To stand out you have to have a different opinion than everyone else and be right.
When everyone is buying stocks you should be selling.
When everyone else is scared you need to be fearless.
You have to be able to see what others do not. When you are able to do this the world opens up and the competition is less
Like Wayne Gretzky said “Skate to where the puck is going and not where it is at.”
Where are people going wrong and how can you help them?
Risk and reward are linked. How much you risk is proportional to how much you will be rewarded. If you want to take small risks then you will have to take many of them. Otherwise you can take one giant risk. When it comes down to taking one giant risk and putting all your eggs in one basket you better make sure its the right basket. There is no one right or one wrong way. There are many ways to lose and win. When it comes to investing Warren Buffet has proved that taking giant positions on wonderful companies pays off a handsome reward.
As soon as you start believing in yourself is when your journey begins. Once you start believing you can make things happen is when you start making things happen. The more you believe the more action you will take to make things happen. When you invest in yourself you see the returns immediately. You become a better person. You create more value for other people. Your life becomes easier. You move out of pain and into pleasure. Invest in your health, wealth, happiness and love. Invest in these areas and fullfil your life to its maximum potential.
Buy low and sell high is the rule of investing everyone know. It sounds easier than it is because when you buy low it means that everyone else does not see value in that business. You have to go against the grain and be right. Low companies are those that not proven and have fallen from the top and are on the way down. The opportunities are right in front of you. I would rather a rusty car with a good engine that a new paint job on a broken down jalopy.
Not only in money you must be an investor in every area of your life.
You must invest your time into developing skills, relationships, and your health. Stop looking at the present moment like there is no future. Look at the moment happening now as an opportunity to invest in a better future for yourself. The keys to a great investor is seeing where the opportunity is now that will yield the most results in the future.
Start to look forward and plan for a better tomorrow. Take action now and your results will keep compounding on themselves.
Ted Williams is one of the greatest hitter to play baseball because he knew what pitches to swing at and which ones to let go. He knew his probability to hit a baseball depending on where the ball was when it crossed the plate. He knew his sweet spot and his cold zones. This is how you should approach every decision you make.
Know where you are most likely to succeed and where you are most likely to fail. Take the most swings in your sweet spot. Minimize your risk of failure by knowing yourself and knowing your strengths and weaknesses.
The rich and wealthy have more than they need. They live below their income and have more money left over each month. They spend less than they earn. They do not live paycheck to paycheck. They take care of their security and necessities first. They think in terms of their networth and not income. They have long term appreciating assets. They’re careers are more passion based and not for money. They budget and have a plan for their money. Their money works for them and they do not work for money. They follow principles, practices and percentages no matter how much money they have. They are well educated and disciplined.
noiz viol8ion 