The COVID-19 pandemic has caused many families to experience hardship due to frequent lockdowns by the governments in various countries in order to reduce the spread of the viruses that have resulted to deaths. Life has never been the same again in the midst of the pandemic where many people have lost their jobs, been hospitalized, are desperate for new financial avenues and extra extra. You may have lost hope after being retrenched from your occupation but I am here to shine light in your struggles. What ever I am going to share with you is not a get rich quick system but is a steady income generating gateway for long term wealth creation. This is investing in Capital Markets like how Warren Buffet has been doing for the past 50 years in his effort to acquire his wealth in long term time period.
Capital markets are not reversed or accessible for only MITs, Harvard or Wharton graduates of BUSINESS FINANCE bachelors degree guys alone but it is accessible for you too a common young man, college student, hotel waiter, 9-5 job worker or stay-at-home mom. In JANUARY 2021, we all witnessed the GameStop investing activities by common joes or folks like you who ended up making fortunes in the midst of the lockdowns. There it is possible for you and me to replicate the same in this particular field.
To be a retail investor just like those who pulled the GameStop investing event, right the few requirements you need are
A SMARTPHONE OR COMPUTER OR LAPTOP.
INTERNET ACCESS.
WILLING TO LEARN HOW TO TO PLACE A TRADE AND WHEN TO PLACE IT.
I believe these requirements are easily accessible because you are reading this article having fulfilled all the three conditions. Congratulations ladies and gentlemen 👏👏👏, allow me to launch phase 2 of our project which is to define what it takes to be a retail investor in financial or capital markets. Yes the market is accessible to all, it is easy for all to participate after knowing the following
LEARNING THE DYNAMICS OF THE MARKETS
Just as if you are having money a car, you will need to head to a car selling showroom then choose the one that is pocket friendly to your budget, then be given the car after paying for its purchase. If you have never driven a car, you may need an assistance on how to learn drive the car before you can confidently drive your car. In Financial you will need to learn too, because investing will be a life long career to you just as Warren Buffet has been. Here we are not going to tell to go back to university to undertake a course in Business Finance option but we will you a free gateway to learning materials without charging you any cent. This learning material will guide from the most basic concepts to advanced facts that will help in your laptop income earning lifestyle. Click Here To Access the link where you will be taught for free with nice video presentations about capital markets in and outs.
DOING INVESTING ACTIVITIES.
After learning the dynamics of investing which include fundamental analysis, technical analysis, how to analyze the market trends, when to place a trade or position and strategies to use then you are ready ladies gentlemen. You are ready to become a retail investor where you are managing your own funds that can become your wealth in the long run just as Warren Buffet, Ray Dalio, Bill Ackman and Peter Schiff or other legends in investing arena.
As an investor you will need to practice the following;
- Invest your funds wisely- You are required to choose a broker that has been providing their services after a long period especially 5 to 30+ years in this business of capital markets. Having a good broker is wise for safeguarding your funds from AMATUER brokers who can close shop and disappear with your funds. Investing wisely will also entail developing a good habit of money management skills, diversifying your trades, not overleveraging your positions in one trade and having discipline. I will tell you for free, investing is an infinite game where you are looking forward to be consistent with profit generation for long term gains your journey of becoming wealthy.
- Understand Risk and Reward ratios- Every investing decision in this field is accompanied by risk which will reward you with profits or losses. Profits are revenues that can ensure you earn income while losses are the opposite. Being an investor who is looking to the future, you should limit greed, fear and emotions when trading in this market. Be satisfied by consistent gains that are like compound interest which we investors attribute to it as the eighth wonder of this world. A calculated risk will reward you while vice versa will punish you by wiping out your funds.
- The trend is your friend; To successfully place a winning trade, you need to analyze where the direction and magnitude that the trend may cover or move. Think of a trend like a plane taking off or landing to the runway. A BULLISH TREND is the trend that is rising up due to price of a commodity or financial investment instrument sharply or steadily rising up just as a plane takes off from the runway and rising into the air to new high altitudes. On the hand, we have the BEARISH TREND which is a dropping trend due to price of commodities sharply or steadily falling just as plane will land on a running after flying. To learn more about trends please click the links attached here bullish trends and bearish trends.
- Finally maintain Consistency; Consistency is like driving a car where you have to main a particular speed to avoid accidents, malfunctioning of car parts, enjoy your ride and travel safely to destinations. By being a consistent profit maker investor, you will eventually make more money in the long hence becoming wealthy. The goal of any investor is to maintain consistency in their results to ensure that they remain in the game for long, with positive gains and profits on their portfolio balance sheets. You are here to be wealthy in the long run not get rich quick in the a short period therefore patience is virtue to all successful investor.
