The Five Phases of Becoming a Sophisticated Investor
Just as there are houses for the rich, the poor, and the middle class, there are investments for each of them.
If you want to invest in the investments that the rich invest in, you have to be more than rich.
You need to become a sophisticated investor, not just a rich person who invests.
The Five Phases of Becoming a Sophisticated Investor
1. Are you mentally prepared to be an investor?
2. What type of investor do you want to become?
3. How do you build a strong business?
4. Who is the sophisticated investor?
5. Giving it back
You cannot teach someone to be a sophisticated investor. But a person can learn to become a sophisticated investor.
It's like learning to ride a bicycle.I cannot teach you to ride a bicycle, but you can learn to ride a bicycle. Learning to ride a bicycle requires risk, trial and error, and proper guidance.
The same is true with investing.If you do not want to take risks, then you're saying you do not want to learn.
And if you do not want to learn, then I cannot teach you.
This is for people who are students of investing, students who seek their own path to wealth, rather than look for the easy road to wealth.
If you want to invest in the investments that the rich invest in, you have to be more than rich.
You need to become a sophisticated investor, not just a rich person who invests.
The Five Phases of Becoming a Sophisticated Investor
1. Are you mentally prepared to be an investor?
2. What type of investor do you want to become?
3. How do you build a strong business?
4. Who is the sophisticated investor?
5. Giving it back
You cannot teach someone to be a sophisticated investor. But a person can learn to become a sophisticated investor.
It's like learning to ride a bicycle.I cannot teach you to ride a bicycle, but you can learn to ride a bicycle. Learning to ride a bicycle requires risk, trial and error, and proper guidance.
The same is true with investing.If you do not want to take risks, then you're saying you do not want to learn.
And if you do not want to learn, then I cannot teach you.
This is for people who are students of investing, students who seek their own path to wealth, rather than look for the easy road to wealth.
