatest asset, must be properly utilized but not with all that fear and anxiety.


Young investors, Time is your greatest asset...utilize it.

Don't know what to invest in? ...here are the steps to take

1. Seek Financial Counsel.
Never assume you know it all for there is always more to learn. It is advisable to hire or consult financial experts on areas of ambiguity as related to your area of specification. Always seek counsel from other investors in your field for successful investors are known to constantly seek knowledge.

Investors, seek knowledge from cradle to the grave
for knowledge empowers you

financial education

2. Discover your Niche.

In investment, a niche is a properly defined and well-segmented area of concentration. An average businessman would want to take up the needs of all the consumers in the market as long as they are ready to pay. An entrepreneur without a niche is like a small fish in a big pond, but discovering your niche and focusing there makes you a big fish in a small pond that can't do without you.
Do you want to start investing? Simple....discover a niche which you can operate comfortably and establish yourself. Don't mimic anyone. Conclusively, you don't want to be a jack of all trade and master of none, it always fails in the long run.

3. Overcome Your Fears.

One thing is discovering your niche or area of concentration, another is overcoming the fear to lose. I have met talented young men and women who are willing to launch into the world of investment. But the fear of losing overrides their willingness to follow suit their dreams. Many folks out there have the best business ideas but are unable to make something useful out of them as a result of some ill-fated insecurities. You need to break out from your cocoon of fear and see a whole new world of possibilities around you.


Don't let the fear of losing be greater than the excitement of winning
Robert Kiyosaki


Do you have a good business idea! give it a try and don't allow the fear of losing to weigh you down.

Have you decided to overcome your fears? one more thing

4. Take The Bold Step But With One Foot.

You don't want to rush into something you are still experimenting. Take it gently, a step after the other until you fully understand your niche, analyze your strengths and weaknesses and improve where need be. Never invest money you can't afford to lose or money you will need soon. Always invest with your spare cash. putting all your financial eggs in one basket is a recipe for disaster.

Never test the depth of a river with both feet
Warren Buffet


5. Learn The Market.

Always seek for more knowledge about your niche to discover the trends and move with it. There are many types of equipment for research at our disposal today, you can utilize them to keep yourself updated with the recent changes and upgrades in your niche. you can also meet investors in your niche and share ideas. Learning the market isn't a one day exercise, it is something you do every day. For instance in stocks, investors are always researching, predicting and seeking knowledge of how the next turnout will look like. This is because the stock market is very dynamic and unpredictable. The same applies to investment as a whole. For you to achieve the long-lasting success you must learn to adjust to the trends.

investment
The market is unpredictable and dynamic

6. Value Your Audience.

This is one of the most overlooked aspects of marketing. Young and practicing investors sometimes forget the power of the customers. Your audience are the customers under your niche. Want to make it big? here is the free and simple secret. Value your customers. Treat them as your most valued assets and they will keep coming back.

Hit the subscribe button above and like us on Facebook. Don't forget to share with friends. looking forward to your comments and thanks for being on our team.


Share:

join 16,273 happy subscribers

About the author

My photo

Leo Smile is a Nigerian Writer, blogger, and Online Entrepreneur. He has hosted many online courses in financial education and career advice. Leo is also currently working on revolutionalizing the business world especially in the area of startups. He is popularly known for his online course, How to start a business with little or no capital.

TRENDING

Confidence Building, A Fundamental business feat.

Believe alone may not be enough to drive you to your destination. There are many post all over the internet on that topic and in fact I ...

Recent Posts