By Emmanuel C Agubuo
See tomorrow and plan ahead of it today. If you desire to succeed in that tomorrow, don’t wait until you get into it.
In a few days’ time, this year will come to an end. What’s your plan for next year, especially in regard to your investment journey? Are you proud of what you achieved this year with your investments?
If you’re not, wouldn’t you like to make next year better than this year? And even if you did well this year, wouldn’t you like to make it better in the coming year?
To become better and enhance your chances of winning more, you have to make plans ahead of time. This also entails increasing your knowledge and confidence and being swift in your application of winning strategies.
You win more in the stock market by the application of right strategies than with huge amount of money without a solid strategy.
No one is an island of knowledge. You may need an input from another to make your knowledge more rewarding in your investment journey come next year.
What’s your plan in that direction? Or do you think you can do it alone?
It’s good to read books, posts or articles and blogs, but understanding them properly is entirely a different matter.
Have you ever thought of getting a mentor or mastermind so that he or she can help you do better than you did before? Or you think there’s no need for that?
The reason some of us struggled when we first started was that we didn’t have mentors. Do not let that be your case in 2020. Try and get a mentor, pay him and grow together. That way, you can get a specialized training/ knowledge and not a general advice.
Core information is never shared in the public. It’s to a select few that knows the value. There are things I don’t share anyhow.
(See my posts,
(1) Gaining More With Less and
(2) Paying The Price For Wealth)
In other words, big money-making information is shared in the mentorship circle than in the general knowledge circles.
John Crosby said, “Mentoring is a brain to pick, an ear to listen, and a push in the right direction.” A mentor can help you to shorten your learning curve, “cut your losses and” open your mind to new ideas” of how to win more. This is a hard truth. But it holds the key to doing well in anything, whether it’s stock investing or in any other business venture.
Personally, in other to enhance and consolidate my knowledge and maximize opportunities in stock market investment, I reached out to a mastermind. I enjoy reading his articles in TRW website.
I specifically asked him to guide me and I went ahead and purchased his mental or virtual products with 60k because I really wanted to know the winning stocks, especially his 10 golden stocks recommendations.
Knowing those stocks was my main target because regardless of all the analysis on fundamentals and all that, what counts most, by the end of the day, is buying a potentially viable stock. For me, every other thing is secondary. I don’t know about you.
You see, predicting the stock market is not the key to succeeding in it; rather, it’s being prepared mentally and emotionally for whichever direction it goes; north or south and doing the needful via risk management.
To ensure that you’re on the winning side by and large. Risk management is one of the greatest *ART* every investor who wants to do well in stock market investment should try to improve on and master. See my post, The Art Of Risk Management In stock investment. For me, It’s the core key.
As I said previously, reading books is good in itself, but grasping what you have read is another. A good mentor will help you to grasp, strategize and risk manage your portfolio for maximum benefits.
I will counsel you to get a person you admire and believe in; who has been in the business of investment for a while so that he can mentor you.
Warren Buffett said it’s better to hang out with people better than you. Pick out associates whose behaviours are better than yours and you’ll drift in that direction.
And I say the study of how money works and how it can be deployed to make more money, through investments, should be a continuing process over time because the more you find out, the more you understand that you need to know more. Dare to know more, if you want to earn more.
Robert Koizaky said, financial genius requires both knowledge as well as courage. Once you have knowledge, you can lay in wait for opportunity and seize it when it goes by.
For without the knowledge, you will not recognise the opportunity, let alone know how to grab it.
Feel free to contact me for one on one consultation. A word is enough for the wise.
See you at the top. Cheers.
Emmanuel C Agubuo is an entrepreneur and investor. He helps to strategize on better ways to invest intelligently and profitably in the stock market.
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