StellaAyomide's Posts
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“Sometimes your best investments are the ones you don’t make.” Donald Trump |
“Do not put all your eggs in one basket.” Warren Buffet |
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” Warren Buffet |
“To be a successful business owner and investor, you have to be emotionally neutral to winning and losing Winning and losing are just part of the game.” Robert Kiyosaki |
“Earn as much as you can, save as much as you can, invest as much as you can, give as much as you can.” John Wesley |
“An investor without investment objectives is like a traveler without a destination.” Anonymous |
“An investor without investment objectives is like a traveler without a destination.” Anonymous |
. “Do not put all your eggs in one basket.” Warren Buffet |
“In any investment, you expect to have fun and make money.” Michael Jordan |
Everyone wants a piece of land. It’s the only sure investment, it can never depreciate like a car or a washing machine.” Russel Sage |
Never depend on a single income, make an investment to create a second source.” Warren Buffet |
Some of your activities should be viewed as an investment and not a sacrifice.” Anonymous |
. “An investment in education is an investment in our future.” David Wasinger |
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. “Formal education will make you a living; self-education will make you a fortune.” Jim Rohn |
“The largest 100 corporations hold 25% of the worldwide productive assets, which in turn control 75% of international trade and 98% of all foreign direct investment.” Peter Drucker |
Real estate is about the safest investment in the world.” Franklin D. Roosevelt |
“You will come to know that what appears today to be a sacrifice will prove to be the greatest investment that you will ever make.” Gordon B. Hinkley |
“Your body will be around a lot longer than that expensive handbag. Invest in yourself.” Anonymous |
“If you want to be truly successful, invest in yourself to get the knowledge you need to find your unique factor. When you find it and focus on it and persevere your success will blossom.” Sydney Madwed |
"Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” ~Franklin D. Roosevelt |
“Success is not final; failure is not fatal: it is the courage to continue that counts.” – Winston Churchill As the name implies it is strategically located in the heart of Ibeju-Lekki. Attractive neighbourhood for both residential and commercial. LOCATION: Ode-Omi Ibeju-Lekki PROMO PRICE: N950,000 (600SQM) INSTALMENT (6 MONTHS) : N1,050,000(600SQM) INSTALMENT (12 MONTHS): N1.5M (600SQM) PROPOSED ESTATE FEATURES 100% Dry land. Instant Allocation. Good Road Network. Street lights. Gardens and landscaping. Perimeter Fencing. Secured Estate. LANDMARK Lagos Free trade Zone axis. Dangote Projects. Kellogg’s Milk Factory. Power Oil Factory. Deep Seaport. Lacampagne Tropicana. Call Stella Ayomide on 08139956915 for further inquiry on this amazing product/offer and professional advice on Real Estate investing.
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“Business opportunities are like buses, there’s always another one coming.” – Richard Branson
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Call Stella Ayomide on 08139956915 for further inquiry on this amazing product/offer and professional advice on Real Estate investing. |
“Play by the rules, but be ferocious.” – Phil Knight The brand that gave us “Just do it!” qualifies that tagline, which always felt a bit broad, to include boundaries. You can’t “just do it” without regard to the rules, as Knight clearly states. Those rules are what level the playing field and protect fair competition. But rules have nothing to do with the passion in which you play within them. |
“Business opportunities are like buses, there’s always another one coming.” – Richard Branson
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The most successful investors were not made in a day. Learning the ins and outs of the financial world and your personality as an investor takes time and patience, not to mention trial and error. In this article, we'll lead you through the first seven steps of your expedition into investing and show you what to look out for along the way. KEY TAKEAWAYS Your investing journey starts with a plan and a time frame; when you know how long you're investing for and what you hope to gain, you can put the structure in place to achieve it. Next, learn about how the market works, figure out what investment strategy is best for you, and determine what kind of investor you are. Be careful who you're taking advice from and be mindful of your own prejudices and assumptions, as you find the right path for you. Make sure you understand this is a long-term journey so that you won't get tripped up by short-term setbacks; always stay open and learn from your mistakes. 1. Getting Started in Investing Successful investing is a journey, not a one-time event, and you'll need to prepare yourself as if you were going on a long trip. Begin by defining your destination, then plan your investment journey accordingly. For example, are you looking to retire in 20 years at age 55? How much money will you need to do this? You must first ask these questions. The plan that you come up with will depend on your investment goals. 2. Know What Works in the Market Read books or take an investment course that deals with modern financial ideas. The people who came up with theories such as portfolio optimization, diversification, and market efficiency received their Nobel prizes for good reason. Investing is a combination of science (financial fundamentals) and art (qualitative factors). The scientific aspect of finance is a solid place to start and should not be ignored. If science is not your strong suit, don't fret. There are many texts, such as Stocks For The Long Run by Jeremy Siegel, that explain high-level finance ideas in a way that is easy to understand. Once you know what works in the market, you can come up with simple rules that work for you. For example, Warren Buffett is one of the most successful investors ever. His simple investment style is summed up in this well-known quote: "Never invest in a business you cannot understand." It has served him well. While he missed the tech upturn, he avoided the subsequent devastating downturn of the high-tech bubble of 2000. 3. Know Your Investment Strategy Nobody knows you and your situation better than you do. Therefore, you may be the most qualified person to do your own investing—all you need is a bit of help. Identify the personality traits that will assist you or prevent you from investing successfully, and manage them accordingly. A very useful behavioral model that helps investors to understand themselves was developed by fund managers Tom Bailard, Larry Biehl, and Ron Kaiser. The model classifies investors according to two personality characteristics: method of action (careful or impetuous) and level of confidence (confident or anxious).2 Based on these personality traits, the BB&K model divides investors into five groups: Individualist – careful and confident, often takes a do-it-yourself approach Adventurer – volatile, entrepreneurial and strong-willed Celebrity – a follower of the latest investment fads Guardian – highly risk-averse, wealth preserver Straight Arrow – shares the characteristics of all of the above equally Not surprisingly, the best investment results tend to be realized by an individualist, or someone who exhibits analytical behavior and confidence and has a good eye for value. However, if you determine that your personality traits resemble those of an adventurer, you can still achieve investment success if you adjust your strategy accordingly. In other words, regardless of which group you fit into, you should manage your core assets in a systematic and disciplined way. 4. Know Your Friends and Enemies Beware of false friends who only pretend to be on your side, such as certain unscrupulous investment professionals whose interests may conflict with yours. You must also remember that, as an investor, you are competing with large financial institutions that have more resources, including greater and faster access to information. Bear in mind you are potentially your own worst enemy. Depending on your personality, strategy and particular circumstances, you may be sabotaging your own success. A guardian would be going against their personality type if they were to follow the latest market craze and seek short-term profits. Because you are risk-averse and a wealth preserver, you would be affected far more by large losses that can result from high-risk, high-return investments. Be honest with yourself, and identify and modify the factors preventing you from investing successfully or moving you away from your comfort zone. 5. Find the Right Investing Path Your level of knowledge, personality and resources should determine the path you choose. Generally, investors adopt one of the following strategies: Don't put all of your eggs in one basket. In other words, diversify. Put all of your eggs in one basket, but watch your basket carefully. Combine both of these strategies by making tactical bets on a core passive portfolio. Most successful investors start with low-risk diversified portfolios and gradually learn by doing. As investors gain greater knowledge over time, they become better suited to taking a more active stance in their portfolios. 6. Be in It for the Long Term Sticking with the optimal long-term strategy may not be the most exciting investing choice. However, your chances of success should increase if you stay the course without letting your emotions, or "false friends," get the upper hand. 7. Be Willing to Learn The market is hard to predict, but one thing is certain: it will be volatile. Learning to be a successful investor is a gradual process and the investment journey is typically a long one. At times, the market will prove you wrong. Acknowledge that and learn from your mistakes. Culled from Investopedia
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"Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” ~Franklin D. Roosevelt |
“Forget past mistakes. Forget failures. Forget everything except what you’re going to do now and do it.” – William Durant There is only the present, so the enlightened ones tell us, and we cannot allow ourselves to become tied to the past or enchanted by the future. There is only the here and now. We must concentrate on that and act. This quote doesn’t reject the lessons of the past or the plans for the future, but we only have this moment, so do your best in it. |
Call Stella Ayomide on 08139956915 for further inquiry on this amazing product/offer and professional advice on Real Estate investing. |
"Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” ~Franklin D. Roosevelt |
. “Wise spending is part of wise investing. And it’s never too late to start.” Rhonda Katz |