5 Things you must do to be an outstanding Investor.

I think the biggest thing missing in our world today when it comes to business and investing is not lack of information, but lack of quality informations until we have enough of informations stored in us even though we might be gifted but we might not produce effective results, we need to understand that our mind is like rubber band once we expand it with quality informations it will never go back to it’s original state so how then do we expand our mind? We do that by storing quality informations in us just as the saying goes if you are not informed you will be deformed , it may sound regular but the easiest thing to do in this business of being an investor is to regularly educate your self if you truly want to be an outstanding Investor.

A reporter once asked the great warren Buffett how someone can get smarter? Mr Buffett answered him and said that he read 500 pages of books every week on financial reports so when he is making financial decisions he makes it based on informations stored up in him and that’s how knowledge builds up like compound interest, so let’s dive in and see the five things you must do to be an outstanding Investor if you are ready let’s go.

1: Save Money Regularly.

The Rich save 70% of their income you know why? So that when bigger opportunity shows up they will be the first to buy the opportunity, the only reason you give broke people money and they spend it immediately is because they go for short time gratification they are not rich but they want to act as if they have money the truth is if you must be an outstanding Investor you must save money and don’t forget the fact that if you don’t save you are not saved, money have only one language save it today and it will save you tomorrow. you supposed to save at least 10% of your income unless you come into windfall inheritance if not you need to save money every day, every month and every year make it a habit.

2: Live Below Your Means.

  You know you are making progress when it’s difficult for people to understand your true worth, understand this poor management is one of the reasons behind the poverty of many and I have to say this whatever that is not well manage will be well damage, don’t live to impress anyone.

3: Make Your Money Work For You.

 Another part of this game is making your money work for you listen am still writing a content on what the rich don’t tell the poor, make sure you read it when it comes out but listen no matter how hard you work you can’t work your way into wealth I don’t down play the power of work hard but I prefer to work smart you can’t work your self into wealth but you can invest your way into wealth, the difference between the rich and the poor is  that the rich owns something that’s generate money for them but they poor person with poor mentality owns nothing, the rich investor uses his money to buy assets that brings money to him even while he is sleeping but a poor person uses his own money to buy liabilities.

4: Treat yourself like a millionaire.

 you don’t become Rich when you have a million dollar in the bank, no riches begins in the mind, so start from today, start treating your self like a millionaire and talk like a millionaire also.

5: Make Plan For Your Future.

Think of investing as a long journey on which you are just setting out, keep your destination your financial independence in your mind all the time, you can get there, and when you do, it will be worth everything, A goal is a dream with deadline, and I hope you will dream big dreams.

    Thanks for reading!

My name is Uchechukwu Godsent Johnson 

(Investor, Entrepreneur)