To be a good investor you don’t have to be a big shot or keep your eyes glued to stock tickers. All you need to do is spare a few dollars and invest some money that will help you grow. Apart from that, one of the key ways to build your wealth to develop some good habits including regular savings of your money throughout the year.
To initiate this, you need to stop going to your favorite coffee shop or restaurant and make sure that you dine in at home with your family. Car-pool or use a cab to go to work rather than using your own car and pay for the fuel and maintenance cost. All of this is something that really helps you to be save a sufficient amount of money to invest in a business. Apart from that, you can take help from technology and get insights on the different news and views from experts who are masters of the trade.
Also, you can play around with your money and add more value to your business and learn a lot of tricks at the same time. You can also have a look at business news using Spectrum cable and internet service that you can get at your home using numero de Spectrum which connects you to a customer service representative who can get you through the process. To get on with your savings and investment routine, you can have a look at these amazing people and their motivational sayings and learn a lot about how and when to invest your money:
“Rule #1: Don’t lose money. Rule #2: Don’t forget Rule #1.” (Warren Buffett)
Warren Buffet is one of the richest men in the world and knows about the way business and investments work. He is one of the people the world looks up to for words of wisdom and techniques when it comes to money matters. According to him, money is one thing that is making the wheels of society turn and its circulation is very important. But one should always keep in mind that it is one resource that people should manage carefully and make sure that their money and income stays safe. And this is one rule that all investors should keep in mind while making their investment and buying decisions.
“The secret to investing is to figure out the value of something – and then pay a lot less.” (Joel Greenblatt)
Joel is one of America’s greatest investors, writers and hedge fund managers. According to him, know the value of a certain company, commodity, or service. Then another wise thing to do is to bargain or get a discount for yourself. This is something that can help you get a benefit on the deal if you are a buyer and get a good profit margin if you are providing a good or service on the market.
“Invest for the long-term.” (Lou Simpson)
Lou Simpson is one of the minds behind many big names in the industry. He is one of the money managers who worked for big names like Geico and others as a money manager. One of the honors that Lou has is that he is one of the guys who is admired by Warren Buffet himself and many other men with the money in the world. Lou believes that one of the best investments one can make is the one that goes a long way. It is not a wise investment if there is no long-term benefit. This investment can be as simple as buying a laptop or some other gadget, a share in the company, a car, or a real estate property. Anything that is going to benefit you in the long-run is the best of all investments.
“In investing, what is comfortable is rarely profitable.” (Robert Arnott)
Robert Arnott thinks and has a very important point in his quotation where he believes that anything that lies within your comfort zone is worth nothing. Imagine you get something as a gift and there is one thing that you get with the utmost hardships and struggle in your life. That might have cost you almost everything, even your life. Which one will you be more happy and proud of? So take risks, get into hardships and accept challenges. This is something that will get you to your destination as a victor rather than someone who has been granted wealth, power, or anything that many people desire. Try to earn rather than to be granted privilege.
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” (Robert Kiyosaki)
Robert Toru Kiyosaki is one of America’s leading business personalities, business experts and authors. He is also the founder of the Rich Dad Company and Rich Global LLC as well. This privately owned financial education company provides personal finance and education to people via books and video tutorials. Robert believes that the money you make in a month is not your wealth. It is the money that you are saving and manage to save and how well it can be of good use to you and for how long it can stay as your wealth. For this, one has to work really hard and relentlessly to be wealthy enough to pass it on to future generations.